Economy

U.S. Secretary of Commerce Gina Raimondo ended her four-day trip to China in Shanghai where she told media that her discussions with Chinese officials were "candid."
US-China tensions

U.S. expects no sudden resolution of China issues: commerce chief

Gina Raimondo says no room to negotiate on national security on China visit

30 August 2023
U.S. Commerce Secretary Gina Raimondo, right, speaks next to U.S. Ambassador to China Nick Burns during a meeting with Chinese Commerce Minister Wang Wentao in Beijing on Aug. 28. (AP photo/Andy Wong, pool)
US-China tensions

U.S. and China agree to new dialogue on trade, chip export curbs

Top commerce officials to hold regular meetings to prevent escalating tensions

29 August 2023
U.S. Commerce Secretary Gina Raimondo is expected to meet with Chinese Commerce Minister Wang Wentao on her visit to China.
US-China tensions

U.S. commerce chief begins China trip with focus on chips, AI

Raimondo to seek open channel for dialogue through tech tensions

27 August 2023
Federal Reserve Chair Jerome Powell delivered a highly anticipated speech Friday morning at an economic summit in Jackson Hole, Wyoming.
Economy

Yen edges down as Fed's Powell says higher rates may be needed

Robust U.S. consumer spending, housing market threaten 2% target

26 August 2023
Chinese President Xi Jinping, left, central bank chief Pan Gongsheng and Vice Premier He Lifeng. (Nikkei montage/Source photos by Reuters and AP)
Interview

Xi's apparatchiks will struggle to revive economy: China watcher

President's inner circle lacks global trade and finance know-how, Willy Lam warns

19 August 2023
Lahaina residents Nora Bulosan, right, and Hannah Tomas comfort each other as they and others gather in hope of getting access to their homes on Aug. 16.
Natural disasters

Hawaii governor vows to block land grabs as fire-ravaged Maui rebuilds

Death toll reaches 111 as investigation continues over cause of deadly blaze

17 August 2023
U.S. President Joe Biden in Wisconsin on Aug. 12: His order restricting U.S. investment in China's tech industry adds to the forces already throwing Asia's biggest economy off balance.
Opinion

Wrong timing for Biden to further squeeze China's economy

Instability would rebound on U.S. to its detriment

17 August 2023
Cost savings boosted profit margins at Apple, which is building up its services business to reduce dependence on the iPhone.
Business trends

Global corporate earnings dip amid flagging China demand

Apple, Amazon and other Big Tech players bounce back on cost cuts, ad sales

11 August 2023
U.S. President Joe Biden's new executive order warns that advances in sensitive technologies by countries of concern pose "an unusual and extraordinary threat" to national security.
US-China tensions

Biden bans some U.S. tech investments in mainland China, Hong Kong

Beijing criticizes restrictions covering AI, advanced chips and quantum technology

10 August 2023
A goods demand shortage is hitting manufacturers worldwide, as China's economy sputters and consumers shift toward services.
Economy

Demand slump drags global manufacturing to financial crisis levels

70% of major economies show shrinking production as China flags

8 August 2023
The yen's fall has put investors on alert about another possible currency intervention by the Bank of Japan and the government. (Nikkei montage/Satoko Kawasaki)
Market Spotlight

Bank of Japan's policy adjustment hasn't stopped the yen's slide

Japan-U.S. yield gap remains wide after Treasury rates shoot up

7 August 2023
China "views us very much as their adversary," former U.S. Trade Representative Robert Lighthizer says. (Photo by Nikkei)
US-China tensions

Trump will raise China tariffs if he wins White House: ex-USTR

Robert Lighthizer says former president 'deadly serious' about campaign pledges

6 August 2023
The U.S. has been importing more chemotherapy treatments, immunosuppressants and other lifesaving drugs from China.
Pharmaceuticals

U.S. dependence on China for lifesaving drugs grows

Treatments for cancer, cardiovascular diseases drive rising imports

2 August 2023
Gold at a Beijing jewelry store: China, together with Russia, accounted for 60% of official purchases of gold between 2010 and 2022.
Opinion

Asia's growing dollar wariness is hardening up gold

Seizure of central bank reserves, U.S. debt worries drive search for alternatives

31 July 2023
 India remains the world's fastest growing big economy with a 6.1% expansion this year.
Economy

IMF upgrades India economic outlook, while China's recovery loses steam

'Too early to celebrate' about world economy despite resilient start to 2023

26 July 2023
Rick Rieder, BlackRock's chief investment officer of global fixed income, said the best time to invest is "after the tough years."
Interview

BlackRock's Rick Rieder optimistic that U.S. can avert recession

Fixed-income chief bullish on equities, sees 'great environment' to invest in

25 July 2023
China welcomed visitors to "Summer Davos" in June, but a preoccupation with security was evident throughout the event.
Comment

China's overconfidence could trip up its self-sufficiency dream

Contradictory words and actions on display at Summer Davos

23 July 2023
Goods remain the main driver of inflation in Japan as companies pass on higher materials and energy costs to consumers. (Photo by Makoto Okada)
Inflation

Japan overtakes U.S. in inflation, but wage growth lags

Service-sector pay raises are key to Tokyo's goal of a virtuous cycle

22 July 2023
German automaker BMW is expanding a plant in Mexico, which has outstripped China in exports to the U.S. in the first five months of this year. 
Trade

China no longer top exporter to U.S. as trade rift widens

Mexico and Canada take over amid tariffs and 'friendshoring'

14 July 2023
Currency traders covered short positions on the Japanese currency.
Markets

Yen strengthens in reversal, driving down Japanese stock prices

Possible BOJ shift and cooling U.S. inflation undermine traders' assumptions

13 July 2023
Cleveland Fed President Loretta Mester (Photo obtained by Nikkei)
Interview

2 more rate hikes 'reasonable' for this year: U.S. Fed official

Economic indicators stronger than expected, says Cleveland Fed President Loretta Mester

12 July 2023
U.S. Republican presidential candidate Ron DeSantis talks with reporters after walking in a rainy July 4 parade in the state of New Hampshire.
Politics

White House hopeful DeSantis favors revoking China trade status

Republican 2024 candidate calls Beijing 'No. 1 geopolitical threat' to U.S.

10 July 2023
U.S. President Joe Biden and his predecessor Donald Trump have both dealt with the negative impact of trade with China.
Comment

Biden and Trump both exaggerate pain from trade with China

Impact on U.S. jobs seen as less severe than advertised

10 July 2023
U.S. Treasury Secretary Janet Yellen speaks during a press conference at the U.S. Embassy in Beijing on July 9.
International relations

Yellen says China visit made 'progress,' vows more communication

Treasury Secretary says U.S. willing to hear Beijing's concerns on targeted actions

9 July 2023
The U.S. Federal Reserve has fallen into what is essentially negative net worth
Economy

Fed's slide into effective negative net equity may pose challenges

Concerns arise about confidence in currency and central bank independence

9 July 2023