Economy

The U.S. could consider imposing tariffs on China to counter the latter's attempts at economic coercion, U.S. Sen. Todd Young said.
Interview

China not 'solely a military threat,' U.S. senator warns

Todd Young predicts G-7 leaders will unite to fight Beijing's economic coercion

17 May 2023
A supervisor displays crushed ore at a rare earth mine in California.
Supply Chain

U.S.-led supply chain talks put focus on minerals, semiconductors

IPEF heads toward partial deal later this month to reduce China dependence

17 May 2023
U.S. prices of long-tailed macaques and other research monkeys are skyrocketing.
Pharmaceuticals

Lab monkey prices soar in U.S. after China cuts off exports

Hunt for new supplier continues as Beijing keeps research animals on short leash

16 May 2023
Japan's three top banks reported their highest combined annual profits in nine years on Monday. (Source photos by Reuters, Jiji and AP) 
Finance

Top Japan banks' upbeat forecast dimmed by U.S. worries

High interest rates and regional bank failures raise red flags in growth market

16 May 2023
A Lockheed Martin missile is showcased at a U.S. Army expo in Huntsville, Alabama in March: While America still leads in many areas of technological innovation, it is not the sole source of cutting-edge advances.
Opinion

U.S. technology controls fail to account for Pacific allies

Shift from outdated mindset needed to support collective regional security

15 May 2023
U.S. Treasury Secretary Janet Yellen speaks during a press conference at the G-7 meeting of Finance Ministers and Central Bank Governors in Niigata, Japan on May 11. (Photo by Tomoki Mera) 
G-7 in Japan

Yellen urges G-7 to help poorer nations counter China, Russia threats

Japanese finance minister says he will listen to like-minded countries outside of the rich group

11 May 2023
Fragmentation in trade in services, capital flows and cross-border investment is worse than in goods trade, says Adam Posen, president of the Peterson Institute for International Economics.
Interview

Japan can be assertive with U.S. on free trade: think tank chief

Economic fragmentation will hurt innovation and growth, Adam Posen warns

9 May 2023
Global business leaders and investors gathered at the annual Milken conference in Los Angeles from April 30 to May 3. 
Business trends

India, Indonesia CEOs woo global investors as 'China plus one' options

Emerging Asia's other big economies vie for attention at Milken Conference

5 May 2023
The IMF's Asia and Pacific Department says risks from weakening exports to advanced economies, slowing productivity in China and a fragmentation of global trade are clouding Asia's outlook.
Bank of Japan

IMF sees uncertainty over Japan's monetary policy

Shift from ultralow rates could significantly impact globe: regional director

4 May 2023
A container terminal in China. The U.S. and China account for more than 40% of the global economy. (cnsphoto via Reuters)
Interview

Asia stands to lose big from U.S.-China trade war: IMF Asia chief

Region's supply chain links leave it vulnerable to fragmentation, Krishna Srinivasan says

2 May 2023
The Federal Reserve said its oversight of the Santa Clara, California-based bank was inadequate and that regulatory standards were too low.
Finance

Fed plans broad revamp of bank oversight after SVB failure

Regulatory weaknesses 'must be addressed,' central bank's vice chair says of review

29 April 2023
FDIC representatives speak with customers of Silicon Valley Bank outside its headquarters in Santa Clara, California on March 13.
Opinion

Role of prolonged low rates in financial turmoil can't be ignored

Macrofinancial conditions prompted Silicon Valley Bank's strategy

27 April 2023
An aerial view of containers and cargo vessels at China's Qingdao port in May last year.
Caixin

Vietnam, Taiwan boost share of shipments to U.S. as China loses out

India, Cambodia also grow as 'low-cost' exporters, eroding Chinese dominance

25 April 2023
The challenge for Hong Kong going forward is to maintain its ease of doing business without compromising its reputation as a responsible trading partner.
Business Spotlight

How business-friendly Hong Kong became a hub of Russian chip trade

Ease of setting up companies makes dodging sanctions easier, experts say

21 April 2023
U.S. Trade Representative Katherine Tai speaks at a media briefing in Tokyo on April 20. The U.S. is working to create the 14-nation Indo-Pacific Economic Framework. (Photo by Natsumi Kawasaki) 
Trade

U.S.-led Pacific trade framework may see results this year: USTR

U.S. Trade Representative Tai says goal is not to decouple from China

20 April 2023
Indian Finance Minister Nirmala Sitharaman, left, speaks at the G-20 finance ministers meeting in Washington. 
International relations

G-20 ministers agree on quick action for indebted nations

China, the largest creditor, key to relief amid rising interest rates

14 April 2023
Nazak Nikakhtar formerly served in the U.S. Commerce Department and is now a partner at Washington law firm Wiley Rein. (Photo by Dupont Photographers)
Interview

Globalization has 'backfired': ex-Trump trade official

Nations must pick partners that help ensure security, Nazak Nikakhtar says

11 April 2023
The current "shadow" interest rate in the U.S. shows monetary conditions there remain mostly accommodative, with the risk of inflation intact.
Datawatch

Lower 'shadow' interest rate points to higher U.S. inflation

Lingering effects of quantitative easing offset Fed's tightening

8 April 2023
French President Emmanuel Macron, center, inspects a honor guard with Chinese President Xi Jinping, left, in Beijing on April 6.
International relations

Macron meeting offers Xi chance to undercut U.S.-led pressure

Leaders tout economic cooperation deals and common ground on Ukraine

7 April 2023
TikTok CEO Shou Zi Chew is questioned at a U.S. House Energy and Commerce Committee hearing on March 23. 
Opinion

U.S. deserves title as master of economic coercion

Undermining of WTO and free trade show Washington's true colors

6 April 2023
China dominates the global market for rare-earth materials.
Supply Chain

China weighs export ban for rare-earth magnet tech

Beijing looks to strike back after Washington's chip restrictions

6 April 2023
TSMC founder Morris Chang, right, has publicly declared that he supports U.S. controls on exports of chip technology to China. 
Opinion

U.S. allies are on board for China chip tech controls after all

Sharing of costs has reduced corporate grumbling about lost exports

4 April 2023
(From left) Former Bank of Japan Gov. Yasuo Matsushita, and former and current U.S. Federal Reserve Gov. Ben Bernanke and Jerome Powell. 
Comment

A Silicon Valley problem with similar traits to past global crises

Contagion from financial crises now spread online, risking quicker collapses

3 April 2023
Japanese Prime Minister Fumio Kishida, left, and U.S. President Joe Biden meet at the White House in January.
Semiconductors

U.S.-led effort to wall off semiconductor tech draws in Japan

Chipmaking tool suppliers seek clarity on new controls while China condemns move

1 April 2023
U.S. President Joe Biden drives a Cadillac electric vehicle during a visit to the 2022 Detroit Auto Show.
Automobiles

U.S. EV tax break leaves out imports in blow to Japanese, European autos

$7,500 credit limited to North American-made cars despite objections from other countries

1 April 2023