Economy

The policy divergence between the dovish Bank of Japan and the hawkish U.S. Federal Reserve is a primary driver of the dollar's recent strength and the yen weakness. (Photo by Tomoki Mera) 
Currencies

Yen falls past 150 per dollar, hitting new 32-year low

Fed's sustained hawkish monetary stance spurs dollar-buying

20 October 2022
Lam Research Corp. is the world’s fourth-largest semiconductor equipment maker by market share.
Semiconductors

Lam Research expects $2.5bn revenue hit from China chip ban

U.S. chip equipment maker says it will lose 'very profitable' Chinese buyers

20 October 2022
The yen was briefly trading at around 147.65 against the dollar, crossing the 147.64 mark it recorded in 1998 and hitting its weakest point since August 1990. (Source photos by Koji Uema and Yo Inoue)
Markets

Yen weakens to 32-year low, declining past 147 per dollar

Sell-off raises possibility of new forex intervention by Tokyo

14 October 2022
Drought conditions have caused Mississippi River water levels to drop, triggering barge draft restrictions.
Inflation

Food inflation worries reignite as U.S. barge prices hit new highs

Surging fertilizer costs add to hunger threat in emerging nations

14 October 2022
Foreign currency reserves in countries such as Turkey are below levels the IMF considers safe.
Economy

Emerging-market debt breaches 250% of GDP, making it G-20 focus

Impact of strong dollar and rising interest rates likely to be on agenda

13 October 2022
The global economy is under pressure from the war in Ukraine, high energy prices and rising interest rates. 
Economy

IMF cuts 2023 global growth forecast to 2.7% as rate hikes bite

'The worst is yet to come, and for many people 2023 will feel like a recession,' report says

12 October 2022
Ukrainian rescuers at a building damaged by Russian shelling in Zaporizhzhia on Oct. 6. (Ukrainian Emergency Service via AP)
Ukraine war: Free to read

Ukraine from Sept. 15 to Oct. 7: Russia strikes housing in Zaporizhzhia

Biden says nuclear 'Armageddon' risk highest since Cuban crisis; two Russians sail to Alaska, seek asylum

7 October 2022
A combination of post-pandemic debt, inflation and currency fluctuations has thrown central banks throughout Asia into chaos this year. 
The Big Story

The money blizzard: Asia's central banks reckon with the aftermath of COVID-19

Governments from Japan to Thailand grapple with inflation, currency chaos and 'zombie companies' after biggest-ever bailout

5 October 2022
Unicorns and smaller startups have entered a stage testing them for balance.
Datawatch

Unicorns' growth strategy reaching turning point

SBG, other nontraditional investors squeeze money, prioritize profit

2 October 2022
An anti-tank missile is fired during an exercise at the Defense Expo Korea on Sept. 20. South Korea exports tanks, howitzers and other conventional weaponry to countries like Poland.
Aerospace & Defense Industries

South Korea triples arms exports in 2 years on tailored sales pitches

Seoul's longtime push to curb dependence on U.S. bolsters defense industry

29 September 2022
Gusts from Hurricane Ian begin to knock down small trees and palm fronds in a hotel parking lot in Sarasota, U.S. on Sept. 28. 
29 September 2022
U.S. Trade Representative Katherine Tai speaks to Nikkei in an interview in Tokyo on Sept. 26. (Photo by Manami Yamada)
Interview

U.S. seeks early results for Indo-Pacific trade initiative

Trade Rep. calls on IPEF members to 'build on the momentum' of L.A. meeting

28 September 2022
The strategic use of trade, investment, finance and technology is key in competing effectively with China, says Glen Fukushima.
Trade

U.S. will need more time for trade liberalization: former USTR official

Glen Fukushima urges Japan to engage more strongly with American society

27 September 2022
Francois-Philippe Champagne, Canada's minister of innovation, science and industry, will attend former Japanese Prime Minister Shinzo Abe's funeral this week. (Photo by Yumiko Oshima)
International relations

Abe was 'instrumental' in forging economic ties with Canada: minister

Former Japan PM saw country with shared values, Champagne says

26 September 2022
Investor concerns over the Fed's hawkish rate policy sent U.S. stocks tumbling on Sept 23.
Markets

Wall Street tumbles as investors fret on rate hikes and recession

The Dow closes at 2022 low but avoids bear territory

24 September 2022
The Japanese yen weakened past 145 to the dollar, hitting a new 24-year low. (Photo by Kosuke Imamura)
Markets

Yen weakens to 145 as central bank rate decisions hit markets

South Korean won at lowest in 13 years after Fed raises interest rates

22 September 2022
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference after the central bank raised its target interest rate by three-quarters of a percentage point in Washington on Sept. 21. 
Inflation

Fed raises rates by 75 basis points again, signals more big increases

Powell says determined to 'get inflation behind us,' but no painless way to do so

22 September 2022
China's Qingdao port on the Yellow Sea. Asian countries want the U.S. involved in regional trade to prevent others from filling the void, U.S. Undersecretary of State Jose Fernandez said.
Interview

U.S.-China decoupling not Washington's goal: diplomat

State Department's Jose Fernandez signals further involvement in Asia through IPEF

22 September 2022
Victims of flooding walk with their cattle in Sehwan, Pakistan, on Sept. 9: The country will be difficult to live in because of flooding within thirty years.
Opinion

Emerging problems can only be effectively addressed globally

Conflict within and between nations to grow as planet heats

21 September 2022
Family members sit on rope beds beside their damaged house in Dera Allah Yar, Balochistan, on Aug. 25: Pakistan's floods should be a wake-up call for the world.
Opinion

Pakistan is owed reparations, not aid, by U.S. and China

Polluting countries owe debt for climate-change harms

16 September 2022
U.S. President Joe Biden holds up a microchip as he speaks before signing an executive order in February 2021 aimed at dealing with a shortage of semiconductors.
Politics

Biden orders deeper foreign investment reviews in chips, supply chains

Directive focuses on technology, cybersecurity in line with China concerns

16 September 2022
As U.S. vice president, Mike Pence was an outspoken critic of China.
Comment

How Pence's China polemic set stage for lasting inflation

2018 speech splintered the world and turned back clock on globalization

16 September 2022
Ukrainian President Volodymyr Zelenskyy poses for a photo with soldiers after attending a national flag-raising ceremony in Izium, Ukraine on Sept. 14.
Ukraine war: Free to read

Ukraine from Aug. 22 to Sept. 15: Zelenskyy in car accident, no serious injuries

U.N. aims to facilitate Russian fertilizer shipments; India may start trade with Russia in rupees

15 September 2022
IPEF ministers gather for a photo in Los Angeles on Sept. 8.
The Nikkei View

Indo-Pacific Economic Framework needs to bolster free trade

U.S. stance toward China should not be black and white

14 September 2022
Shipping containers are unloaded from a ship at the Port of Los Angeles-Port of Long Beach complex.
Supply Chain

Global supply chains poised for relief as ship congestion eases

Vessels waiting to load off U.S. West Coast drop to less than 10th of peak

11 September 2022