Economy

President Richard Nixon, pictured in his White House office after delivering a nationwide television addressposes on Aug. 15, 1971: it still deserves to be remembered as a shock.
Opinion

Understanding the real impact of the 'Nixon Shock'

How best to control money still eludes the world's advanced economies

25 August 2021
U.S. Vice President Kamala Harris attends a supply chain roundtable Aug. 24 in Singapore.
Biden's Asia policy

Harris calls for stronger supply chain cooperation with ASEAN

US VP heads to Hanoi after health incident potentially linked to Havana Syndrome

25 August 2021
Rates of vaccination are on the rise in advanced nations but COVID-19 cases are also increasing. (Source photos by Reuters) 
Datawatch

COVID-19 casts shadow over US and European economic optimism

Delta variant shakes confidence despite progress on vaccinations

24 August 2021
Janet Yellen knows how to handle fiery politicians.
Opinion

Get Janet Yellen to Beijing and let the healing begin

U.S. Treasury secretary is ready for the China reboot the world needs

16 August 2021
Professor Barry Eichengreen says every true international and reserve currency in history has been a currency of a political democracy or a republic, with real political checks and balances. (Photo courtesy of the International Monetary Fund)
Interview

For yuan to be the new dollar, China needs democracy: Eichengreen

University of California scholar 'struck' by resilience of American currency

13 August 2021
Cambodian workers eat lunch outside a Chinese-operated factory in the Chinese-managed Special Economic Zone (SEZ) in the city of Sihanoukville, Cambodia .
International relations

Cambodia drawn ever closer to China a year after EU sanctions

US keeps up trade as Western counterweight to patron's pull

13 August 2021
Kurt Campbell, pictured in January 2013: the need for a new economic agenda is well understood by Campbell, U.S. National Security Council Indo-Pacific coordinator.
Opinion

Biden's digital trade idea reveals emerging US strategy for Asia

Reasserting economic leadership will require skillful new statecraft

11 August 2021
A China Telecom booth at a Beijing exhibition in July 2021. The offering by the world's largest telco will be the mainland's largest listing in a decade.
Markets

China Telecom raises $8.4bn in Shanghai months after US delisting

Offering highlights Beijing's resolve to minimize fallout from Washington crackdown

6 August 2021
An Afghan Army soldier inspects a junkyard filled with destroyed American equipment in Bagram, Afghanistan on July 2. (Photo by Kanika Gupta)
Afghanistan turmoil

Afghan economy on verge of collapse as US troops depart

Abrupt exit leaves locals to deal with deteriorating security on their own

5 August 2021
An art installation marking the centenary of the founding of the CCP, pictured at Tiananmen Square on July 2: China's demographic tailwind has run out of puff.
Opinion

Has China already peaked?

Latest census figures show that talk of unstoppable momentum is misplaced

3 August 2021
Chinese steel is a frequent target of countervailing tariffs.
Trade

Japan to fight state-subsidized imports, learning from US and EU

Tokyo seeks intel-sharing framework, targeting metals and chemicals

30 July 2021
A branch of Citibank in Beijing. Global banks have unveiled big plans to expand in China, shrugging off mounting tensions with the U.S.
Finance

Citigroup banks on disciplined approach to China

Institutional banking and wealth management are focus of Asia strategy

29 July 2021
Representation of Ethereum cryptocurrency: blockchain systems are often deployed alongside networks that employ tokens and digital currency.
Opinion

Cryptocurrency should be added to the US-Japan trade deal

Substantial economic equities are at stake for both sides

28 July 2021
Dalilah Muhammad of the U.S. celebrates her gold medal in the women's 400m hurdles at the Rio 2016 Olympic Games on Aug. 18, 2016, in Rio de Janeiro.
Tokyo 2020 Olympics

Spending on Olympic medals pays off in swimming and track

Team sports require more money but win far less, as shown by Rio 2016 data

20 July 2021
Offshore oil and gas platform Edith in the Beta Field is seen off the coast of Long Beach, California. The new Nikkei/FT joint bureau in Houston will be a hub for covering energy news.
Announcements

Nikkei and FT to open Houston bureau, strengthening energy coverage

First joint office will track policy, corporate management trends and US economy

19 July 2021
Consumer prices increased 5.4% in June from a year earlier, the biggest monthly gain since August 2008.
Interview

US inflation spike won't last, former Obama economic adviser says

Goolsbee says the economy not in conventional business cycle

19 July 2021
Analysts warn that Japan risks becoming less competitive with its timid budgeting for climate change and new technologies.
Economy

Japan spends just fraction of US and Europe on post-COVID economy

Tokyo's short-term budgeting goes small on climate change and development

17 July 2021
A labo scientist holds up the basis for new antibiotic: innovative new antimicrobials are desperately needed.
Opinion

Japan should follow US efforts to develop new antibiotics

PASTEUR Act addresses growing health crisis of global significance

10 July 2021
U.S. President Joe Biden hands a pen to Lina Khan, chair of the Federal Trade Commission, as he signs an executive order on "promoting competition in the American economy" as members of his cabinet stand by at the White House on July 9.
Politics

Biden signs executive order to boost corporate competition

Targets range from Big-Tech acquisitions to employee noncompete agreements

10 July 2021
BlackRock is leading a public-private 55 billion yen ($500 million) fund aimed at developing infrastructure for the transportation of green energy in emerging markets. (Source photos by AP and Reuters) 
Climate Change

BlackRock to launch green infrastructure fund in Asia

The public-private partnership also eyes projects in Africa and Latin America

5 July 2021
The headquarters of the People's Bank Of China, pictured on May 4: unlike the Fed, the PBOC is anything but independent.
Opinion

What the Fed can learn from the People's Bank of China

Beijing is returning to monetary sobriety faster than Washington

5 July 2021
Cargo cranes and cargo are seen at Keelung Port during sunset hours .
Trade

US and Taiwan revive trade talks after 5-year freeze to counter China

Taipei pushes Washington for pact, but both sides likely face heavy pushback at home

1 July 2021
Toyota allied itself with the Trump White House's attack on vehicle emissions standards.
Opinion

Pro-Trump largesse drops Toyota in shark-infested waters

Few metaphors better encapsulate Japan Inc's ethos than 'Jaws'

1 July 2021
Masks are produced at a factory in La Verne, California, U.S. Many American mask makers are struggling to stay afloat as demand ebbs and Chinese competitors offer cheaper alternatives.
Business trends

China's 1-cent masks drive US manufacturers to the brink

Small businesses cite national security in plea for federal aid

29 June 2021
Men work inside a furniture factory in Ho Chi Minh City in 2006, and containers at Dinh Vu Port in Hai Phong city in 2019. Vietnam overtook China last year in furniture exports to the U.S. (Source photos by AFP/Jiji)
Economy

Vietnam's furniture sector 'nervous' over US logging probe

Washington investigates nation's timber industry and ties to illegal logging overseas

28 June 2021