Economy

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
Many OPEC members rely heavily on revenue from oil exports.
Commodities

Line in the sand: OPEC+ defends $80 oil price floor with output cut

Anticipated drop in demand puts budgets at risk for Saudi Arabia and UAE

6 October 2022
The U.S. had pushed OPEC not to proceed with the cuts, arguing that fundamentals don't support them, a source familiar with the matter said.
Commodities

OPEC+ agrees to cut output 2m barrels a day despite U.S. pressure

Saudi Arabia and other group members have said they seek to prevent volatility

6 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
A booth promoting digital yuan during the China International Fair for Trade in Services in Beijing on Sept. 1: The People's Bank of China has declared that the digital currency is technically ready for cross-border use.
Opinion

China and Gulf states share interest in taking digital yuan global

Both see value in developing alternative to dollar-centered financial system

5 October 2022
Turkish President Tayyip Erdogan, right, and Central Bank Gov. Sahap Kavcioglu in Ankara on June 8: Kavcioglu has embraced Erdogan's ideas.
Opinion

Turkey's monetary experiment holds lessons for Asia's central banks

Blindly following the Federal Reserve's rate moves brings risks to region

3 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
Residents of Riyadh dressed as anime and movie characters walk along a street, as they take part in a two-day costume event in the Saudi capital in March 2022. 
Comment

Can Gulf oil producers turn boom into new riches?

Countries face last chance to leverage fuel reserves amid decarbonization

28 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
A cotton harvester works in the field in Hami in northwest China's Xinjiang Uygur Autonomous Region on Oct. 9, 2020. Europe is proposing a ban on all goods made using forced labor, in light of alleged force labor practices in the Chinese region. (Source photos by AP) 
Trade

In swipe at China, EU moves to ban goods made using forced labor

Beijing likely to react angrily to 'protectionist' measures

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
Flood victims in Pakistan. Countries already dealing with extreme weather and the pandemic now have to cope with higher interest rates.
Interview

'Compounding crises' threaten debt-burdened poor nations: World Bank VP

Akihiko Nishio sees urgent need for broad cooperation to help struggling states

12 September 2022