U.S. Trade Representative Katherine Tai at a news conference in Ottawa on May 5.
Trade war

U.S. weighs fate of China tariffs as trade war hits 4-year mark

Officials weigh inflation concerns against leverage in negotiations with Beijing

7 July 2022
Indonesian President Joko Widodo visited Kyiv and Moscow amid pressure from the public for relief from inflation and farmers for access to Russian fertilizer, as well as the threat of a boycott of the G-20 summit in November. (Nikkei montage/Reuters/Getty Images) 
Ukraine war

Indomie diplomacy: How inflation drove Jokowi to Kyiv and Moscow

From noodles to palm oil, high prices raise stakes of diplomacy for G-20 chair

5 July 2022
An advertisement of Bitcoin near Shibuya train station in Tokyo in January 2018: There was never a real market test for bitcoin's fantastical claims. 
Opinion

Bitcoin will be remembered as a historically insignificant fallacy

Unlike other important ideas, problems associated with cryptocurrencies remain unsolved

4 July 2022
A Sakhalin Energy employee at the Sakhalin-2 gas liquefaction plant in Russia's Far East. Mitsubishi Corp. and Mitsui & Co. could be forced to sell their stakes in Sakhalin Energy.
Energy

Russia move on Sakhalin-2 thrusts Japan into an energy dilemma

Loss of 10% of LNG imports would worsen summer power crunch

2 July 2022
Liquefied natural gas from the Sakhalin-2 project is loaded onto a tanker in the Russian port of Prigorodnoye last October.
International relations

Russia transfers Sakhalin-2 to new operator without compensation

Putin move raises fears Japan's Mitsui, Mitsubishi may be excluded from new deal

1 July 2022
Russian President Vladimir Putin shakes hands with Indonesian President Joko Widodo during a joint news conference following their meeting in Moscow.
Ukraine war

Jokowi says Putin agrees to sea route for Ukraine wheat exports

Indonesian president to 'bridge communications' between Kremlin and Zelenskyy

1 July 2022
The logo of German solar power equipment company Q-Cells at a factory site near Bitterfeld in April 2012; The sudden emergence of Chinese competitors wiped out Germany's advanced solar power industry.
Opinion

China is steadily wiping out German industry

National strategy that defined Angela Merkel era has run its course

30 June 2022
Ukrainian President Volodymyr Zelenskyy meets Indonesian President Joko Widodo at the Mariinskyi Palace in Kyiv for their bilateral meeting on June 29. (Photo courtesy of Indonesian Presidential Palace)
Ukraine war

Indonesia's Jokowi offers to broker peace in meeting with Zelenskyy

G-20 president is Asia's first leader to visit Kyiv and Moscow since war began

30 June 2022
Rescuers work at the site of a Ukrainian mall in the Poltava region on June 28 after the shopping center was hit by a Russian missile strike.
Ukraine war

U.S. accuses 5 firms in China of supporting Russia's military

Washington also adds companies from Singapore, Vietnam to trade blacklist

29 June 2022
The Loire River near the Anjou-Bretagne bridge in Ancenis-Saint-Gereon, France, was no more than a dry riverbed on June 13: No one is immune.
Opinion

U.N. Secretary-General: We need a renewables revolution

Rescuing our burning planet depends on accelerating our transition

28 June 2022
A containership docked at the Indian city of Kochi: India opted out of the Regional Comprehensive Economic Partnership free trade grouping but is looking for alternatives.
Trade

India, EU resume free trade talks after near-decade freeze

Two sides hope to overcome sticking points as they aim to reduce China reliance

27 June 2022
Following an export ban on their harvests, palm oil farmers in Indonesia are now threatened by a lack of fertilizer.
Economy

Indonesian palm oil farmers see a bleak future

Russia was large source of fertilizer; now prices are skyrocketing

25 June 2022
Vietnam is the world's second-largest clothing exporter after China.
Trade

Vietnam textile and apparel exports hit record high in first half

Southeast Asian country's trade pacts contribute to 23% on-year increase

24 June 2022
Xi Jinping during the welcome banquet of the Belt and Road Forum in Beijing in April 2019: China has few good options to climb out of the hole it has dug for itself.
Opinion

China can turn debt trap of its own making into historic opportunity

Beijing should cut its losses and focus on salvaging its reputation

24 June 2022
"We need to be keeping our eye on the ball on this bigger picture," U.S. Trade Representative Katherine Tai said in testimony before a U.S. Senate Appropriations subcommittee.
US-China tensions

USTR Tai calls U.S. tariffs on Chinese goods 'significant' leverage

Representative says removing them would likely have a limited effect on inflation

23 June 2022
Russian soldiers guard fields of wheat in the southeast Ukrainian region of Zaporizhzhia on June 14: The current economic crisis is not mainly linked to an excess of demand but to insufficiency of supply.
Opinion

Inflation functions as a tax on the weakest

Serious shortages are taking hold of the essential elements of life

22 June 2022
A Chinese vessel sits near oil tanks at a refinery in Dalian, China.
Energy

China's oil imports led by Russia for first time since Ukraine war

Shipments grew 55% in May as Western sanctions depressed demand

22 June 2022
Companies including Nike and H&M have faced questions over the use of cotton from Xinjiang in their products. 
US-China tensions

Companies brace for chaos as Xinjiang import ban starts in U.S.

Shipments from Chinese region barred under rules taking effect Tuesday

20 June 2022
President Joe Biden, seen here visiting Los Angeles in June, is considering removing some of the tariffs imposed on Chinese goods by his predecessor in 2018 and 2019. 
Trade

U.S. reviews China tariffs, possible gas tax pause to curb inflation

Some Trump-era levies serve 'no strategic purpose,' Yellen says

20 June 2022
Fed Governor Christopher Waller, far left, supports another 75 basis points interest rate rise in July.
Inflation

Fed governor calls for another 75 basis points hike in July

U.S. central banker Christopher Waller backs 'all in' approach to inflation fight

19 June 2022
A woman walks past an electronic board showing Nikkei Sock Average in Tokyo on June 17: The benchmark index was down nearly 2.7% at one point. (Photo by Yo Inoue)
Markets

Tokyo shares slide ahead of Bank of Japan's policy decision

Monetary tightening by central banks in Europe triggers recession concerns

17 June 2022
Federal Reserve Chair Jerome Powell speaks to reporters after the U.S. central bank raised its benchmark interest rate by three-quarters of a percentage point on June 15.
Inflation

Fed lifts rates by 75 basis points in move against inflation

Powell indicates more hikes likely to follow, warns of unexpected supply shocks

16 June 2022
Reviving Thailand's tourism industry will involve reduced dependence on the China market, more arrivals from new markets, and maintaining attention on domestic travelers.
Travel & Leisure

Thai hotels court Indian and local tourists to fill China void

Europeans top returnees but cannot match Arab and Chinese spending

15 June 2022
A man appears to check the cost of cooking oil in a supermarket in Tehran. Surging food prices and other economic challenges are ramping up pressure on Iran's leaders to get nuclear talks with the West back on track. (West Asia News Agency via Reuters) 
Economy

Iran's hopes for economic recovery dashed by IAEA condemnation

In bid to save nuclear deal, spokesperson says all recent actions are 'reversible'

14 June 2022
An electronic board displays Japan's Nikkei index outside a brokerage in Tokyo on June 14. (Photo by Yo Inoue)
Markets

Asian markets slide as investors fear U.S. interest rate hike

Soaring inflation forces benchmark indexes across the region to retreat

14 June 2022