Prime minister’s Liberal Democratic party to be pressed on promised tax cuts and fiscal stimulus plansBusiness live – latest updatesJapan’s stock market has hit a record high after Sanae Takaichi’s Liberal Democratic party (LDP) secured a comprehensive…
Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on islandChina has suspended imports of Japanese seafood again, as the fallout over the Japanese prime minister’s comments about Taiwan continues to esc…
Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on islandChina has suspended imports of Japanese seafood again, as the fallout over the Japanese prime minister’s comments about Taiwan continues to esc…
Uncertainty surrounds the signing of this week’s trade deals amid the failure to secure reciprocity from the US to cut tariffsOn Donald Trump’s whirlwind tour of Asia – which involved stops in Malaysia, Japan and Korea – the US president triumphantly c…
US president says Japanese imports will face 15% levy instead of threatened 25%, prompting reports of a similar deal with the EUBusiness live – latest updatesFinancial markets around the world have rallied after Donald Trump announced a trade deal wit…
G7 finance ministers and central bank governors pledge to address ‘economic imbalances’, without naming ChinaTop finance officials from the world’s seven wealthiest democracies have set aside stark differences on US tariffs and agreed to counter global…
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’Sony has increased the price of its PlayStation 5 by 25% as the video game industry reels from the impact of Donald Trump’…
As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunitiesBusiness live – latest updatesOn the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was …
US stock market closes with stocks down after volatile trading day as investor hopes for concessions and delays on tariffs waxed then wanedHow ‘liberation day’ rout compares with other notorious stock market crisesWall Street traders on Trump tariffs: …
Canadian PM says Donald Trump has permanently altered relations, as countries around the globe insist import taxes are harmful to all, including WashingtonCanada’s prime minister has said the era of deep ties with the US “is over”, as governments from …
Japan’s complex defence alliances built up over years as protection against China could be put at risk in a Trump-launched trade warArguably, no country in Asia has better reason to be in a state of anxiety over the return of Donald Trump to the White …
Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countriesBusiness live – latest updatesThe global economy is “turning a corner”, according to the Organisation for Economic Cooperation and Develo…
High interest rates, a slowdown in China and a possible Trump victory could make for a rocky yearThe global economy was full of surprises in 2023. Despite the sharp rise in interest rates, the US successfully avoided a recession, and major emerging mar…
Rate tops level last seen after Liz Truss mini-budget as fears of global inflation and US political instability spook marketsBusiness live – latest updatesWhat are bond yields and why are they at a 25-year high?Britain’s long-term cost of borrowing has…
Japan hopes the fair in 2025 will reconnect it with the global community after Covid but calls are growing to delay or scrap the eventIn the distance, beyond the clouds of sand kicked up by a coastal wind and passing lorries, the centrepiece of Osaka’s…
Fed’s performance over next six months is key but challenges may be bigger than many analysts expectThe global economy this year is full of puzzling surprises. Japan’s GDP growth is currently surpassing that of China, and July retail sales in the US we…
Leaders expected to form council that will discuss response if states such as Russia and China boycott trade for political reasonsThe UK and other G7 countries are planning collective action against Russia and China if they threaten trade boycotts for …
Foreign secretary says ‘free and open Indo-Pacific’ is ‘critical to UK’ and releases manga-style cartoons to mark his visitJames Cleverly has arrived in Japan for a G7 foreign ministers’ summit to promote a “free and open” Indo-Pacific, as the UK gover…
With inflation on the rise and the era of ultra-low interest rates over, there could well be a systemic crisisThe fact that the world did not experience a systemic financial crisis in 2022 is a minor miracle, given the rise in inflation and interest ra…