thejapantimes, 9 months ago to business A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is advancing quickly, raising eyebrows among some defenders of a system long dominated by the dollar. https://www.japantimes.co.jp/business/2023/08/10/markets/with-blockchain-bridge-china-challenges-us-dollar-dominance/?utm_content=buffer78694&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #china #yuan #currencies #dollar #cbdc #forex #globaleconomy #blockchain
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is advancing quickly, raising eyebrows among some defenders of a system long dominated by the dollar. https://www.japantimes.co.jp/business/2023/08/10/markets/with-blockchain-bridge-china-challenges-us-dollar-dominance/?utm_content=buffer78694&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #china #yuan #currencies #dollar #cbdc #forex #globaleconomy #blockchain
thejapantimes, 10 months ago to worldnews As Hong Kong continues security crackdowns, it needs to protect its image as financial center https://www.japantimes.co.jp/commentary/2023/08/09/world/hong-kong-image-security/?utm_content=buffer3a3e5&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #hongkong #asia #globaleconomy #china
As Hong Kong continues security crackdowns, it needs to protect its image as financial center https://www.japantimes.co.jp/commentary/2023/08/09/world/hong-kong-image-security/?utm_content=buffer3a3e5&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #hongkong #asia #globaleconomy #china
thejapantimes, 10 months ago to business China’s consumer and producer prices both declined in July from a year ago, a sign of deflationary pressure as demand in the world’s second-largest economy weakens. https://www.japantimes.co.jp/business/2023/08/09/economy/china-shows-signs-of-deflation-as-consumer-and-factory-prices-fall/?utm_content=buffer3bee9&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #china #globaleconomy #inflation
China’s consumer and producer prices both declined in July from a year ago, a sign of deflationary pressure as demand in the world’s second-largest economy weakens. https://www.japantimes.co.jp/business/2023/08/09/economy/china-shows-signs-of-deflation-as-consumer-and-factory-prices-fall/?utm_content=buffer3bee9&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #china #globaleconomy #inflation
thejapantimes, 10 months ago to business China's unexpectedly poor export performance is still largely down to wider economic headwinds. But underlying trends point to an unmistakable long-term drift in commercial ties with the West. https://www.japantimes.co.jp/business/2023/08/09/decoupling-west-china-apart/?utm_content=bufferfef59&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #us #eu #china #germany #globaleconomy
China's unexpectedly poor export performance is still largely down to wider economic headwinds. But underlying trends point to an unmistakable long-term drift in commercial ties with the West. https://www.japantimes.co.jp/business/2023/08/09/decoupling-west-china-apart/?utm_content=bufferfef59&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #us #eu #china #germany #globaleconomy
thejapantimes, 10 months ago to business From currencies and natural resources to political alliances, the Global South sees a chance to chart its own future. https://www.japantimes.co.jp/business/2023/08/08/economy/global-south-breaks-from-us/?utm_content=buffer53ebe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #us #globaleconomy #india #thailand #brazil #indonesia #southafrica #china
From currencies and natural resources to political alliances, the Global South sees a chance to chart its own future. https://www.japantimes.co.jp/business/2023/08/08/economy/global-south-breaks-from-us/?utm_content=buffer53ebe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #us #globaleconomy #india #thailand #brazil #indonesia #southafrica #china
thejapantimes, 10 months ago to business Backers of AI predict a productivity leap that will generate wealth and improve living standards, but past technological advances show those benefits might be enjoyed by the few rather than the many. https://www.japantimes.co.jp/business/2023/08/08/tech/ai-blessing-curse-history-lessons/?utm_content=bufferf9504&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #tech #ai #jobs #education #globaleconomy
Backers of AI predict a productivity leap that will generate wealth and improve living standards, but past technological advances show those benefits might be enjoyed by the few rather than the many. https://www.japantimes.co.jp/business/2023/08/08/tech/ai-blessing-curse-history-lessons/?utm_content=bufferf9504&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #tech #ai #jobs #education #globaleconomy
thejapantimes, 10 months ago to business The pristine universe of triple-A rated countries got a whole lot smaller this week after the U.S. was stripped of its top-tier rating. https://www.japantimes.co.jp/business/2023/08/04/aaa-universe-smaller/?utm_content=buffer0154b&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #globaleconomy #bonds #us
The pristine universe of triple-A rated countries got a whole lot smaller this week after the U.S. was stripped of its top-tier rating. https://www.japantimes.co.jp/business/2023/08/04/aaa-universe-smaller/?utm_content=buffer0154b&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #globaleconomy #bonds #us
thejapantimes, 10 months ago to worldnews In the 1980s, the belief among observers was that an authoritarian Chinese regime would mismanage its economy while a democratic India would thrive. https://www.japantimes.co.jp/commentary/2023/08/01/world/china-india-economies/?utm_content=buffer19af8&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #india #china #globaleconomy #indianeconomy #chineseeconomy
In the 1980s, the belief among observers was that an authoritarian Chinese regime would mismanage its economy while a democratic India would thrive. https://www.japantimes.co.jp/commentary/2023/08/01/world/china-india-economies/?utm_content=buffer19af8&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #india #china #globaleconomy #indianeconomy #chineseeconomy
thejapantimes, 10 months ago to business China's manufacturing activity fell for a fourth straight month in July while the services and construction sectors teetered on the brink of contraction, threatening growth prospects for the third quarter. https://www.japantimes.co.jp/business/2023/07/31/economy/china-manufacturing-fall-fourth-month/?utm_content=bufferc8a93&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #china #globaleconomy #jobs
China's manufacturing activity fell for a fourth straight month in July while the services and construction sectors teetered on the brink of contraction, threatening growth prospects for the third quarter. https://www.japantimes.co.jp/business/2023/07/31/economy/china-manufacturing-fall-fourth-month/?utm_content=bufferc8a93&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #china #globaleconomy #jobs
thejapantimes, 10 months ago to business Oil inventories are beginning to fall in some regions as demand outpaces supply, providing support for prices that are expected to rise in coming months. https://www.japantimes.co.jp/business/2023/07/31/oil-inventory-drop-price-rise/?utm_content=bufferb0130&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #oil #globaleconomy
Oil inventories are beginning to fall in some regions as demand outpaces supply, providing support for prices that are expected to rise in coming months. https://www.japantimes.co.jp/business/2023/07/31/oil-inventory-drop-price-rise/?utm_content=bufferb0130&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #oil #globaleconomy
thejapantimes, 10 months ago to worldnews Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom. https://www.japantimes.co.jp/commentary/2023/07/28/world/covid-travel-boom/?utm_content=buffer79c66&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #covid19 #health #medicine #travel #globaleconomy
Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom. https://www.japantimes.co.jp/commentary/2023/07/28/world/covid-travel-boom/?utm_content=buffer79c66&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #covid19 #health #medicine #travel #globaleconomy
thejapantimes, 10 months ago to worldnews Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom. https://www.japantimes.co.jp/commentary/2023/07/27/world/covid-travel-boom/?utm_content=buffer99dd1&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #covid19 #health #medicine #travel #globaleconomy
Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom. https://www.japantimes.co.jp/commentary/2023/07/27/world/covid-travel-boom/?utm_content=buffer99dd1&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #commentary #worldnews #covid19 #health #medicine #travel #globaleconomy
thejapantimes, 10 months ago to business Emerging-market bond bulls are betting the imminent end of central bank interest-rate hikes will help power up the asset class. El Nino may have something to say about that. https://www.japantimes.co.jp/news/2023/07/24/business/economy-business/el-nino-threat-underpriced/?utm_content=buffer375ee&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #climatechange #elnino #globaleconomy
Emerging-market bond bulls are betting the imminent end of central bank interest-rate hikes will help power up the asset class. El Nino may have something to say about that. https://www.japantimes.co.jp/news/2023/07/24/business/economy-business/el-nino-threat-underpriced/?utm_content=buffer375ee&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #markets #climatechange #elnino #globaleconomy
thejapantimes, 10 months ago to news Emerging-market bond bulls are betting the imminent end of central bank interest-rate hikes will help power up the asset class. El Nino may have something to say about that. https://www.japantimes.co.jp/news/2023/07/24/business/economy-business/el-nino-threat-underpriced/?utm_content=bufferbdc59&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #economy #globaleconomy #climatechange #elnino
Emerging-market bond bulls are betting the imminent end of central bank interest-rate hikes will help power up the asset class. El Nino may have something to say about that. https://www.japantimes.co.jp/news/2023/07/24/business/economy-business/el-nino-threat-underpriced/?utm_content=bufferbdc59&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #economy #globaleconomy #climatechange #elnino
thejapantimes, 10 months ago to news China's frail growth could weigh on companies such as Apple, big chipmakers and luxury retailers as they report quarterly results in the next few weeks. https://www.japantimes.co.jp/news/2023/07/21/business/economy-business/china-sluggish-economy-looms-world-profits/?utm_content=buffer6955d&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #economy #china #trade #globaleconomy
China's frail growth could weigh on companies such as Apple, big chipmakers and luxury retailers as they report quarterly results in the next few weeks. https://www.japantimes.co.jp/news/2023/07/21/business/economy-business/china-sluggish-economy-looms-world-profits/?utm_content=buffer6955d&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #economy #china #trade #globaleconomy
thejapantimes, 10 months ago to news China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sounding more alarm bells about the recovery. https://www.japantimes.co.jp/news/2023/07/17/business/china-gdp-loses-steam/?utm_content=bufferb53ed&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #china #globaleconomy #investments
China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sounding more alarm bells about the recovery. https://www.japantimes.co.jp/news/2023/07/17/business/china-gdp-loses-steam/?utm_content=bufferb53ed&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #china #globaleconomy #investments
thejapantimes, 10 months ago to showerthoughts [Commentary] China has run into major road blocks as it has attempted to implement its "dual circulation" growth strategy. https://www.japantimes.co.jp/opinion/2023/07/16/commentary/world-commentary/chinese-economy-2/?utm_content=buffer4d5d5&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #china #globaleconomy #chineseeconomy
[Commentary] China has run into major road blocks as it has attempted to implement its "dual circulation" growth strategy. https://www.japantimes.co.jp/opinion/2023/07/16/commentary/world-commentary/chinese-economy-2/?utm_content=buffer4d5d5&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #china #globaleconomy #chineseeconomy
thejapantimes, 10 months ago to news Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. https://www.japantimes.co.jp/news/2023/07/14/business/us-dollar-decline-risk-assets/?utm_content=bufferdc353&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #us #globaleconomy #federalreserve #dollar
Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. https://www.japantimes.co.jp/news/2023/07/14/business/us-dollar-decline-risk-assets/?utm_content=bufferdc353&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #us #globaleconomy #federalreserve #dollar
thejapantimes, 11 months ago to philosophy [Commentary] The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power. https://www.japantimes.co.jp/opinion/2023/07/10/commentary/world-commentary/nuclear-cargo-ships/?utm_content=buffer96000&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #transportation #energy #oil #globaleconomy #climatechange #carbonemissions #nuclearenergy
[Commentary] The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power. https://www.japantimes.co.jp/opinion/2023/07/10/commentary/world-commentary/nuclear-cargo-ships/?utm_content=buffer96000&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #transportation #energy #oil #globaleconomy #climatechange #carbonemissions #nuclearenergy
thejapantimes, 11 months ago to showerthoughts [Commentary] The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced. https://www.japantimes.co.jp/opinion/2023/07/06/commentary/world-commentary/u-s-dollar-dominance-2/?utm_content=bufferb2363&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #trade #usdollar #monetarypolicy #globaleconomy #brics #cryptocurrencies #blockchain
[Commentary] The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced. https://www.japantimes.co.jp/opinion/2023/07/06/commentary/world-commentary/u-s-dollar-dominance-2/?utm_content=bufferb2363&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #trade #usdollar #monetarypolicy #globaleconomy #brics #cryptocurrencies #blockchain
thejapantimes, 11 months ago to showerthoughts [Commentary] There has been a shift from market-driven economic trends to political economy, now the main determinant of economic performance. https://www.japantimes.co.jp/opinion/2023/07/06/commentary/world-commentary/political-economy/?utm_content=bufferd540b&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #globaleconomy #economics #markets #supplychains
[Commentary] There has been a shift from market-driven economic trends to political economy, now the main determinant of economic performance. https://www.japantimes.co.jp/opinion/2023/07/06/commentary/world-commentary/political-economy/?utm_content=bufferd540b&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #globaleconomy #economics #markets #supplychains
thejapantimes, 11 months ago to philosophy [Commentary] The U.S. economic situation is precarious and much will depend on fiscal and monetary policy. Still, many forecasters expect that a minor recession is coming. https://www.japantimes.co.jp/opinion/2023/07/03/commentary/world-commentary/u-s-economy/?utm_content=buffer3fd15&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #us #useconomy #globaleconomy
[Commentary] The U.S. economic situation is precarious and much will depend on fiscal and monetary policy. Still, many forecasters expect that a minor recession is coming. https://www.japantimes.co.jp/opinion/2023/07/03/commentary/world-commentary/u-s-economy/?utm_content=buffer3fd15&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #us #useconomy #globaleconomy
thejapantimes, 11 months ago to showerthoughts [Commentary] Whether generative AI — including large language models like ChatGPT-4 — will be good for workers depends significantly on whether it leads to more innovation in products or processes. https://www.japantimes.co.jp/opinion/2023/06/29/commentary/world-commentary/ai-driven-unemployment/?utm_content=bufferc85c1&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #unemployment #jobs #globaleconomy #technology #ai #chatgpt4
[Commentary] Whether generative AI — including large language models like ChatGPT-4 — will be good for workers depends significantly on whether it leads to more innovation in products or processes. https://www.japantimes.co.jp/opinion/2023/06/29/commentary/world-commentary/ai-driven-unemployment/?utm_content=bufferc85c1&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #unemployment #jobs #globaleconomy #technology #ai #chatgpt4
thejapantimes, 11 months ago to showerthoughts [Commentary] The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth will shape our understanding of a world with AI. https://www.japantimes.co.jp/opinion/2023/06/28/commentary/world-commentary/adam-smith/?utm_content=buffer20fda&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #globaleconomy #economics #adamsmith
[Commentary] The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth will shape our understanding of a world with AI. https://www.japantimes.co.jp/opinion/2023/06/28/commentary/world-commentary/adam-smith/?utm_content=buffer20fda&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #commentary #globaleconomy #economics #adamsmith
thejapantimes, 11 months ago to news UBS is planning to cut more than half of Credit Suisse’s 45,000-strong workforce starting next month as a result of the emergency takeover of Credit Suisse. https://www.japantimes.co.jp/news/2023/06/28/business/ubs-to-halve-credit-suisse-workforce/?utm_content=bufferb2cf7&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #jobs #banks #globaleconomy
UBS is planning to cut more than half of Credit Suisse’s 45,000-strong workforce starting next month as a result of the emergency takeover of Credit Suisse. https://www.japantimes.co.jp/news/2023/06/28/business/ubs-to-halve-credit-suisse-workforce/?utm_content=bufferb2cf7&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #jobs #banks #globaleconomy