TOKYO – No one complains about holding a winning lottery ticket. By that logic, South Korea has nothing to apologize for — it’s landed, almost […]
Author: William Pesek
Surging dollar battering Asia’s most fragile currencies
TOKYO — Kevin Warsh’s arrival at Federal Reserve headquarters isn’t playing out the way Asia hoped. Since taking the baton from Jerome Powell on May […]
Why Xi is walling in China’s money – and why it won’t work
TOKYO – China’s latest fix for its ailing economy: build a better birdcage. The metaphor runs deep in Chinese culture, where enclosures for pet birds […]
Bank of Japan rate hike greeted with a market shrug
TOKYO – Only in Japan can a central bank on its fifth rate hike in two years still be accused of pulling its punches. Yet […]
Is China really deflating deflation? It’s harder than Beijing thinks
TOKYO – China’s “deflation-is-over” narrative is getting louder, but the foundations are still shaky. Consumer prices rose 1.2% year-on-year in May, while producer prices jumped […]
Bad timing for Indonesia to be living dangerously again
Bank Indonesia’s off‑cycle rate hike on June 9 underscored just how alarmed policymakers are about the trajectory of Southeast Asia’s largest economy. It also serves […]
Trump’s tariffs are back – and the timing couldn’t be worse for Asia
TOKYO — Like a horror film villain everyone thought was dead, Donald Trump’s tariffs are suddenly back — and the timing couldn’t be more unsettling […]
Bank of Japan squeezed by Takaichi, Trump and Iran war inflation
Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this year’s oil‑driven inflation surge from hardening into […]