Skip to content
World Today News
  • Home
  • News
  • World
  • Sport
  • Entertainment
  • Business
  • Health
  • Technology
World Today News
  • Home
  • News
  • World
  • Sport
  • Entertainment
  • Business
  • Health
  • Technology
Tuesday, December 9, 2025
World Today News
World Today News
  • Home
  • News
  • World
  • Sport
  • Entertainment
  • Business
  • Health
  • Technology
Copyright 2021 - All Right Reserved
Home » ČN » Page 8
Tag:

ČN

Business

Title: Japan’s Economic Shift: A New Approach Beyond Abenomics

by Priya Shah – Business Editor October 26, 2025
written by Priya Shah – Business Editor

TOKYO,May 16 – Osamu Takashima,a veteran financial analyst currently with Citigroup Securities,is observing a distinct shift in Japanese economic ​policy under Prime Minister Fumio Kishida,diverging from teh strategies of his predecessor,Shinzo Abe. takashima,⁢ who joined Mitsubishi Bank (now Mitsubishi UFJ Bank) ⁤in 1992 and⁢ served ⁢as chief analyst there⁤ from 2004 before ​moving ⁢to Citibank Japan in‌ 2010, identifies​ this ‌new ⁤approach as⁤ “Sanaenomics,” a departure⁣ from “Abenomics 2.0.”

Takashima’s analysis, shared ⁤with Reuters, highlights a potential ⁣recalibration of Japan’s economic ‍priorities. This shift impacts investors, businesses, and ⁣consumers ‌navigating ⁤a period of global economic uncertainty ‌and rising inflation, with implications for Japan’s long-term growth trajectory and its role in the international financial landscape. The divergence centers on a more cautious approach to fiscal stimulus and ‍a greater emphasis on lasting growth, contrasting with the aggressive monetary easing and ⁢large-scale fiscal spending that characterized Abenomics.

Takashima cautions ⁣that content⁣ shared is for personal use only and does⁣ not constitute investment advice. He emphasizes⁣ that views expressed are his own and not those of Reuters, ‌adhering to Thomson Reuters “Principles of Trust.”

October 26, 2025 0 comments
0 FacebookTwitterPinterestEmail
World

Trump seeks trade deal with Xi during Asia trip

by Lucas Fernandez – World Editor October 24, 2025
written by Lucas Fernandez – World Editor

WASHINGTON, Nov 15 – Former⁤ President Donald Trump has indicated he would pursue a trade agreement with Chinese President Xi Jinping ⁣if ‌re-elected, a‍ potential shift from the aggressive tariffs and trade war that defined his ​first term. The outreach,‌ revealed during ‍a Bloomberg ‍interview, signals a willingness to re-engage with China on economic terms despite ongoing tensions over ⁣issues like⁢ Taiwan and ⁤intellectual property.

This renewed‍ interest in ​a trade deal comes as the U.S. economy faces​ ongoing inflation ⁣and supply chain vulnerabilities, and as ‍ChinaS economic influence continues to grow globally. A ‍potential agreement could impact American businesses, consumers,⁢ and the broader geopolitical ​landscape, perhaps easing trade ⁣friction but also raising concerns about fair trade practices ⁢and ⁢national security. The move suggests Trump believes a negotiated agreement is now more advantageous than continued escalation, ​a strategy he previously championed.

Trump told Bloomberg he’s already begun thinking⁢ about potential negotiations‌ with Xi, ⁣stating, “I know him vrey well. ⁢He’s a ⁢very good man.” He added that he believes a deal could be reached “very quickly” and would be “very ⁢good for both countries.” During ⁤his presidency,Trump imposed billions ‌of dollars⁤ in tariffs on Chinese goods,prompting retaliatory measures‍ from Beijing and disrupting ​global trade flows.

The former president ‌did not detail specific terms he would seek in a new agreement, but indicated a focus on addressing the trade imbalance between the two countries. The U.S. trade deficit with China totaled $279.4 ‌billion in 2023, according to the U.S. Census Bureau.Trump’s previous administration sought concessions on issues such as‍ intellectual property theft, forced technology transfer, and​ market access for U.S.companies.

Experts suggest a renewed‍ trade push could face meaningful hurdles, including domestic political opposition and skepticism from allies concerned about China’s economic practices. Though, the possibility of a deal underscores the complex and evolving relationship between the world’s two largest economies. ⁤​ Further details ​on Trump’s proposed approach are expected as the‌ 2024 election cycle progresses.

October 24, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

Trump pardons convicted Binance founder ‘CZ’ Zhao 

by David Harrison – Chief Editor October 24, 2025
written by David Harrison – Chief Editor

WASHINGTON, ‌January 9 -⁤ Former ‌president‌ Donald Trump granted⁤ a pardon to Changpeng Zhao, known as ⁣”CZ,”⁢ the founder ‌of the cryptocurrency exchange Binance, the justice Department confirmed Tuesday. the pardon comes as ‌Zhao prepares to ⁣be sentenced for violating U.S.⁢ anti-money laundering ⁢laws.

Zhao pleaded guilty in November 2023 to failing to maintain an effective anti-money laundering program‌ at Binance, the world’s largest cryptocurrency exchange. He stepped down as CEO as part of a⁣ $4.3 billion settlement with the Justice Department, resolving allegations that Binance facilitated‌ illicit ⁤transactions and violated sanctions. the pardon avoids a ⁢potential prison sentence for Zhao, who faces a maximum of 10 years.

The Justice ⁢Department stated the pardon was granted despite ‍its opposition, citing Zhao’s acceptance⁢ of responsibility ⁤and cooperation with ⁣investigators. the move underscores⁣ the ⁤ongoing debate surrounding‌ cryptocurrency regulation and enforcement,​ especially concerning the prevention of financial crimes. ⁤Binance,​ while not pardoned, remains under scrutiny and is required to implement comprehensive compliance measures.

Reporting on the story ⁤includes White ⁣House ⁤correspondent⁤ Gram Slattery, focusing on national security, intelligence, and foreign affairs, and Chris Prentice, who reports on financial crimes, ‍with a focus on securities enforcement matters.

October 24, 2025 0 comments
0 FacebookTwitterPinterestEmail
World

Asian markets retreat on potential new US trade curb against China

by Lucas Fernandez – World Editor October 23, 2025
written by Lucas Fernandez – World Editor

Asian markets broadly declined on Friday ​following reports ⁢the Biden administration​ is considering new restrictions ‍on Chinese technology firms, potentially escalating trade⁢ tensions between the world’s⁣ two largest economies. The move, aimed at⁣ preventing China from ⁣acquiring advanced⁤ semiconductors and chipmaking tools, sent ripples through regional stock exchanges ‌and ‌stoked concerns about global economic growth.

The potential curbs build on ‌existing restrictions and could substantially ⁣impact China’s technological ⁣advancement, affecting industries from artificial intelligence to electric vehicles. Investors are bracing for further retaliatory measures from Beijing,⁤ raising the specter​ of a ⁣renewed trade war that⁤ could disrupt supply chains, ⁢increase costs for businesses, and dampen consumer spending worldwide.⁢ The developments come as economic data from both the U.S. and china present a mixed picture, adding to market‍ uncertainty.

Japan’s ​Nikkei 225 closed down 0.54%, while South‌ Korea’s Kospi fell 1.44%. hong Kong’s Hang​ Seng Index ⁢shed 1.94% and the Shanghai Composite lost⁢ 0.76%. Taiwan’s benchmark index dropped 1.24%.The declines followed a negative session on wall Street,⁤ where the Nasdaq Composite fell 1.73% and the S&P 500 declined 0.85%⁢ on Thursday.

According to a report by the Wall Street Journal, the ​U.S. Commerce ⁢Department is preparing to ⁣unveil ⁢new rules that would close loopholes allowing⁣ companies like Huawei Technologies to ⁤access‌ restricted⁢ technologies through third parties.The proposed restrictions would require companies selling advanced chips to‍ China ​to obtain licenses, effectively tightening the existing export controls.

“This is a clear escalation ‍in the tech war,”⁤ said Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis. “The U.S. is signaling it’s willing to take more aggressive ‌steps to slow China’s ⁤technological progress, even if it means disrupting ⁢global trade.”

the potential impact extends beyond ⁤technology companies. Analysts warn ‍that restrictions on semiconductors could⁣ hinder China’s ⁣manufacturing sector, impacting global supply chains already strained by geopolitical tensions‌ and the ⁤lingering effects of the COVID-19 pandemic. The‌ U.S.government ‍views⁤ limiting ​China’s access‌ to advanced⁤ technology as crucial for ​national security, fearing it could be‍ used to enhance its military capabilities.

October 23, 2025 0 comments
0 FacebookTwitterPinterestEmail
World

Japan’s new PM faces $550 bln US funding conundrum

by Lucas Fernandez – World Editor October 22, 2025
written by Lucas Fernandez – World Editor

Japan‘s New Prime Minister Confronts $550‌ Billion Funding Challenge

TOKYO​ – Newly appointed Japanese Prime Minister Kishida⁢ Fumio faces an immediate and substantial ⁣fiscal⁤ hurdle: navigating⁤ a $550 billion funding gap stemming ⁢from‌ the country’s commitment ‌too the U.S.-led Global Infrastructure and Investment Partnership (GIP), alongside existing domestic economic pressures. The commitment, revealed in late 2023,⁤ represents a⁤ meaningful portion of the GIP’s overall $600 billion pledge ⁢and is intended ‍to ⁤counter‌ China’s Belt and Road ⁤Initiative. ​

The scale of the funding presents a ​complex challenge ⁤for Kishida, who ⁤assumed office in September ⁢2023,⁣ inheriting⁣ an economy grappling with decades of deflation, an aging population, and mounting debt. Japan’s contribution to the GIP, intended to be deployed over five years, will ⁢require careful‌ budgetary maneuvering and perhaps necessitate ⁣challenging⁤ choices regarding domestic ⁣spending priorities.⁢ The funds are earmarked for projects across developing‌ nations,‌ focusing on areas like energy,​ infrastructure, and ⁢digital technology.

Japan’s ​pledge to the GIP is part of a broader strategy to strengthen its alliance with the United States and promote a “free and open Indo-Pacific.” However, the financial commitment comes at a time when Japan’s own⁣ fiscal situation is strained. The nation already holds⁤ the highest debt-to-GDP ratio among developed ‍countries, exceeding 260%.

Analysts suggest several potential funding sources,including reallocating existing foreign aid budgets,issuing new government bonds,and encouraging private sector investment. However, each option carries risks. Increased borrowing could further ​inflate Japan’s debt, while diverting⁤ funds ⁤from⁢ existing aid programs ⁢could⁣ strain relationships with‍ other recipient countries. Encouraging ⁤private investment may prove difficult given the‌ inherent risks⁢ associated with projects in developing⁣ economies.

“The Kishida management needs to demonstrate fiscal discipline while simultaneously⁤ fulfilling ⁤its international‍ commitments,” said Hudson Lockett, ‌Asia Columnist ⁤for Reuters Breakingviews. “Balancing these competing‍ priorities ​will be a defining‌ challenge of his premiership.”

The GIP,⁣ launched ‌in June ⁢2022, aims to⁤ mobilize $600 billion in infrastructure investments⁢ by ⁢2027, with contributions from the U.S., japan, the european Union, and ‍other partners. The initiative is widely ⁢viewed as a ​direct response to China’s Belt and ​Road Initiative, which has‍ funded‍ infrastructure ‍projects across⁤ Asia, Africa, and Latin America. ⁤While the GIP emphasizes sustainability and transparency, ⁣its‍ success hinges on the ability ⁢of participating nations to deliver on their ‍financial pledges.

October 22, 2025 0 comments
0 FacebookTwitterPinterestEmail
World

US-Australia rare earths deal is a start but won’t shake China dominance any time soon

by Lucas Fernandez – World Editor October 21, 2025
written by Lucas Fernandez – World Editor

WASHINGTON, Oct 18 (Reuters) – The United States⁣ and Australia have forged a​ deal to accelerate‍ the development of rare earths refining⁣ capacity, a move aimed at diversifying supply chains and lessening China’s dominance in the critical⁤ minerals sector, though ⁤experts⁣ caution it will take years to significantly alter the global landscape.

The agreement,announced ⁣Wednesday,will see the U.S. Department of Defense ‍provide up to $6.7 million in funding to‌ Lynas⁤ Rare Earths, an Australian company, to build a heavy rare earth separation facility in texas. This facility will process material from Lynas’ mine in Western ⁢Australia,aiming⁣ to produce separated ⁤rare⁤ earth products vital for electric vehicles,defense technologies,and ⁤other key industries. ‌Currently, China processes‍ the vast majority of the world’s rare earth elements, ⁣controlling a‌ crucial link in the supply chain.

While⁤ the U.S.-Australia partnership represents a significant​ step towards building a more resilient ⁣supply chain, analysts say it’s unlikely ⁤to challenge⁣ China’s⁢ dominance in the short to medium term. ‌China’s established infrastructure, ‌lower costs, and extensive refining capabilities mean ‍it will remain the primary global supplier for the foreseeable future. The new facility is projected to produce enough separated⁤ rare earths​ to support 10% of the annual demand for permanent magnets in electric vehicles by 2027, according to a U.S. official.

“This is a welcome development, but ‌it’s ⁢a marathon, not a sprint,” said Jon Hyner, director of the Atlantic Council’s GeoTech Center. “Building a fully independent, competitive rare earth supply chain outside of China will require sustained⁢ investment, strategic partnerships, and a long-term commitment.”

The deal builds ⁤on previous ⁣U.S. efforts to‌ bolster domestic rare earth production, including funding for MP Materials’ Mountain Pass mine in California. Though, even with increased domestic⁣ production, the U.S. ⁢still relies heavily on China for processing. Lynas’⁣ Texas facility aims to address this processing bottleneck, ⁢but ‌scaling up production and navigating regulatory hurdles will be key challenges.

The ⁤U.S. government ​views securing access ‌to rare ‍earths as a national security priority, citing ‌concerns about potential⁤ supply disruptions and China’s⁣ potential to weaponize ​its dominance in the sector. The agreement with Australia is part of a broader strategy to diversify critical‌ mineral supply chains and ‌reduce reliance on a single⁤ country.

October 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts

Search:

Recent Posts

  • Kremlin Praises Trump’s National Security Strategy, Ukraine Peace Talks Stall

    December 7, 2025
  • Yipirinya School Crisis: Principal Guilty, Staff Redundancies Loom

    December 7, 2025
  • Human-AI Collaboration: Optimizing Workflows for Enterprise Success

    December 7, 2025
  • Shakib Al Hasan: Full Series Desire for Bangladesh Farewell

    December 7, 2025
  • Medicare Open Enrollment Deadline: Risks & Benefits of Advantage Plans

    December 7, 2025

Follow Me

Follow Me
  • Privacy Policy
  • About Us
  • Accessibility statement
  • California Privacy Notice (CCPA/CPRA)
  • Contact
  • Cookie Policy
  • Disclaimer
  • DMCA Policy
  • Do not sell my info
  • EDITORIAL TEAM
  • Terms & Conditions

@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com


Back To Top
World Today News
  • Home
  • News
  • World
  • Sport
  • Entertainment
  • Business
  • Health
  • Technology
World Today News
  • Home
  • News
  • World
  • Sport
  • Entertainment
  • Business
  • Health
  • Technology
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com