Headlines

Is China sleepwalking down Japan’s zombie economy path?

The photo above is not from China; it’s from Japan. In the 1970s, Daiei was Japan’s top retailer. But after Japan’s asset bubble burst around 1990, it became Japan’s most famous “zombie” company — staggering along unprofitably, kept afloat by a constant stream of

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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 here is the Group of Seven’s most predictable monetary institution as 2026 unfolds. That context explains Tuesday’s market reaction. The BOJ’s 25

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China’s new naval supergun trained on Taiwan’s shielded shores

China’s new naval gun promises unprecedented range and firepower, yet its effectiveness in a Taiwan invasion scenario may ultimately hinge on overcoming the island’s formidable anti-access defenses. This month, the South China Morning Post (SCMP) reported that China’s military

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Myanmar’s revolution just grew up

In every revolution, there is a moment when a movement stops being a protest and becomes a project. For the American colonies, that moment came not in 1776 but in 1787, when 13 quarrelsome states finally bound themselves to a common instrument of rule. Myanmar’s Spring

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US-Iran agreement is more pause than peace

The announcement of a new agreement between the United States and Iran has been greeted with relief across global markets. Oil prices have eased, shipping insurers have relaxed and politicians have rushed to hail a diplomatic breakthrough. The memorandum of understanding, which

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