New urban centers rise from pandemic’s ashes

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In: Asia

The Covid-19 pandemic radically changed our relationship with cities. This shouldn’t be news to anyone but the changes will have long-lasting effects on the global economy and, perhaps more important, the production of culture. In the West, cities are critical hubs of commerce and intellectual activity. From office space to corner restaurants, cities require a […]Continue Reading

Will they or won’t they? Japan uses guessing game to shore up yen

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TOKYO: Japanese authorities are relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention rather than overt attempts to arrest the currency’s decline to multi-decade lows. The battered yen has whipsawed in recent weeks, which analysts and traders attribute to governmentContinue Reading

Silent Forests: Post-pandemic wildlife consumption threatens human and forest health

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In: South-East Asia

While hunting is a historic practice in Southeast Asia, rising commercial pressure and cheaper poaching methods are emptying forests faster than they can replenish, hurting human and forest health

The post Silent Forests: Post-pandemic wildlife consumption threatens human and forest health appeared first on Southeast Asia Globe.

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A turning point in German-Gulf ties?

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As Russia’s invasion of Ukraine complicates European energy security, many countries are being forced to scramble for new sources of oil and gas. For Germany, which imported 34% of its oil and 55% of its gas from Russia before the war, diversification has become existential. Topping the list of potential suppliers are nations of the Arab Gulf […]Continue Reading

China supply chain cut would cost Japan 10% of GDP

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In: Asia, Business

TOKYO – On October 18, the top article on the front page of Japan’s leading business daily screamed that cutting off imports from China would cost Japan 53 trillion yen (US$353 billion) in lost production, or about 10% of annual gross domestic product (GDP). Meanwhile, the yen has depreciated by 31% against the US dollar […]Continue Reading

UK’s Truss canned amid economic and political chaos

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The UK government is in tatters after Prime Minister Liz Truss resigned – the second leader to be forced out in mere months. It follows an economic mess largely of her own making that resulted in U-turns, a high-profile firing, curious absences and plummeting support. The resignation means that Truss will go down as the […]Continue Reading

In the red tech firms welcome to list in HK

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The Hong Kong Exchanges and Clearing flag, China's national flag and the Hong Kong flag outside the exchange. Photo: Reuters/Bobby Yip

It’s never been a better time to be in the red in Hong Kong. The financial hub plans to ease its listing rules to allow more firms that have never turned a profit to go public as part of a plan to attract at least 100 innovative tech firms to list on the local bourse […]Continue Reading

Sanctions on Russia boosting, not reducing, its revenue

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The European Union has just approved new sanctions against Russia, including a price cap on oil sales, following the United States’ September 30 announcement of new economic sanctions. Both announcements are in response to Russia’s annexation of four regions of Ukraine. The goal of sanctions against Russia is to cripple Russia’s capacity to wage war […]Continue Reading