Category: Commentary

Japan hit hard by trade woes

ews that the Q3downturn was twice as bad as early data suggested augers poorly for Japan’seconomic year in 2019 By WILLIAM PESEK DECEMBER 11, 2018 Tokyo’s spin doctors are suddenly stumped. When initial indications were that Japan’s economy contracted 1.2% in the third quarter, the talking points were that earthquakes and storms hit growth. Don’t worry, they

Chips in the fryer

NIKKEI ASIAN REVIEW Trade war and Moore’s law combine to raise the heat for manufacturers William Pesek Good news for Toyota Motor may be a bad omen for the global economy in 2019. Taiwan Semiconductor Manufacturing Co. told its executives around the globe in early Dec. to do without the luxury Mercedes-Benz sedans that long transported them to

How Trump will ruin Abe’s 2019

NIKKEI ASIAN REVIEW Needing quick trade war wins, US president will take his fight to Tokyo William Pesek Two years ago, Shinzo Abe placed an audacious bet on behalf of Japan: befriending Donald Trump. That wager at Trump Tower in November 2016 has since grown ever-riskier. No other world leader stepped forward to join Abe.