William Pesek

On any list of countries anxious to see the war in Iran end, India deserves a place near the very top. Few countries have been knocked off balance as sharply.

TOKYO — The billionaire CEOs who accompanied US President Donald Trump to Beijing last month are probably feeling some whiplash. Some of that

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 for

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

If investors have learned one thing about Indonesia, it’s that when Southeast Asia's largest economy makes global headlines, the news is rarely good.

TOKYO – China's “deflation-is-over” narrative is getting louder, but the foundations are still shaky.

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.

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

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 have

Central bankers are supposed to yank away the punchbowl just as the party gets going. In 1999, the Bank of Japan rewrote that maxim entirely — putting out the biggest punchbowl any major economy had ever seen and leaving it out indefinitely.