William Pesek

TOKYO – No one complains about holding a winning lottery ticket. By that logic, South Korea has nothing to apologize for — it's landed, almost by accident, at the center of the AI windfall now being minted in real time.

Kevin Warsh’s first month as Federal Reserve chair has upended almost every expectation.

Japan has spent four decades trying to forget 1986. The yen just dragged Asia's second‑largest economy back there — and few in Tokyo are thrilled about it.

TOKYO – As the yen staggers back to 1986 levels at around 162 to the dollar, the financial Frankenstein Japan began stitching together that same year is returning to upend the economy in 2026. The timing couldn't be worse: traders are now asking whether 170 or even 200 is next.

TOKYO — Enter German Chancellor Friedrich Merz as the latest to suggest a Plaza Accord 2.0 is needed to knock China's export competitiveness down to size.

TOKYO — South Korea has long been one of the world's best early-warning systems. Its US$1.9 trillion economy is open, large, and sits at the intersection of every major shift in trade, finance and technology. Right now, Seoul, true to form, is flashing red about the risks of betting it all on artificial intelligence.

Most central banks, including the Federal Reserve, still treat artificial intelligence as a research topic. The Bank of Korea treats it as an emergency.

TOKYO — The collapse of the US-Iran ceasefire is hitting Asia hard. Again.

TOKYO — Cue the jokes about "SAFE" — the acronym for the People's Bank of China division entrusted with managing Beijing's reserves. The folks at the

TOKYO — Cue the jokes about “SAFE” — the acronym for the People's Bank of China division entrusted with managing Beijing's reserves.