A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is disrupting manufacturing and retail goods in Japan and South Korea.
Category: Japan
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The War-Driven Supply Shock Already Roiling Manufacturing in Asia
The New York Times – Business: -
Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain
The New York Times – Business:Soaring oil prices and a surging dollar are testing Asia’s foreign-exchange reserves, which were built up after the 1997 crisis.
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Is the Bond Market Signaling Danger? Or Opportunity?
The New York Times – Business:Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
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It’s Not Just U.S. Stocks. A.I. and Oil Are Moving Global Markets, Too.
The New York Times – Business:Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.
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Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business:Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business:Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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How China Could Wield Its Control of Rare Earths Against Trump
The New York Times – Business:A central question hanging over the summit this week is whether China will agree to extend a temporary postponement of even tougher rare-earth export controls.
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The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
The New York Times – Business:The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products.
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Not Even Japanese Bathhouses Are Immune From Shocks of Iran War
The New York Times – Business:High fuel costs are imperiling the Japanese sento, a long-declining industry that remains a vital social lifeline for the country’s isolated elderly.
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Japan Pledges $10 Billion to Help Countries Cope With Oil Prices
The New York Times – Business:With supply chains at risk, the aid to Southeast Asian nations is aimed at securing the availability of oil-based products, including medical equipment.
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A New Oil Shock Accelerates Return to Nuclear Power
The New York Times – Business:Shocks to natural gas supplies are spurring countries in Asia and elsewhere to rethink their rejection of nuclear energy after the 2011 disaster in Fukushima, Japan.
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Jobs and Workers Are In Balance. Nobody Is Happy About It.
The New York Times – Business:Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.
