Ritsuko Ando
Senior Editor at Bloomberg News
Senior Editor for @business in Tokyo. Former Reuters editor and correspondent in Tokyo, New York and Helsinki. Opinions are my own.
Articles
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2 weeks ago |
bloomberg.com | Ritsuko Ando
Asian stock markets surged, joining Wall Street’s celebration of a 90-day pause in tariffs by President Donald Trump. Japan’s Topix Index jumped 8% while shares in Taiwan, particularly dependent on tech exports to the US, surged over 9%. Treasuries rallied after a tumultuous session. Even in China, excluded from the tariff reprieve and hit with an even bigger hike in duties, stocks rose on expectations for Beijing to implement more stimulus measures.
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4 weeks ago |
bloomberg.com | Ritsuko Ando
There was never a question that CK Hutchison’s sale of its Panama Canal port assets to a BlackRock-led consortium might face backlash from China. The deal helped its owner, Hong Kong billionaire Li Ka-shing, escape the glare of the US President Donald Trump who’d threatened to take over the Panama Canal and falsely claimed that China operates the waterway. Sure enough, Li’s decision to pursue the sale without seeking Beijing’s approval irked China.
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4 weeks ago |
flipboard.com | Ritsuko Ando
2 hours agoExperts warned USAID's gutting would give China room to replace the US. Now, it's happening. • China is filling gaps left by the USAID shutdown in developing countries. • The US pulled billions of dollars out of developing countries, in programs ranging from health to education. • China's development aid efforts will likely focus on regions and sectors that align with its interests. The shutdown of …2 hours agoU.S. tech companies dominate as the most valuable brands in the world.
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1 month ago |
bloomberg.com | Ritsuko Ando
A surge in German borrowing costs prompted a selloff in fixed income markets across Asia, with Japan’s 10-year yield rising to 1.5% for the first time since June 2009. Yields in Australia and New Zealand also surged around 10 basis points. While the market’s shift was triggered by a change in Germany’s spending plans for defense and infrastructure, Japan has issues of its own as it grapples with rising inflation and higher borrowing costs.
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1 month ago |
bloomberg.com | Ritsuko Ando
China said it has begun working towards discussions with the US military, a move that could help ease tensions over Beijing’s recent ramp up of naval activity.
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