
River Akira Davis
Business and Economics Correspondent at The New York Times
Correspondent @nytimes covering Japan business, economy and society. Previously @WSJ and @business. DM for Signal/WhatsApp/Line.
Articles
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1 week ago |
nytimes.com | Joe Rennison |Eshe Nelson |River Akira Davis
Wendong Zhang, an assistant professor of applied economics and policy at Cornell, pointed out that "many products that the U.S. imports are predominantly from China," including 73 percent of smartphones, 78 percent of laptops, 87 percent of video game consoles and 77 percent of toys. "Resourcing from other countries will take time and result in much higher costs," Mr. Zhang said in an interview on Wednesday. Few corners of the stock market were spared.
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1 week ago |
nytimes.com | River Akira Davis
That means "risks have not been all that significantly reduced" for many countries like Japan and South Korea, which count China and the United States as their top trade partners, Mr. Kiuchi said. The Chinese government has taken steps to stabilize its markets. State-owned companies on Tuesday announced they were buying back some shares, a move that typically helps push stock prices higher.
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2 weeks ago |
kansas.com | Ana Swanson |Eshe Nelson |River Akira Davis |NYT Business
EDITORS NOTE: EDS: SUBS top to update and revise, PICKUP at "A report released ..."; TWEAKS last graf; SUBS byline; UPDATES related stories.); (ART ADV: With photo.); (With: TARIFFS-CHINA-FACTORIES, CHINA-TARIFFS-EXPLAINER, U.S.-CHINA-TRADE, EUROPE-TARIFFS, MARKETS, ECON-INFLATION, SOUTHEAST-ASIA-TRADE, BRITAIN-AUTOMAKER-TOWN, EGG-PRICES, BRITAIN-ECON-STABILITY, CHINA-FRUGALITY, REPUBS-TARIFFS, CHINA-TARIFF-RATE, TARIFFS-APPAREL, TARIFFS-NINTENDO-SWITCH U.S. stocks tumbled about 4% in early...
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2 weeks ago |
nytimes.com | River Akira Davis
Following President Trump's decision to pause punishing tariffs on dozens of countries, markets in Asia reacted predictably: Stocks soared in the countries that were spared. In early trading on Thursday, benchmark indexes rose more than 9 percent in Taiwan, 8 percent in Japan and 5 percent in South Korea. All three Asian economies were among the U.S. trading partners given a 90-day reprieve from Mr. Trump's so-called reciprocal tariffs.
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2 weeks ago |
infobae.com | Joe Rennison |Eshe Nelson |River Akira Davis
Últimas NoticiasRusia invade UcraniaDeportesVenezuelaTecnologíaESPNQué Puedo VerEntretenimientoEEUUStandard & Poor's 500-Stock IndexStocks and BondsInternational Trade and World MarketCustoms (Tariff)Standard & Poor's CorpUnited StatesJapanSouth KoreaFar East, South and Southeast Asia and Pacific AreasEl S&P 500 se disparó, mostrando el alivio de los inversores ante la decisión del presidente Trump de poner en pausa los elevados aranceles para la mayoría de los países, excepto China.
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“It was a New York sneeze that forced Japanese pneumonia” -- markets react to fears of slowing U.S. growth @daiwaka https://t.co/6fVe10LU26

RT @stefanangrick: Great piece by @riverakiradavis on why imported inflation isn’t generating the self-sustaining inflation the BoJ wants.…

RT @motokorich: “Customers are used to our prices, and if we raise them, they won’t buy. People have already stopped buying as much anyway…