William Pesek, Asia Times

William Pesek

Asia Times

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Recent articles by William:

Seoul, Tokyo not set to steal Hong Kong’s thunder

The Chinafication of Hong Kong has global CEOs and investors eyeing alternative financial capitals in Asia. Not surprisingly, the smart money is on → Read More

Nintendo wins big as Covid-19 world plays at home

TOKYO - Nintendo has a coronavirus era problem of which its rivals can only dream of: it can’t make gaming products fast enough to meet roaring → Read More

Japan’s recession could be an absolute monster

The most important thing to know about Japan’s latest recession is how much worse conditions may get in 2020 – and beyond. This is not the narrative → Read More

Covid-19 exposes Sony’s bloated empire

If you’re looking for a microcosm of how poorly positioned Japan is to weather the Covid-19 crisis, Sony may be a great place to start. The electronics-to-entertainment behemoth figured all was wel… → Read More

Rough ride ahead for Toyota, Honda and Japan Inc

Where General Motors goes, America goes. Likewise, where Toyota and Honda go, Japan goes. If the latest signals from these two Japan Inc icons are any → Read More

Covid-19 kills Japan’s coveted trade surplus

Few status symbols matter more to Japan Inc than its much-vaunted trade surplus. For decades now, the huge extent to which exports dwarf imports has been → Read More

SoftBank’s sharing economy, startups, catch a cold

If any tech CEO is having a worse 2020 than Masayoshi Son, the SoftBank billionaire sure would love to meet them. Last year was awful enough for his US$100 billion Vision Fund empire, which ended w… → Read More

Perfect market storm hammers Japan, South Korea

As markets quake over the coronavirus and Trumpian chaos, losses in Japan and South Korea have been as savage as anywhere. The Nikkei Stock Average is down 26% in the first 72 days of 2020. Korea’s… → Read More

Fed ignites Asia’s race to the bottom

Federal Reserve Chairman Jerome Powell Tuesday made good on pledges to battle “evolving risks to economic activity” posed by the novel coronavirus outbreak. Yet his bold 50-basis-point rate cu… → Read More

Virus hits Japan tourism, compounding trade ills

Ambitious plans to lure 40 million visitors in Olympic year look over-rosy while trade is under the gun → Read More

Japan’s economy plagued by virus risk

Japan’s economic addiction to China reveals its downside as the coronavirus wreaks havoc on outlook for 2020 → Read More

Trump’s Iran adventure has Japan over a barrel

With its unhealthy, post-Fukushima addiction to fossil fuels, Tokyo’s energy outlook and diplomacy face Middle Eastern stress tests → Read More

Where the hell is ‘womenomics’ in Japan?

Japan desperately needs to have more women in leading roles if it wants to lift its economic game → Read More

Tokyo’s monster stimulus move suggests scary 2020

Increasingly desperate moves to jolt Japan into growth are a warning for the rest of the world → Read More

Japan’s demographic time bomb is Asia’s warning

Latest IMF advice is dire, but there are no easy answers to a trend that is morphing into a regional growth killer → Read More

Line-Yahoo merger creates monster app for Japan

But while the deal may be mega in the island nation, it is not necessarily going to be a global giant → Read More

James reminds CEOs 2020 could be a tough year

As China sinks to petty blackmail economics over any perceived slight, big-name firms are groveling left and center → Read More

China bulls face the US$28 billion question

Beijing’s GDP growth target of 6% looks a distant hope as the economy slows despite the PBOC’s stimulus move → Read More

China delivers Hong Kong’s existential moment

Beijing had little understanding of what makes Hong Kong special – and essential → Read More

Federal Reserve may be no match for PBOC’s moves

Trump’s trade war is proving to be a much bigger threat to China’s economy than America’s subprime meltdown in 2008 → Read More