Japan slips to the world’s fourth-largest economy, behind the US, China and now Germany
Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany’s in 2023.
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Global South shows it’s ready to challenge unfair US-led world order
With its diminishing soft power, the US remains resolved to preserve its dominance by leveraging hard power. Meanwhile, nations in the Global South must persevere in transforming the current world order through peaceful means.
European stocks close higher; UK GDP figures show economy fell into technical recession
This is CNBC's live blog covering European markets.
Families of Indonesian activists tortured by soldiers 25 years ago shocked at general’s election win
JAKARTA, Indonesia (AP) — Families of Indonesian activists who were kidnapped and tortured by the military 25 years ago demanded justice in a protest Thursday and expressed shock over the apparent presidential victory of Prabowo Subianto, who they blamed for the atrocities.
Prabowo faces 'power game' with Jokowi after claiming victory
JAKARTA -- The results of Wednesday's presidential election in Indonesia will shift the political landscape in Southeast Asia's largest economy, with one analyst saying a power battle between Prabowo Subianto, who has claimed victory, and incumbent leader Joko "Jokowi" Widodo has begun.
Indonesia election latest: How Prabowo's big night unfolded
JAKARTA -- Indonesians cast their ballots Wednesday to choose the successor to Joko "Jokowi" Widodo in the world's largest direct presidential vote.
Japan's nominal GDP outgrows China's for first time in 46 years
TOKYO/HONG KONG -- While Japan's nominal gross domestic product slipped below Germany's last year, making it the world's fourth-largest economy, the country's growth rate has surpassed that of China for the first time in almost half a century.
Shipping rates show signs of easing despite Red Sea disruption
TOKYO -- While most containerships are making detours around the conflict-affected Red Sea, experts say container freight rates, which had initially soared, are showing signs of easing.