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Presents world business briefs as of April 27, 2001. Downgrade of the Japanese government's estimate for economic growth in the final 3 months of 2000; Investigation of hidden debts of Asia Pulp and Paper Company; Passage of a law in Turkey which grants autonomy to the Central Bank; Others.

The article discusses the cultural transmission of popular culture through the East Asian region and the intersection of politics, economy, and culture, according to the research of Koichi Iwabuchi, a professor of media and cultural studies at Monash University. Topics include Iwabuchi's research into Korean popular (K-pop) culture idols and dramas, known as the "Korean Wave," discrimination against Koreans in Japan, and ethnological aspects of mass media culture.

Presents examples of how Japan's role as the economic leader of Eastern Asia is faltering as of 1998. Growing influence of the United States on currency markets; China's stable currency; Complication of India's nuclear arms testing; Internal Japanese economic problems; Lack of effect on Japanese politics.

The article focuses on the investments in Asia. Zhou Xiaochuan, governor of central bank of China in an essay released on March 23, 2009 has called for a new world reserve currency to replace the dollar. It is stated that the pronouncement of Zhou seemed more than anything else a method of putting China in some sort of middle of the see-saw to modify the global credit regulatory system. In 2008 Dentsu Inc., the world's largest advertising agency, lost revenue for the first time in five years.