TOKYO, Mar 25 (Bloomberg) - On March 19, Japan’s central bank ended its latest economic experiment. The BOJ scrapped the world’s last negative interest rate policy, with the first rate hike since 2007.
The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond?
Source: Bloomberg
On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening.
Twelve years after entering the global marketplace for konjac, known in Japan as konnyaku, Akiji Sawaura has seen his company's revenue increase by 2.5 times and employee numbers double. However, his journey was not without its challenges.
Novelist Hitoshi Mayama explores a groundbreaking next-generation aquaculture technology at Tokyo University of Marine Science and Technology with Professor Goro Yoshizaki. This innovative method allows desired fish species to be bred by transplanting their reproductive stem cells into surrogate fish.
Temperatures soared to a summery 24.5C as the "AOMORI Spring Festival" kicked off, featuring a spectacular parade of giant nebuta floats that captivated spectators along the streets.
Three Lower House by-elections were held in Japan on Sunday. Candidates from the main opposition Constitutional Democratic Party have won all three seats. The results are expected to affect the management of the government led by Prime Minister Kishida Fumio. (NHK)
In a rare botanical event, a photographer in Fukuoka captured the blossoming of bamboo flowers, a phenomenon said to occur only once every 120 years.
The Tokyo Metropolitan Government building has been 'attacked' by Godzilla, brought to life through the world's largest projection mapping.
In a significant movement in the foreign exchange markets, the Japanese yen has once again depreciated, crossing the 158 mark against the U.S. dollar. This level marks the weakest the yen has been in approximately 34 years, signaling ongoing economic pressures and potentially major shifts in Japan's financial landscape.
