News On Japan

Apple Store in Tokyo's Ginza moves to groundbreaking wood building

Aug 18, 2022 (Nikkei) - The Apple Store in Tokyo's upscale Ginza district will move this month to Japan's first 12-story building made of a fire-resistant wood and steel construction.

The relocated Apple Store opens on Aug. 30 as the anchor tenant of the high-rise designed by Hulic, one of Japan's biggest real estate groups.

The commercial property housing Apple's current store in Ginza is set to be rebuilt. Commercial real estate watchers had been looking to see where Apple would choose as its new digs.

The wood-heavy building is an example of how Japanese developers are experimenting with designs that cut carbon dioxide emissions over the lifetime of a property.

Over half of the building's load-bearing elements are made of wood, with steel and reinforced concrete used for additional strength. Around 300 cubic meters of wood are being used. ...continue reading

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Japanese Prime Minister Sanae Takaichi and US President Donald Trump held talks at United Nations headquarters in New York in the early hours of September 23 Japan time, demonstrating the strength of the Japan-US alliance and confirming close cooperation on China ahead of an upcoming US-China summit.

Typhoon No. 25 has left seven people dead and five missing in Chiba and Kanagawa prefectures, with rescue operations continuing on September 23 as the extent of devastating landslides and flooding across the Kanto region becomes clearer, while widespread power outages, disrupted rail services and submerged neighborhoods hamper recovery efforts.

The road leading to Otemon Gate at Tokyo's Imperial Palace was flooded on September 22 after heavy rain from a typhoon caused water in the surrounding moat to overflow.

Japan came within two runs of producing one of international cricket's biggest upsets on September 22, pushing reigning T20 world champion India to the final ball before losing a rain-shortened match at Sano International Cricket Ground in Tochigi Prefecture.

Japan's Asian Games campaign continued across a packed Day 4 schedule on September 22, with the women's badminton team securing another medal, the women's basketball team completing an unbeaten group stage, and Japan adding a historic bronze medal in mixed air rifle shooting as several of the host nation's biggest medal opportunities moved into the evening.

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Bankruptcies among Japan's bento shops are surging, with 83 businesses failing in the first eight months of 2026, putting the industry on course to surpass last year's record of 89 as rising ingredient costs and intensifying competition from supermarkets, convenience stores and drugstores squeeze smaller operators.

Tokyo’s stock market was closed on September 21 for Respect for the Aged Day, leaving the Nikkei 225 without a cash close after finishing the previous session at 65,019, while currency and futures markets focused on the yen, the Bank of Japan’s latest rate hike and intervention risks during Japan’s Silver Week holiday.

Japan's first five-day Silver Week holiday in 11 years has put renewed attention on household finances, with persistently high food prices and a weakening yen threatening to erode the benefits of the government's planned consumption tax cut on food.

A list of providers with identical promises turns selection into brute-force sorting. The differences do exist; they are just hidden somewhere other than the homepage.

The Bank of Japan raised its policy rate from 1.0% to 1.25% on September 18, taking borrowing costs to their highest level in 31 years and accelerating the pace of monetary tightening as persistent inflation and concerns over fiscal expansion put upward pressure on interest rates.

The yen strengthened by more than 1 yen against the dollar in a short period late on September 18 after the Bank of Japan conducted a rate check, a step commonly taken in preparation for possible intervention in the foreign exchange market.

Tokyo stocks rose sharply on September 18, with the Nikkei 225 climbing to around 65,350 in afternoon trading after the Bank of Japan raised interest rates to 1.25%, as the yen weakened and investors bought artificial intelligence and semiconductor-related shares.

The Bank of Japan raised its policy interest rate from 1.0% to 1.25% on September 18, lifting borrowing costs to their highest level in 31 years as policymakers moved to contain growing inflation risks, but the yen weakened sharply after the decision as markets focused on two dissenting votes and uncertainty over the pace of further increases.