The Bank of Japan upgraded its economic assessments for eight of the country's nine regions in a quarterly report released Thursday, reflecting improvements in business and consumer sentiment thanks to the yen's weakening and rises in stock prices.
It was the first time in three years and nine months that the Bank of Japan has revised up its economic assessments for at least eight regions for two straight quarters. In its previous report, the central bank upgraded its assessments for all nine regions.
The latest report said that the economy "has been picking up" in the Hokkaido, Hokuriku, Kanto-Koshinetsu, Tokai and Kyushu-Okinawa regions, "has been picking up moderately" in the Kinki region, "has been picking up moderately as a whole" in the Chugoku region and "has begun to pick up" in the Shikoku region.
Prime Minister Shinzo Abe lodged a protest with U.S. President Barack Obama over the incident which led to an arrest of an American man working at a U.S. military base in Okinawa Prefecture on suspicion of abandoning the body of a Japanese woman during their bilateral meeting in Shima, Mie Prefecture, on Wednesday night. (the-japan-news.com)
Japanese Prime Minister Shinzo Abe on Wednesday made a pilgrimage to the Ise Grand Shrine, the holiest site in Japan's Shinto religion, a day before he hosts a Group of Seven (G-7) summit nearby. (Japan Today)
A panel of Tokyo's Metropolitan Police Department came up with a report on Wednesday calling for legal regulations on the so-called JK business, in which high school girls offer such services as massage and dating. (Jiji Press)
Most of the 750 million yen ($6.8 million) in relief money for victims of the powerful earthquakes that hit Kumamoto Prefecture in southwestern Japan last month has not been disbursed, local government officials said Tuesday. (Japan Today)
Hyogo Prefectural Police have arrested a 67-year-old man for attacking a 61-year-old female neighbor and her daughter, who later died, at an apartment building in Amagasaki City, reports NHK (May 20). (Tokyo Reporter)