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.
Tokyo Electric Power Co. said Wednesday that up to 6 tons of water have leaked after being processed with water-cleaning equipment at the Fukushima No. 1 power station at the center of the 2011 nuclear disaster. (Jiji Press)
Sony Pictures has canceled the Dec. 25 release of "The Interview" after hackers threatened terrorists attacks and the largest multiplex chains in North America pulled the film from its screens. (Japan Times)
The Chiba Public Safety Commission has banned a 29-year-old man from Matsudo, Chiba Prefecture, from riding a bicycle for 90 days, after he was found guilty of cycling under the influence of "kiken" quasi-legal drugs. (Japan Times)
Heavy snow caused a power outage along parts of the Joetsu Shinkansen Line for about six hours on Sunday morning, leaving some 300 passengers trapped in a bullet train for 2½ hours near the mountainous southern border of Niigata Prefecture. (Japan Times)