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.
Japan's Maritime Self-Defense Force transport ship Osumi carrying a Patriot Advanced Capability-3, or PAC-3, surface-to-air missile battery arrived at the remote southwestern Japan island of Ishigaki Saturday in preparations for a possible missile launch by North Korea. (Jiji Press)
The annual number of accidents during gymnastic formation performances has exceeded 8,000 for four years in a row since fiscal 2011 in primary, middle and high schools, according to the Japan Sport Council (JSC). (the-japan-news.com)
As if accommodating Chinese visitors on their usual shopping sprees weren't enough, major Japanese retailers are now actively working to lure this demographic to their storefronts for the Lunar New Year. (Nikkei)
Sharp Corp. and Hon Hai Precison Industry Co. on Friday signed a contract granting the Taiwan electronics giant preferential rights to negotiate over a bailout plan for the struggling Japanese company. (the-japan-news.com)
The day before his arrest at his apartment for possession of stimulant drugs, former professional baseball player Kazuhiro Kiyohara visited a dealer in Gunma Prefecture, investigative sources revealed on Friday, reports Sports Hochi. (Tokyo Reporter)
The number of people charged with stimulant abuse in Japan tops 10,000 every year, and the number of such people aged 40 years or older has been increasing in particular, police said. (the-japan-news.com)
Police referred a 16-year-old high school student to prosecutors on Friday on suspicion of using software on other people's computers to obtain the online account details of several hundred people, including records of their online shopping. (Japan Times)