Rapid, one-sided yen fall negative for Japan economy: Bank of Japan chief

TOKYO, Oct 19 (Kyodo) - The yen's rapid and one-sided depreciation is "negative" for the Japanese economy, Bank of Japan Governor Haruhiko Kuroda said Wednesday after the currency hit a fresh 32-year low versus the U.S. dollar.

Kuroda told a parliamentary session that the rapid weakening of the yen makes business planning difficult for Japanese companies and thus the government's intervention in September was "quite appropriate."

"Currencies should move in a stable manner, reflecting economic and financial fundamentals," Kuroda told a session of the Budget Committee in the House of Councillors. ...continue reading

Student's Homemade Bomb Sparks School Lockdown in Sapporo

A suspicious object feared to be explosive was discovered at a high school in Sapporo on the afternoon of November 22nd, causing temporary chaos. The object was found to have been brought to the school by one of its students.

China to resume visa-exemptions for short-term Japanese travelers

China says it will resume allowing visa-free visits by Japanese nationals on short-term trips from the end of this month. (NHK)

Japan Grapples with Poverty and Rising 'Invisible Homeless'

Japan is facing a deepening crisis of poverty and inequality, with rising reports of 'invisible homeless' individuals and growing economic hardships among the population. Discussions over reforms to the country's tax and welfare systems have taken center stage, as policymakers grapple with how to provide meaningful support.

Ueno Toshogu Shrine Shines in Gold with Special Lighting

A special lighting ceremony was held on November 20th at Ueno Toshogu Shrine, located in Ueno Park, Taito Ward, Tokyo. The event featured a unique lighting design created by renowned lighting designer Motoko Ishii.

World's First Fiber Made From Bagworm Silk Revolutionizes Industry

A Japanese pharmaceutical company has announced the successful commercialization of fiber made from silk produced by bagworms.

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