TOKYO, Mar 25 (Bloomberg) - On March 19, Japan’s central bank ended its latest economic experiment. The BOJ scrapped the world’s last negative interest rate policy, with the first rate hike since 2007.
The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond?
Source: Bloomberg
A large-scale commercial facility, boasting about 50 stores from shopping to lodging and operating entirely cashless, has opened in Kishiwada City, Osaka Prefecture.
May 1st marks the celebration of the international labor movement known as May Day. In Osaka, a rally was held where attendees called for the extension of recent substantial wage increases to small and medium-sized enterprises (SMEs) as well.
The earnings reports from Japan's five major securities firms are in, showing strong performances boosted by the rising stock market.
A new bypass road has opened on the coast uplifted by the Noto Peninsula earthquake in Ishikawa Prefecture's Wajima City.
As demand for sake rebounds both domestically and internationally, a major shortage of sake bottles has prompted a leading food wholesaler to begin selling the beverage in cans instead of bottles.
In Tokyo, the Chinese population has been on the rise, with Adachi Ward seeing more than double the number from ten years ago.
The carcass of a cat was found near a plating factory in Fukuyama City, Hiroshima Prefecture, on March 30th.
Japan's Ministry of Internal Affairs and Communications announced on April 30th that the number of vacant homes across the country has reached 9 million, setting a new record high.
