A giant panda gave birth to a cub at Ueno Zoo on Monday for the first time in five years, raising hopes of a tourism boost in the Tokyo metropolitan area. The economic impact of the baby panda is estimated at a staggering 26.7 billion yen.
Tokyo-based travel agency Tellmeclub, which specializes in discount overseas tours, filed for bankruptcy with the Tokyo District Court on Monday, affecting up to 90,000 people who have already paid for their trips.
Japan’s largest parcel delivery firm is in a difficult situation amid a triple problem – the growth of online shopping, increasing redeliveries, and an acute labor shortage.
Japan reached numerous economic deals with Russia in Tokyo on Friday following talks between the two leaders but failed to achieve a breakthrough in the issue of the Northern Territories.
The ruling coalition rammed a bill to ratify the Trans-Pacific Partnership trade pact through a special Lower House committee amid protests by opposition lawmakers.
Over 3 million Britons have signed a petition for a second referendum after a majority of people voted to leave the European Union on Thursday, which sent shock waves across the world.
The Bank of Japan launched a negative interest rate policy on Tuesday, an unusual move intended to boost the growth of Japan’s economy and stir inflation.
Japan launched a new bullet train service on Saturday linking Tokyo with the ancient city of Kanazawa in the Hokuriku region, which is expected to enjoy an influx of tourists from the capital city.
Department stores and other outlets across Japan have been beefing up their service for big-spending visitors during the Chinese New Year holidays with eased visa conditions and a weaker yen.