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Search resuls for: "Hakone"


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Simon Celestine arrived at Odawara castle as a tourist from France but he is now lord of one of the most impressive feudal-era fortresses in Japan – if only for a day. Odawara Tourism AssociationOdawara has been selected as one of the first recipients of government assistance to tell its story and local tourism authorities have been busy devising initiatives that play on its strengths. Five generations of the Hojo clan made Odawara castle one of the most formidable in the country and it was never successfully stormed in battle. Odawara Tourism AssociationThe innermost courtyard is across another bridge over a moat, up a flight of steep steps and through a gate set into a two-meter-thick wall. The “Lord of the Castle” experience can be booked through the official Odawara Tourism Association website.
Persons: Simon Celestine, Hojo, Naoya Asao, ” Celestine, , Toyotomi Hideyoshi, Hideyoshi, Meiji, Celestine, Tomomi Iwayama, Iwayama, sashimi Organizations: CNN, Japan CNN, Odawara Tourism, Odawara, Odawara Tourism Association, CNN Travel Locations: Odawara, Japan, France, Tokyo, Kyoto, Osaka, Hakone, Izu, Sagami Bay, Mount Fuji, Edo, Kanto
SeongJoon Cho | Bloomberg | Getty ImagesAmong major central banks, the Bank of Japan has been most notorious for its ultra-loose monetary policy, but that must come to an end soon to support the country's currency, according to Deutsche Bank. "For the yen to do something meaningfully better you really need more of a dovish pivot in every other central bank, or the Bank of Japan really has to start walking away from quantitative easing and negative rates," Tim Baker G10 FX strategist at Deutsche Bank told CNBC's Street Signs Asia. watch nowQuantitative easing is when a central bank tries to increase the liquidity in its financial system by buying long-term government bonds from the country's largest banks. The BOJ has used various quantitative easing tools to reflate the economy in the last three decades. The central bank has been cautious in unwinding its long-held ultra-easy monetary policy, wary of any premature moves that could potentially derail recent nascent improvements in the economy.
Persons: SeongJoon Cho, Tim Baker, CNBC's, Baker Organizations: Bloomberg, Getty, Bank of Japan, Deutsche Bank, Bank of, Fed, ECB Locations: Hakone, Japan, Bank of Japan
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. The yen hovered near a two-week high on Tuesday, boosted by a report that the Bank of Japan, or BOJ, could further tweak a key bond yield policy tool when it announces its monetary decision later in the day. The dollar looked set to end the month largely unchanged against a basket of currencies, having lost some steam after a roughly 2.5% gain in September. Against the euro, the yen last stood at 158.24, having similarly risen to an over one-week high of 157.70 per euro on Monday. Elsewhere, the Australian dollar shed 0.09% to $0.6368 and was headed for a monthly loss of more than 1%.
Persons: Chris Weston, Thierry Wizman, Sterling Organizations: Bank of Japan, Federal Reserve, Nikkei, Australian, Bank of England, European Central Bank, New Zealand Locations: Hakone, Japan, Gaza, Germany, Wells Fargo
I've witnessed firsthand the nuances that set education in the United States and Japan apart, especially with colleges and universities. I've been fortunate to teach at Morgan State University, Art Center College of Design in Baltimore, and I'm now an assistant professor at Temple University Japan in Tokyo. It's a system designed to identify potential — whether one's destination is a public university or a prestigious private college. Students here are bound by a singular choice; they can only apply to one public university for admission. AdvertisementAdvertisementI've found there typically aren't dorms on college campuses in JapanIn the United States, dormitories foster a spirited campus community.
Persons: I'm, I've, , It's Organizations: Service, Baltimore City Public School System, JET, Morgan State University, Art Center College of Design, Temple University Japan, NCAA, American, College Locations: American, Tokyo, Japan, United States, Baltimore, It's
Dollar steady after strong U.S. data, yen set for weekly gain
  + stars: | 2022-12-22 | by ( ) www.cnbc.com   time to read: +3 min
The euro was up slightly against the dollar, standing 0.16% higher at $1.061, after slipping less than 0.1% on Thursday. Yet the Japanese currency was on track for a weekly gain of around 3% after the Bank of Japan (BOJ) tweaked a key bond market policy earlier this week. The Japanese currency jumped almost 4% on Tuesday - its biggest daily rise since 1998 - after the BOJ changed a key policy, making Japanese assets look more attractive. "Getting to 130 (yen per dollar) is certainly possible," said Erik Nelson, macro strategist at Wells Fargo. Nelson said that low trading volumes going into the holidays were causing currencies to fluctuate more than usual.
I thought I managed to beat the tourist crowds on my recent trip to Japan. Visitors gather on a terrace near the Kiyomizu-dera to watch the sunset and autumn leaves in Kyoto, Japan. In the months before those rules were lifted on Oct. 11, there were fewer traffic jams and queues, said Aw. Tokudaw's Aw said bookings with her company remain strong for the year-end period, at around 85% of pre-Covid levels. Travel, however, told CNBC Travel that its customers from Singapore have made bookings all the way through to April.
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