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Japan's August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July. Ishida had beaten Economic Security Minister Sanae Takaichi in the final round of the Liberal Democratic Party election on Friday, sending the yen into a volatile session. A higher interest rate typically strengthens the yen and puts pressure on Japanese stock markets, which are heavily weighted by exporters. Chinese rally puts pressureThe Nikkei's decline on Monday also comes at a time when China's markets have been surging. Stock Chart Icon Stock chart icon
Persons: Shigeru Ishiba, Ishida, Sanae Takaichi, Ryota Abe, Takaichi, Ishiba, Abe, Steven Glass, CNBC's Organizations: Economic, Liberal Democratic Party, Bank of Japan, Sumitomo Mitsui Banking Corporation, CNBC, Bank of, Pella Funds Management, CSI Locations: Tokyo, Japan, Pella, Hong
CNN —In the land of Hello Kitty, kawaii (“cute”) culture and the Neo-Pop art of 1990s Japan, Tetsuya Ishida was an outlier. An untitled 2004 acrylic and oil painting by late Japanese artist Tetsuya Ishida from the Gagosian retrospective "My Anxious Self." Ishida, who had gone to art school, worked part-time at a print shop and as a night security guard. Many of the 200 or so paintings Ishida completed in his lifetime portray the gloom of becoming a cog in the economic machine. Another painting entitled "Gripe," painted by Ishidia in 1996, portrays a Japanese salaryman with lobster claws for hands.
Persons: kawaii, Tetsuya Ishida, wasn’t, Japan’s “, Gripe, , Gulliver, Tetsuya Ishida's, Gagosian, ” Nick Simunovic, , ” Gagosian, Simunovic, Ishida, ” Simunovic, Gagosian Ishida, Jacky Ho, , Martin Wong, Ishidia, Cecilia Alemani, ” Ishida, Robert McKeever, Tamaki Saito, didn’t, Sharp, Japan's, claustrophobia, Takashi Murakami, Yoshimoto Nara, ” Alemani, Alemani Organizations: CNN, Asia, Art, San Francisco Asian Art Museum, Venice Biennale, Hong Kong, Christie’s Asia, Japan Inc, dehumanization, Gagosian's, Sony Locations: Japan, Japanese, Japan’s, Gagosian, New York, Venice, Sotheby’s, Christie’s, Tokyo, , York
Matsue, Japan CNN —San’in isn’t the Japan most travelers picture on their first visit to the country. Japan’s famous high-speed rail system does not pass through San’in, which leaves it off many travelers’ radars altogether. The San’in region consists of Japan’s two least populous prefectures, Shimane and Tottori, which sit between the Sea of Japan and the northern side of the country’s Chukogu mountains. “The Kojiki,” an important eighth-century Shinto text, depicts the San’in region as an annual gathering place for the gods. The region is also the backdrop to Japan’s only desert, a 10-mile cluster of rolling sand beside the Sea of Japan known as the Tottori Dunes.
Persons: Japan CNN — San’in, Mount Daisen, Daisen, Masako Ishida, San’in, Mitoku, it’s, “ It’s, , Baye Cooper, ” Cooper, Organizations: Japan CNN, UNESCO, Getty, Adachi Museum of Art, Journal, Alamy, Hong Kong Airlines, Air Seoul, San’in Tourism Organization Locations: Matsue, Japan, Honshu, Japan’s, San’in, Shimane, Tottori, Nara, Hyogo, Inasa, amana, Inasa Beach, Uradome, Mount, Chugoku, Kaike Onsen, Tokyo, Kyoto, Yamaguchi prefecture, One, Osaka, Shimane prefecture, Okayama, Hiroshima, Izumo, Hong Kong, Hong, Seoul, Air
[1/2] Bank of Japan (BOJ) Governor Haruhiko Kuroda speaks during a news conference after attending the Monetary Policy Meeting at BOJ headquarters in Tokyo, Japan January 18, 2023, in this photo released by Kyodo. TOKYO, July 31 (Reuters) - Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massive stimulus a decade ago, unconvinced central banks had the power to jolt public perceptions, accounts of the meeting released on Monday showed. Former banker Koji Ishida said he would propose reviewing the stimulus programme if no tangible results were seen one year into its launch, the minutes showed. Since then, the BOJ has capped long-term borrowing costs at about zero and has pledged to maintain ultra-low interest rates until its 2% inflation target is sustainably met and accompanied by wage growth. After serving two, five-year terms, Kuroda stepped down from the top BOJ post in March.
Persons: Haruhiko Kuroda, baulked, Haruhiko, Shinzo Abe, Kuroda, Masaaki Shirakawa, Hiroshi Nakaso, Takahide Kiuchi, Takehiro Sato, Sato, Koji Ishida, Leika Kihara, Jamie Freed Organizations: Bank of Japan, Kyodo ., Thomson Locations: Tokyo, Japan, Kyodo . TOKYO
Within the bomb’s hypocenter, only the half-exploded Genbaku Dome – formerly the Hiroshima Prefectural Industrial Promotion Hall – was left standing as the bombing razed Hiroshima city to the ground. A man relaxes alongside the river on a bench overlooking the Genbaku Dome. ET), Hiroshima city lost roughly 40% of its population, which numbered around 300,000 people at the time. Full-scale reconstruction only began in August 1949 after the Hiroshima Peace Memorial City Construction Law was promulgated, allowing the national government to extend special financial support to Hiroshima. “It’s impressive how Japanese people rebuilt the city from scratch again – building a beautiful city full of green spaces.
The Fukushima Dai-ichi Nuclear Power plant after a massive earthquake and subsequent tsunami on March 14, 2011 in Futaba, Japan. DigitalGlobe | Getty ImagesA Japanese court on Wednesday found three former utility company executives not guilty of negligence over the 2011 Fukushima nuclear power plant disaster and the subsequent deaths of more than 40 elderly residents during their forced evacuation. watch nowThe acquittal disappointed and angered dozens of Fukushima residents and their supporters who attended the ruling or rallied outside the court. It's so irresponsible," said Yuichi Kaido, a lawyer representing the Fukushima residents. The Supreme Court in June, however, said the disaster was unforeseeable and dismissed compensation demands by thousands of residents.
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