Japanese sake flows overseas as local market dries up

Oct 9, 2016

Japanese sake flows overseas as local market dries up

Ozawa Shuzo brewery hums with activity as boxed bottles of sake are loaded onto trucks. But with the domestic market shrinking, more and more of it is bound for burgeoning overseas markets where the centuries-old drink is all the rage. The small establishment has ...

Luxury carp making comeback outside Japan

| Sep 26, 2016

Luxury carp making comeback outside Japan

The popularity of nishikigoi carp is growing outside Japan. Known as the “swimming jewel,” one nishikigoi can fetch up to tens of millions of yen. Exports from the Tokai region, an area that actively breeds and raises Japanese brocaded carp, grew to ¥264 million ...

OECD cuts world growth outlook amid weak advanced economies

Sep 21, 2016

OECD cuts world growth outlook amid weak advanced economies

The Organisation for Economic Cooperation and Development on Wednesday cut its global economic outlook for 2016, as growth remains subdued in the United States, Europe and Japan amid sluggish trade activity. The OECD now expects the global economy to expand 2.9 percent this year, ...