Tourism boom lifts economy, but brings headaches

Jun 23, 2015

Tourism boom lifts economy, but brings headaches

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From the slopes of Mount Fuji to the temple streets of Kyoto, tourists are cramming Japan’s prime sightseeing spots, puzzling their way through Tokyo subways, and splashing out cash on cosmetics, sushi and high-tech toilet seats. The cheap yen, easier visas and other initiatives ...

| Jun 10, 2015

Kuroda remark drives dollar to ¥123

The dollar slumped below ¥123 in Tokyo trading Wednesday, dragged down by Bank of Japan Gov. Haruhiko Kuroda’s remark taken as a warning against the yen’s excessive drop. After slipping below ¥122.50 briefly, the dollar stood at ¥122.68-70 at 5 p.m., down from ¥124.53-54 ...