Tokyo

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Monaco Overtakes London On Priciest Homes List

(Newser) - London has tumbled off its perch atop the list of priciest places to buy residential property, the Financial Times reports, allowing Monaco to swoop in and take the crown. Monaco’s top properties now fetch $68,000 per square meter, compared to $38,000 for London and $22,500 for...

2 Die in FedEx Plane Crash in Japan

Plane landed on its wing and exploded

(Newser) - A FedEx plane crashed at Tokyo's main international airport Monday, killing both pilots aboard. Caught in a gust of wind, the cargo plane landed on its left wing and skidded off the runway in a ball of fire, Reuters reports. Airlines have been rerouting passengers as firefighters clear the scattered...

US Warns of Japanese Drink-Spiking Epidemic

(Newser) - The US embassy in Tokyo has warned Americans to steer clear of an entertainment district that has seen a spike in the spiking of drinks, the Japan Times reports. Victims often lose consciousness and awake hours later, their credit cards gone or used. “If you, nevertheless, choose to participate...

Volcano Showers Tokyo With Ash

Residents warned larger explosion may follow

(Newser) - Powdery ash showered Tokyo this morning as Japan's Mount Asama volcano erupted 90 miles away, Reuters reports. Smoke burst a mile into the air and rocks flew onto sparse neighboring towns, but there was little damage and no visible lava from the explosion. Scientists have warned people not to approach...

Tokyo Dims Red Light in Olympic Bid

Officials aim to keep 'local color' in crackdown

(Newser) - Japan’s bid to host the 2016 Olympics has prompted a cleanup of Tokyo’s red light district, but local proprietors aren’t eager to change local culture, the Guardian reports. Police, backed by a governor hoping to snuff out sleaze, are getting tough about a new law forcing sex...

Obama Touts Chicago's 2016 Olympics Bid

President-elect appears via video before selection committee, his first such push

(Newser) - Barack Obama made a surprise appearance today in a video address to the International Olympic Committee, pushing Chicago’s bid to host the 2016 Summer Games, the Tribune reports. The video, shepherded to Istanbul by Chicago Mayor Richard Daley, showed Obama talking about his belief “in the Olympic movement,...

Barenaked Brit Skinny-Dips at Tokyo Palace

Tourist arrested after climbing royal wall during hour-long chase

(Newser) - A naked Westerner jumped into the moat surrounding Japan’s fortified imperial palace today, Reuters reports, climbing its walls during a chase that lasted more than an hour. Onlookers giggled and snapped photos of the 40-year-old bald man, who claimed to be a British tourist from Spain. He was captured...

Missing: 5-Year-Old; 20 Inches Long, Big Nose

Anteater breaks out of Tokyo confinement for second time since 2005

(Newser) - Tae the anteater is on the run—again. Dozens of humans are searching for the 5-year-old, a resident of Tokyo's Sunshine International Aquarium who engineered a jailbreak Saturday by opening a sliding door, the Asahi Shimbun reports. Tae previously enjoyed a taste of freedom in 2005, when she skipped out...

Can Fish-Hungry Japan Go Sustainable?
 Can Fish-Hungry
 Japan Go
 Sustainable? 
Glossies

Can Fish-Hungry Japan Go Sustainable?

Slowly, world's sushi capital seeing more eco-friendly seafood in supermarkets

(Newser) - Japan loves its fish: The island nation consumes an average of 147 pounds per person a year, compared to America’s 17. So, Samuel Fromartz wonders in Gourmet, how can Japanese fisheries continue to support supermarket fish counters as large as an entire US meat section? The answer, slowly gaining...

Tokyo Killer Warned of Slaughter Online

Posted 'It's time' 20 minutes before rampage that killed 7

(Newser) - The young man accused of killing 7 people in a knife rampage in downtown Tokyo warned of the attacks in a series of messages to an Internet bulletin board, reports the AP. Tomohiro Kato, who rammed his truck into pedestrians before stabbing 17 of them, posted warnings from his cell...

7 Killed in Tokyo Stabbing Spree
7 Killed in Tokyo
Stabbing Spree

7 Killed in Tokyo Stabbing Spree

10 more wounded after man drove truck into pedestrians in electronics district

(Newser) - A Japanese man plowed his truck into Tokyo pedestrians before jumping out and stabbing them, killing at least 7 and wounding 10 more, the AP reports. Police nabbed a 25-year-old man in the attack, which occurred in the city’s leading electronics district, a hotspot for young people. The suspect...

Chicago Makes Final Four in 2016 Olympic Bid

Madrid, Tokyo, Rio de Janeiro also in the mix for Summer Games

(Newser) - Chicago is still in the mix to host the 2016 Summer Olympics, the Sun-Times reports, as the International Olympic Committee today winnowed the field of candidates to four. Vying against the Windy City are Madrid, Tokyo, and Rio de Janeiro.

Opposition Finally Backs New Chief for Bank of Japan

Shirakawa to fill critical spot as stalemate ends

(Newser) - The Democratic Party of Japan has accepted a new central banker just in time for the crucial meeting of G7 finance leaders in Washington on Friday, reports the International Business Times. The top spot has been vacant since March 19, leaving the bank vulnerable during an unsteady economic time. Masaaki...

Lehman Sues to Reclaim $350M Lost in Swindle

Says 2 workers at Japanese trading firm ran a Ponzi scheme

(Newser) - Lehman Brothers is suing Japanese trading company Marubeni, seeking to recover $350 million lost in a scam apparently engineered by two of the company’s employees. The scheme involved forged documents purportedly bearing a board member’s seal and two meetings at Marubeni headquarters, including one with an impostor posing...

Japan's Inflation Surges
 Japan's Inflation Surges 

Japan's Inflation Surges

Unemployment also rises in world's second-largest economy

(Newser) - A double whammy of rising inflation and unemployment has experts worried that Japan’s economy—the world’s second largest—is fast losing steam, reports the Wall Street Journal. Inflation in February rose 1%, its fastest spike in a decade, and household spending stalled in the face of rising food...

Japan Faces Credit Crisis With No Central Bank Governor

Political standoff leaves BoJ top job vacant

(Newser) - When markets are in chaos and currencies are fluctuating wildly, central bankers jump in to try to provide stability, as Ben Bernanke has done at the Fed. But in Tokyo a political standoff has left the Bank of Japan without a leader at the worst possible moment, reports the AFP....

Asian Markets Surge As Dollar Comes Back
 Asian Markets Surge
 As Dollar Comes Back 
MARKETS

Asian Markets Surge As Dollar Comes Back

Greenback back above 100 yen; best day in a month in Tokyo

(Newser) - Stocks in Asia had their best day in a month as investors reacted to the Fed's 75-point rate cut and a top Chinese company announced higher-than-expected earnings. The Nikkei climbed 2.5%, with financial stocks leading gains, reports Bloomberg. Companies with substantial business in America also did well—Canon jumped...

Dollar Sinks Below 100 Yen
 Dollar Sinks Below 100 Yen 

Dollar Sinks Below 100 Yen

Stocks tumble as dollar hits 12-year low

(Newser) - The dollar's decline continued today, dropping below the symbolically dramatic threshhold of 100 yen for the first time in 12 years. The greenback held on just above ¥100 during the trading day in Tokyo before slumping to ¥99.80 in Europe this morning. The dollar took a pummeling...

Hello Kitty to Purr for Young Men, Too

Company will make girl-friendly product line palatable for teen boys

(Newser) - Will boys really say “Hello Kitty”? The company behind the sugary-sweet product line thinks so. Japan’s Sanrio Co. says it will plaster the cuddly cat on T-shirts, bags, watches, and other products for males. “We think Hello Kitty is accepted by young men as a design...

For Fine Dining, Tokyo Reigns Supreme
For Fine Dining, Tokyo Reigns Supreme

For Fine Dining, Tokyo Reigns Supreme

Michelin guide heaps stars on Japanese capital's restaurants

(Newser) - Paris has lost its crown as the world's leader in haute cuisine, reports the Telegraph, as the new Michelin guide to Tokyo showered the city's restaurants with acclaim. The first edition of the culinary bible awarded no fewer than 191 stars to 150 restaurants in the Japanese capital—nearly double...

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