The Bank of Japan's policy board is set to discuss this week whether to exempt $90 billion in short-term funds from its newly imposed negative interest rate, people familiar with the matter said, after the securities industry warned that investment money would be driven into bank deposits. (the-japan-news.com)
BOJ to look at negative interest rate exemption
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Govt to disclose info on how pension assets are invested
The government intends to disclose information on stocks and bonds owned by the Government Pension Investment Fund (GPIF), which manages pension reserves, and other information after a certain period of time.
(the-japan-news.com)
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New Shibuya blvd project to kick off
Tokyo's Shibuya Ward is to kick-start development of a boulevard focusing on the famous "scramble crossing" in front of Shibuya Station. It aims to create a sense of unity between the Miyamasuzaka and the Dogenzaka districts located to the east and west of the station. (the-japan-news.com)
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Dramatic progress via deep learning
The victory Saturday by AlphaGo, an artificial intelligence program developed by Britian's Google DeepMind, over a professional Go player indicates that a new development method called deep learning has made rapid progress in studies of Go-playing software. (the-japan-news.com)
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Tokyo to test taxi service with starting fares of Y460
The Ministry of Land, Infrastructure and Transport (MLIT) has announced it will conduct a field test by lowering the starting fare of taxis in Tokyo to 460 yen in an effort to provide an easier and more comfortable way for people to use taxis. (Japan Today)
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Tourist bus gridlock spurs countermeasures
Steps are under way to deal with worsening traffic jams in popular tourist destinations in Tokyo, such as Asakusa and the shopping districts of Ginza and Shinjuku, caused by large tourist buses catering to the increase in foreign visitors to this country. (the-japan-news.com)
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Okinawa cops arrest U.S. sailor in rape of woman in Naha
Okinawa Prefectural Police on Sunday arrested a U.S. Navy sailor for allegedly raping a woman in Naha City, reports NHK (Mar. 13). (Tokyo Reporter)
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Japan protests to U.S. over alleged rape by U.S. sailor
The Japanese government said Monday it has lodged a protest with the United States over an alleged rape Sunday by a U.S. sailor of a Japanese woman in Okinawa. (Kyodo)
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January machinery orders up 15%
Japan's core machinery orders in January rose 15 percent from the previous month in yen terms. The second consecutive monthly rise is the largest since fiscal 2005, when comparable data became available. (NHK)
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4 arrested in ongoing yakuza conflict in Japan
Tokyo police have arrested 4 members of a criminal gang affiliated with Japan's largest yakuza syndicate, the Yamaguchi-gumi, in possible connection with an ongoing conflict between groups. (NHK)
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Toyama cops: Shooting follows attempted arson at yakuza office
Toyama Prefectural Police are investigating a shooting at an office of an affiliate gang of the Yamaguchi-gumi that was hit with an attempted arson attack last month, reports Nippon News Network (Mar. 14). (Tokyo Reporter)
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State guesthouses to welcome private sector
The government plans to use the State Guest House, also known as Akasaka Palace (see below), and the Kyoto State Guest House as venues for private sector projects such as receptions for international conferences and corporate events. The facilities are currently used mainly to accommodate state guests. (the-japan-news.com)
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1st master of dojo-sukui dance certified in 30 years
Tsutomu Ichiugawa was certified early this year as a meijin master of dojo-sukui loach-scooping dance by the Yasugi-bushi preservation society in Yasugi, Shimane Prefecture. (the-japan-news.com)
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Okuhara ends Japan's 39-year wait for All-England badminton title
Nozomi Okuhara became the first Japanese in 39 years to win the women's badminton singles title at the All-England Championships on Sunday, beating Wang Shixian 2-1 in the final. (Japan Times)
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18-year-old gets 4 to 6 1/2 years for killing of Kawasaki teen
The Yokohama District Court sentenced on Monday an 18-year-old boy to between four and six and a half years in prison for his part in the killing of a younger teenage boy on a riverbank in Kawasaki in February last year. (Japan Today)
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DPJ, JIP pick new party name: Minshin To
A panel comprising the leaders and secretaries general of the Democratic Party of Japan and the Japan Innovation Party on Monday picked the name of a new party to be created through their merger later this month. (the-japan-news.com)
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Panel backs flexible scheduling of classes at elementary school
A working group of Japan's Central Council for Education drew up a draft recommendation Monday to promote flexible scheduling for classes at elementary school to secure time for English, which is set to become an official subject for fifth and sixth graders. (Jiji Press)
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Japan's newest bullet train line has busy first year
Japan's newest bullet train line, now a year old, has led to a better-than-expected threefold increase in the number of rail passengers traveling between Tokyo and Hokuriku and lifted that region's tourism industry. (Nikkei)
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Japan drafting new rules for private room rentals
The Japanese government has put together a framework to regulate rentals of vacant rooms in private residences to travelers, aiming to tackle a chronic hotel shortage while addressing public complaints. (Nikkei)
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Human skull, bones found in public park in Yamaguchi Prefecture
An investigation has been launched after a human skull and the skeletal remains of a headless body were found in a public park in the city of Yamaguchi in Yamaguchi Prefecture. (Japan Today)
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