Japan's Nikkei index lost more than 3 percent on Monday, following the Bank of Japan's decision last week not to unveil any new stimulus measures. Most Asian markets were closed for May Day public holidays.
In classrooms and corporations, young Japanese are forced to toe the line — but critics say it stifles individuality and initiative, while change will only come very gradually. Julian Ryall reports from Tokyo.
A shrinking population and tighter household budgets mean that operators of short-stay hotels for amorous couples need to provide new experiences and seek out a new generation of clients. Julian Ryall reports.
Japan's stock market has continued its rally as investors are optimistic about the mid-term prospects for the global economy. The Kobe Steel data scandal no longer seems to worry traders that much.
Tokyo's Nikkei 225 has posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan's pro-business Prime Minister Shinzo Abe.
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