Japan’s Aozora Bank shares hit near 3-year lows on U.S. commercial property losses

Japan’s Aozora Bank shares hit near 3-year lows on U.S. commercial property losses

The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over global banks’ exposure to souring real estate bets. Akio Kon … Read more

Japan wants higher returns for investors — here’s what it’s doing

Japan wants higher returns for investors — here’s what it’s doing

Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images Japan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. The operator of Tokyo’s stock exchange will release Monday, its first monthly list of public companies that have … Read more

A Vintage Lover’s Guide to Shopping in Tokyo

A Vintage Lover’s Guide to Shopping in Tokyo

A trip to Tokyo always guarantees great food, one-of-a-kind sights, and exceptional hotels—but for fashion lovers, it’s also an epic shopping destination. For vintage fashion, in particular, the city is a goldmine: In stylish neighborhoods such as Harajuku, Shibuya, and Shimokitazawa you’ll find stores that specialize in curating rare secondhand designer goods. Heading on a … Read more

Japan Rail Passes are much pricier, but the Kyun Pass may save money

Japan Rail Passes are much pricier, but the Kyun Pass may save money

A post-pandemic surge in international travelers, coupled with weak exchange rates, may have indirectly ended one of Japan’s most beloved travel deals: the Japan Rail Pass. Prices for the JR Pass, as it’s known, increased roughly 65%-75%, in October 2023. But there are still rail deals to be found — especially for those going beyond … Read more

Burning Airliner Evacuated In 18 Minutes After Tokyo Haneda Airport Collision

Burning Airliner Evacuated In 18 Minutes After Tokyo Haneda Airport Collision

Japan Airlines stated that it took 18 minutes for Flight 516’s burning Airbus A350-900 to be fully evacuated after colliding with a Japanese Coast Guard Bombardier Dash 8 at Haneda Airport in Tokyo. Those 18 minutes span from the point of impact until the final person left the aircraft. The recorded footage and accounts from … Read more

Japan Airlines plane in flames on runway at Tokyo airport

Japan Airlines plane in flames on runway at Tokyo airport

This photo provided by Jiji Press shows a Japan Airlines plane on fire on a runway of Tokyo’s Haneda Airport on January 2, 2024. A Japan Airlines plane was in flames on the runway of Tokyo’s Haneda Airport on January 2 after apparently colliding with a coast guard aircraft, television reports said. (Photo by JIJI … Read more

Asian cities, off the beaten path in Europe

Asian cities, off the beaten path in Europe

Tokyo, Japan. Matteo Colombo | DigitalVision | Getty Images When it comes to travel abroad, popular destinations like London, Paris and Rome always seem to top the wish list for Americans. But many travelers are looking beyond those mainstay cities for trips in 2024. Interest in major Asian hubs, off-the-beaten-path locales in Europe and other … Read more

Where to travel in 2024? Here are five spots to avoid crowds

Where to travel in 2024? Here are five spots to avoid crowds

Tired of the usual sights or craving a break from the travel herd? These five travel spots may be the getaway you’re looking for. Adventure travel company Intrepid Travel’s new “Not Hot” list is out — spotlighting overlooked travel spots around the world. The company’s annual list attempts to combat overtourism by helping travelers “beat … Read more

How much does it cost to Aman’s new brand Janu hotels?

How much does it cost to Aman’s new brand Janu hotels?

Few names exude “quiet luxury” like the ultra-luxe Aman Resorts. Its hotels bear its moniker: from Amanoi in Vietnam, to Aman Sveti Stefan in Montenegro and the hotel that started it all — Amanpuri in Phuket, Thailand. Fans of the brands — known as ‘Aman Junkies’ — are accustomed to paying its top-dollar rates, which … Read more