Fire kills 11 at home for elderly poor in Japan

... northern Japan. The fire broke out before midnight Thursday in Sapporo, the main city on the island of Hokkaido. (Yuya Shino/Kyodo News via AP) Kyodo News service says the building was a former inn that had been rented by the operator of the facility. ( read original story ...)

Negative rate policy sapping Japanese banks’ stamina

TOKYO -- In the nearly two years since the Bank of Japan embarked on its negative interest rate policy, the country's major banks have seen their lending operations deteriorate as their average lending rate remains stuck at under 1%. The troubles are ... ( read original story ...)

Tokyo Smoke goes public as cannabis companies eye retail

What company becomes the Starbucks of the industry, however, remains to be seen. Tokyo Smoke, owned by TS Brandco Holdings Inc., has been trying to manoeuvre into this position since 2015, carefully cultivating a hip, cannabis-centred lifestyle brand in ... ( read original story ...)