A view of Tokyo’s Ginza district. Agence France-Presse
Japan’s household spending rose less than expected in February and real wages tumbled at the fastest pace in more than three years, raising concerns about the hit to the consumer sector from heightening global uncertainties. The data is likely to be discussed by policymakers worried that risks to the export sector from ongoing trade disputes may discourage firms from raising wages, which in turn would hurt consumption.
Paul Bocuse is revered in France as the ‘pope’ of the country's treasured cuisine, and gained international recognition in part for his revolutionary ‘Nouvelle Cuisine’ in the 1970s.
The abdication of Japan's outgoing Emperor Akihito and the enthronement of his son Naruhito will be solemn, ritual-bound affairs complete with sumptuous clothing and sacred paraphernalia.
Smart Dubai has successfully completed phase one of the UAEPASS initiative – its nation-wide programme for digital identity – integrating seven leading government entities to date. This allows citizens, residents, and visitors in the emirate to seamlessly access these entities’ services via smartphones,
With less than 19 months left for the inauguration of the Expo 2020, its organisers have further speed up the pace of allocating contracts to thousands of local and foreign firms to ensure timely preparation of the event, which is set to be the largest of its kind in the Arab World.
Aviation in India has attracted entrepreneurs like moths to a flame but only a few have managed to survive and thrive in a sector which has become the graveyard of all kinds of airline business models − budget, full service and hybrid. Kingfisher was one of the biggest private initiatives but it failed.
The Bank of Japan (BOJ) is expected to forecast this week that inflation will remain below its 2 per cent target through the fiscal year that ends in March 2022, sources say, a sign its massive stimulus will stay in place for the foreseeable future.