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News from the Japan Times
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Sumitomo to bolster shareholder returns in new midterm plan
Trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an effort to boost shareholder returns.
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Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
Japanese officials may have spent some ¥3.66 trillion ($23.59 billion) on Wednesday to pull the yen back from near 34-year lows, Bank of Japan data suggested Thursday.
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Art award show offers trippy scenes of seeing and being seen
If you’re not fazed by the possibility of being deeply unsettled, catching a performance by the Japanese artist known as Saeborg (a self-styled “imperfect cyborg that is half human and half toy”), at the Museum of Contemporary Art Tokyo, should be a good Golden Week outing.
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Harajuku strives to reclaim its former glory — and surpass it
On the corner of a main crossing in Tokyo’s trendiest district, there used to be a building called the Harajuku Central Apartment. Built in 1958, it was often regarded as the place for young creatives to gather if they needed a spark of inspiration, especially during the 1960s and 70s.
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