Japan Buys Up US Treasuries

A victim of its own actions, yields on Japanese debt have been pinned near zero ever since the Bank of Japan embarked on its aggressive bond buying program. Europe isn’t much of an option too, as yields turned negative this year on the region’s own quantitative easing.

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China Announces 2nd Rate Cut In 4 Months

On Saturday, the People's Bank of China announced that it will cut the benchmark deposit and loan interest rates by 25 basis points starting 1st March. That would put the one-year deposit rate at 2.5 percent and the one-year lending rate at 5.35 percent.

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Greece Extends Lifeline

Eurozone finance ministers agreed to extend Greece’s bailout deal for another four months, provided it came up with a list of reforms by this week. Under the deal, Greece will still live under the EU/IMF bailout which Greek Prime Minister Alex Tsipras had pledged to scrap.

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Crunch Time For Greece

This week, euro-area finance ministers prepare to reconvene in Brussels to try and break an impasse over financing Europe’s most indebted state, Greece.

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Strong Signal of US Rate Hike?

U.S. non-farm payrolls increased by 257,000 in January, capping a total gain of 1 million workers since November, the strongest three-month increase in 17 years.

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Japan holds its breath on casino bill

With the Japanese lower house of parliament currently debating a bill to legalise casino gambling, the subject of gambling is a trending topic in Japan right now. The bill is the culmination of ten years of lobbying - not least by former Tokyo Governor Shintaro Ishihara - and is seen by many as paving the way for the construction of some of the largest casino sites anywhere on earth.

A Matter of Trust

By Todd Wojnowski

“Trust me.” -- It’s perhaps the least-trustworthy sentence in existence—even children know to put their guards up when they hear it. There’s something diabolical in it that we connect with Hollywood villains and used car salesmen. Directly asking people to trust you is a sure way to tip off that they probably have no reason to, probably shouldn’t.

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Kishiwada Castle

By Bonson Lam

The Stone Garden in Kishiwada Castle brings together the present and the past in a symbolic way. It was designed by Mirei Shigemori; a famous architect and designer who also built the Kokuan tea house in Kyoto.

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The Customer Is God Delusion

By Philip Patrick

As an agnostic, I have never really felt comfortable with the whole “customer is God” philosophy. I know I’m supposed to feel charmed, but I can’t help experiencing mild embarrassment as I am showered with “welcomes” and “thank yous” and “I’ll be waiting for your next visits” by shop staff in Japan, often when I have only dropped into their store to get out of the rain. Basically, I don’t think I’ve really earned it.

Kyoto Adashino Nenbutsu-ji Temple

By Tomoko Kamishima

More than 800 stone statues sit close together at Adashino Nenbutsu-ji Temple. Splendid autumn leaves put their arms around the statues and give them a comforting hug. The location of today’s Adashino Nenbutsu-ji Temple (northwest outskirts of Kyoto) was once a location used for open-air burial.

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