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Tag: Japan

  • WTF Fun Fact 13719 – Managing Anger with Writing

    WTF Fun Fact 13719 – Managing Anger with Writing

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    Effectively managing anger is vital in all areas of life. Recent studies by Nagoya University reveal that writing down feelings of anger and then discarding the paper can greatly reduce, if not eliminate, these emotions. This method proves simple yet powerful for those seeking immediate relief from anger.

    Write It Down, Throw It Away

    Researchers at Nagoya University have developed a technique that helps individuals manage their anger by writing down their thoughts and disposing of them. Participants in the study wrote about issues that incited criticism from evaluators. They then noted their feelings on these harsh critiques. Following this, they were instructed to either throw these notes away or keep them. Those who discarded their notes saw their anger dissipate almost entirely. This act of throwing away the paper serves as a symbolic release of negative emotions.

    This discovery has practical implications for daily life and stressful situations, particularly in business environments. Imagine you are in a tense meeting or receive frustrating news; simply write down your initial reactions on a piece of paper. Once you throw this paper away, you might feel a significant decrease in anger.

    This technique allows for quick and effective anger management, helping maintain clarity and productivity in professional settings.

    Cultural Insights and the Science of Managing Anger

    The study also connects with traditional Japanese practices like the hakidashisara, where people write down their grievances on plates and then smash them. This ritual, much like the technique studied, involves physically discarding the source of one’s upset, fostering a sense of emotional release and relief. The research from Nagoya University provides a scientific foundation for these cultural practices, showing that such physical acts can help manage and reduce feelings of anger.

    This simple yet effective method of managing anger can be a valuable tool for anyone. It encourages a healthier emotional response and could potentially reshape how we handle anger in both personal and professional contexts. As we further understand the relationship between physical actions and emotional relief, techniques like these could become more integrated into our strategies for managing daily stress and conflicts.

     WTF fun facts

    Source: “After being insulted, writing down your feelings on paper then getting rid of it reduces anger” — ScienceDaily

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  • Japan’s Popular Group Global Agents Redefines Coworking Hospitality With the Launch of .andwork’s 24/7 Digital Nomad Weekly Pass

    Japan’s Popular Group Global Agents Redefines Coworking Hospitality With the Launch of .andwork’s 24/7 Digital Nomad Weekly Pass

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    In response to Japan’s newly launched Digital Nomad Visa, .andwork introduces tailored workspace solutions integrated within hotel lobbies for international digital nomads.

    In response to the global rise of remote work and the recent introduction of Japan’s Digital Nomad Visa, .andwork, the esteemed hotel-attached coworking space brand managed by Japanese real estate giant Global Agents, proudly unveils its latest offering: the 24/7 Digital Nomad Weekly Pass. Designed to meet the dynamic needs of digital nomads, this innovative pass provides unparalleled flexibility and convenience for professionals seeking prime workspace solutions.

    As the world adapts to the new normal of remote work, Japan has emerged as a leading destination for digital nomads. Recognizing this trend, .andwork introduces weekly plans tailored to accommodate the demands of this growing demographic. With locations in the bustling districts of Shibuya and Kyoto, .andwork’s coworking spaces seamlessly blend modern amenities with traditional charm, offering spacious creative workspace in the lobbies of Japan’s most stylish boutique hotels, providing an inspiring environment for productivity and collaboration.

    Since the lifting of pandemic restrictions, .andwork has witnessed a surge in overseas visitors, with international digital nomads constituting a significant portion of its clientele. The introduction of the 24/7 Nomad Weekly Plan extends .andwork’s commitment to providing unmatched workspace experiences. Now, digital nomads can enjoy round-the-clock access to premium facilities, including high-speed internet and ergonomic workstations, at competitive rates.

    Key features of the 24/7 Nomad Weekly Plan include flexible durations ranging from 1 to 4 weeks, with locations available at .andwork Shibuya and .andwork Kyoto. Operational hours span from early morning to late night, ensuring maximum flexibility to suit diverse schedules. Prospective users are invited to register as .andwork free members and complete the application form for seamless access to the 24/7 Nomad Weekly Plan. Upon submission, an invoice and detailed usage instructions will be provided for confirmation.

    .andwork distinguishes itself with its diverse range of plans, catering to various usage scenarios and lifestyles. Affiliated with LIVELY HOTELS, .andwork attracts an international clientele, creating a melting pot of cultures and promoting meaningful cultural exchange. Multilingual staff members stand ready to facilitate seamless communication and support, ensuring that guests feel welcomed and at home. The Millennials hotels, where .andwork Shibuya and Kyoto reside, epitomize a futuristic style, drawing numerous international digital nomads.

    The company goes the extra mile to nurture community spirit. Daily free beers and regular community events serve as catalysts for interactions between guests, digital nomads, and local residents. These gatherings provide invaluable opportunities for networking, collaboration, and friendship-building. Whether it’s swapping travel stories, sharing tips on local hotspots, or embarking on recommended pub outings together, .andwork’s community events enrich the experience of exploring the area’s hidden gems.

    Established in 2005, Global Agents has a proven track record in Japan’s hospitality industry, managing a portfolio of 12 hotels and over 50 co-living apartments. .andwork is a premier coworking space brand offering flexible workspace solutions tailored to the needs of modern professionals. With locations in key destinations across Japan, .andwork combines cutting-edge facilities with a vibrant community atmosphere to foster creativity, collaboration, and success. This spring, .andwork Shibuya-Higashi, the eighth and newest location nestled within HOTEL GRAPHY SHIBUYA, will introduce a vibrant “Coffee x Work” theme, enriching the coworking experience for modern professionals.

    Source: Global Agents Co., Ltd

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  • Japanese prime minister to address Congress; House fails to pass procedural vote on FISA

    Japanese prime minister to address Congress; House fails to pass procedural vote on FISA

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    Japanese prime minister to address Congress; House fails to pass procedural vote on FISA – CBS News


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    Japanese Prime Minister Fumio Kishida will address a joint meeting of Congress Thursday with some U.S. lawmakers increasingly skeptical about America’s role abroad. CBS News congressional correspondent Scott MacFarlane has more on that and the rest of the happenings in Congress, including gridlock on the Foreign Intelligence Surveillance Act.

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  • Hawaii-born sumo champion Akebono Taro dies at the age of 54 in Japan

    Hawaii-born sumo champion Akebono Taro dies at the age of 54 in Japan

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    TOKYO (AP) — Hawaii-born Akebono, one of the greats of sumo wrestling and a former grand champion, has died. He was 54. He was the first foreign-born wrestler to reach the level of “yokozuna” — or grand champion — in Japan.

    “It is with sadness that we announce Akebono Taro died of heart failure earlier this month while receiving care at a hospital in the Tokyo area,” the family said in a statement obtained from the office of Hawaii Gov. Josh Green.

    Akebono grew up on the rural side of the Koolau mountains from Honolulu and was born Chad Rowan.

    He moved to Tokyo in the late 1980s and won his first grand championship in 1993.

    At the prime of his career he was a real giant, reported at the time to weigh 500 pounds (225 kilos) and stand 6-feet-8 — or 2.03 meters.

    The United States ambassador to Japan, Rahm Emanuel, sent his condolences on social platform X.

    “I was deeply saddened to learn of the passing of Akebono, a giant in the world of sumo, a proud Hawaiian and a bridge between the United States and Japan,” Emanuel posted.

    “When Akebono became the first-ever foreign-born grand champion, sumo’s highest rank, in 1993, he opened the door for other foreign wrestlers to find success in the sport. Throughout his 35 years in Japan, Akebono strengthened the cultural ties between the United States and his adopted homeland by uniting us all through sport.”

    Akebono was an 11-time grand tournament winner and he retired in 2001.

    The family’s statement said friends and family will hold a “private celebration of his life.” He is survived by his wife, daughter and two sons.

    ___

    McAvoy contributed from Honolulu.

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  • What’s your single best tip for traveling in Japan? Here’s what frequent visitors said

    What’s your single best tip for traveling in Japan? Here’s what frequent visitors said

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    Japan has long captivated travelers.

    But many of its most famous qualities — from the cuisine to the country’s nationwide culture of civility — can initially be befuddling for outsiders too.

    To help travelers bridge the cultural gap, CNBC Travel asked frequent visitors for their single best piece of advice when visiting Japan.

    1. Speak softly and carry your trash

    “Japanese culture is about respecting your environment and the people around you. Don’t talk on your phone on public transit and in confined areas around other people.

    Also, savoring your food is an important show of respect, so don’t eat while walking. Instead, sit down and enjoy each bite.

    And be prepared to hold onto your trash around the city while traveling and sightseeing — chances of finding a trash can are slim to none! Locals generally bring a small bag to carry the day’s trash until they get home. Japan is very clean, and you’ll find public bathrooms to be spotless compared to other countries. Basically, try to leave no trace.”

    Tyler Monahan, New Jersey-based assistant golf caddie manager married to a Japanese citizen. He has made three trips to Japan totaling 155 days.

    2. Punctuality is key (as are jazz clubs)

    “Trains are exceedingly punctual, so two minutes is a big deal — if it’s not arriving at the exact time, it’s a different train! If you miss a train in a big city like Osaka or Tokyo, another will be there in minutes, so don’t sweat it. In the countryside though, it could be hours, or tomorrow!

    Unlike trains in many cities that pull up and allow plenty of time for boarding, trains in Japan arrive and depart quickly. “Two minutes is a big deal,” said architect Henry Rose.

    Source: Oliver Horovitz

    Also, know the concept of “last train.” The whole train scene, both public and private, shuts down roughly between midnight and 5 a.m., which can seem a little early in big cities, so be warned. In rural areas, it can be much earlier. Be prepared to take a cab, or if you’re into it, explore this nocturnal world — perhaps at a jazz club that stays open until the first train starts — which in big cities is an entire economy unto itself.” 

    Henry Rose, Seattle-based architect, who has made more than 10 trips to Japan.

    3. To meet people, get Japanese business cards

    “Exchanging ‘meishi’ is a glorious, and serious, tradition in Japan. Cards are presented with both hands and a deep bow. It is also one of the most unexpected and fun icebreakers you can use to meet new people.

    The author, Oliver Horovitz (right), standing next to a man inspecting Horovitz’s meishi, or business card.

    Source: Oliver Horovitz

    Get cards printed entirely in Japanese — you can use Google Translate for the translation. The staff at Kinkos — located in all major cities in Japan — will walk you through the whole process. After this, locals will be shocked, and absolutely delighted, that you have meishi for them. During my last trip to Japan, I had 100 cards printed in Kyoto. I handed them out during the rest of the trip, always to smiles.”

    — Oliver Horovitz, New York City-based travel writer who has visited Japan three times.

    4. Bring fun socks

    “Bare feet in Japan is a big no-no. Travelers should expect to remove their shoes often in Japan and should always have socks on when they do so. The removal of shoes might even happen in places that are unexpected, like a restaurant.

    Travelers can consider tabi socks, a split-toe Japanese sock dating to the 1400s, that are worn with thonged shoes.

    Tina Horne | Istock | Getty Images

    Also, it is common to have slippers at the entrance to public bathrooms, with the expectation that restroom visitors use these slippers and return them promptly. Be sure to only pack and wear your best (clean and hole-free) socks while in Japan. If you have a collection of fun or interesting socks, wear them in Japan where they can actually be seen and admired!” 

    Jolaine Pfeifer, Aspen, Colorado-based school administrator. She has made nine trips to Japan, on top of spending her middle and high school years in Yokosuka.

    5. Don’t knock convenience stores

    “Rest assured, the only resemblance these little oases have to their U.S. counterparts is in the name! Stores like 7-Eleven and Lawson are immaculately clean and have just about anything you might need, including a few go-to items that I seek out each time:

    • A great selection of onigiri, which are sandwich-sized rice triangles wrapped in seaweed and filled with things like salmon, tuna, eggs and pickled plum.

    Participants taste onigiri at a product meeting for 7-Eleven Japan in Tokyo on Jan. 23, 2024. Staff and suppliers gathered to discuss flavors, textures and fillings for the Japanese riceballs, one of 7-Eleven’s most important products, with more than 2 billion sold each year.

    Noriko Hayashi | Bloomberg | Getty Images

    • The coffee — especially at 7-Eleven. The automated state-of-the-art machines grind the beans and brew some of the best coffee I’ve had, with lots of preference options like temperature, brew strength, milk, sweeteners and flavors.
    • These little bottles of flavored vitamin C shots called You-C1000, which I greatly appreciated in the winter on Hokkaido backcountry ski adventures. They come in tasty flavors like apple, orange or lemon and are a handy way to get vitamin C daily.”

    Jeffrey Cole, Colorado-based leadership coach, who has made four trips to Japan, spanning the northern island of Hokkaido to the southern island of Miyakojima.

    6. Hire a guide – even if you think you don’t need one

    7. Shop at Tokyu Hands

    “Not only is the layout a blast, with a different department on every level — but the merchandise is extensive and unique. There are 60 stores around the country, and they focus on hobby, home improvement and lifestyle products.

    It’s a great place to find affordable, non-touristy gifts. They have the best pens, papers, and organizers, as well as camping supplies — if it’s small, efficient, and practical, they have it! 

    Tokyu Hands, which has been rebranded to Hands, is famous for selling themed household and beauty novelty items.

    Source: Oliver Horovitz

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  • Lindsey Horan’s penalty kick gives US a 2-1 win over Japan in SheBelieves Cup

    Lindsey Horan’s penalty kick gives US a 2-1 win over Japan in SheBelieves Cup

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    Lindsey Horan scored on a penalty kick in the 77th minute and allowed the United States to get past Japan 2-1 in the SheBelieves Cup at Mercedes-Benz Stadium Saturday afternoon in Atlanta.

    Japan forward Kiko Seike dashed down the wing and evaded a defender with a shot that was out of the reach of U.S. goalkeeper Alyssa Naeher. With Seike’s goal in the first thirty seconds, it was the earliest the United States allowed a goal since 2003.

    Notably, there were 50,644 fans at Mercedes-Benz Stadium, a record for a friendly match for the United States women on home soil. It was also the largest crowd for a women’s game in the United States since the 1999 World Cup final.

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  • The world’s tastiest dumplings | CNN

    The world’s tastiest dumplings | CNN

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    CNN
     — 

    How to define a dumpling? In its most basic sense, it’s a pocket of dough filled with some form of savory or sweet stuffing.

    And the easy ideas are surely the best, because dumplings are a popular food across the globe: both simple and complex, local and global, adaptable yet fixed in their home regions as cheap, tasty staples to snack on.

    Here are no fewer than 35 of our favorites around the world to get your taste buds flowing.

    Xiaolongbao dumplings contain aspic, and are pinched, instead of folded.

    Served steamed in bamboo baskets, xiaolongbao look different from other types of Chinese dumplings, as the skin is gathered and pinched at the top instead of folded in half.

    Xiaolongbao are also unique in that aside from the traditional pork filling, a small piece of aspic is folded into the dumpling, which melts when steamed.

    Thanks to the broth, the filling stays moist and flavorful.

    Ravioli: Far from a predictable pocket.

    Italy is, of course, the global home of filled pasta, and ravioli is one of its most famous offerings – so famous that it has been exported across the world.

    Ravioli – as well as other Italian filled pastas – can be packed with anything from meat to cheese to vegetables, or any combination thereof.

    If the processed canned or bagged varieties familiar to lazy college students makes up your only impression of ravioli, rectify that as soon as possible. Preferably with a trip to Rome.

    The Sichuan spicy wonton is also known as chao shou.

    The spicy Sichuan wonton, or chao shou, comes to the table drenched in a spicy chili oil flavored with Sichuan peppercorn and a black vinegar sauce.

    The chao shou is boiled and the very best specimens are so slippery they’re nearly impossible to pick up with chopsticks.

    The combination of savory meat, smooth wonton skin and tongue-numbing sauce, makes for the most pleasant runny nose you’ve ever had.

    Central Asia's take on East Asian dumplings.

    Manti hail from Central Asia – they’re eaten in places such as Turkey, northwestern China, Azerbaijan and Kazakhstan – and are very closely related to East Asian variants of dumplings.

    Adopted by Turks who traveled across Central Asia during the Mongol Empire, these dumplings can be filled with lamb, beef, quail or chicken – or be left unfilled.

    Turkish manti are served with yogurt and spiced with red pepper and melted butter.

    Bryndzové halušky is a national dish in Slovakia.

    A national dish in Slovakia, bryndzové halušky is a dish of potato dumplings served with bryndza, a Slovakian sheep’s cheese, and sprinkled with bacon or pork fat.

    Siomay is closely related to the Cantonese dim sum snack, shumai.

    A steamed fish dumpling served with vegetables and peanut sauce, think of siomay as the Indonesian street food equivalent of shumai, traditionally found in Cantonese dim sum restaurants.

    Adopted from Chinese Indonesian cuisine, the most popular variant of siomay is found in Bandung. The best way to sample these dumplings is from a street vendor carting a steamer on his bicycle.

    A dumpling worth fighting for.

    The Hong Kong-style shrimp wonton is a thick dumpling holding shrimp and minced pork. It’s commonly served with thin egg noodles or on its own in a seafood broth.

    Many a heated debate over the best shrimp wonton has been heard locally, but there’s never any arguing over its prime place in the Hong Kong diet.

    Ready to polish off a pile of these?

    Originating in Central and Eastern Europe, pierogi are most commonly thought of as Polish.

    These dumplings can be stuffed with potato, minced meat, cheese, fruit or sauerkraut. They’re usually boiled, then pan-fried in butter with onions.

    This finishing flourish is the selling point of the dish, adding another layer of flavor.

    Modak is a sweet treat best savored at home.

    Modak is a sweet from Maharashtra, offered to Lord Ganesha during Ganesh Chathurthi, the festival dedicated to him every year between August and September.

    The teardrop-shaped dumpling is kneaded from rice flour and stuffed with coconut and jaggery – an unrefined whole cane sugar.

    Dushbara are classic Azerbaijani comfort food.

    These Azerbaijani dumplings are filled with lamb or beef, and usually served in broth.

    Rather like the most fiddly of Italian pasta dumplings, they’re folded by hand, a process made more difficult by their small size. Vinegar and garlic sauce tops it off with an extra kick.

    Carbtastic kartoffelknoedel

    Found across Germany, kartoffelknoedel, or potato dumplings, usually accompany meat dishes.

    The Bavarian variant combines both raw and cooked potato, stuffed with a crouton or bread filling.

    Coxinha are fried dough balls with shredded chicken inside.

    This is a popular street food in Brazil: effectively chicken dumplings, made from fried dough with shredded chicken in the middle.

    They’re shaped in the form of a teardrop, supposedly to resemble a chicken thigh – the dish was originally made from thigh meat. Some add potato to the dough before frying, for an extra carby oomph.

    Pelmeni are anything but sweet.

    Pelmeni are Russian dumplings from Siberia, likely introduced to Russian cuisine by the Mongols.

    Similar to Chinese jiaozi, Turkish manti and eastern European pierogi, pelmeni are distinguished by the thickness of the dumpling skin.

    Pelmeni may be stuffed with anything from meat to mushrooms to cheese, but never with anything sweet.

    Don't listen to the haters. Dim sim is a worthy dumpling.

    Some dumpling purists say that the Australian dim sim is merely a bastardized version of Chinese dumplings.

    But we say, if a dumpling has fans standing in line, it’s a worthy dumpling.

    Dim sim is a combination of meat or fish mixed with cabbage and enclosed in a wrapper. It may be steamed, deep-fried or barbecued, and is usually much larger than a Chinese dumpling.

    Dim sims usually taste gingery – a feature of westernized Chinese cuisine found in Australia, North America and Europe.

    Brik is a spectacularly gooey Tunisian speciality.

    The word “brik” is thought to derive from Turkish, but this is a thoroughly Tunisian dumpling, a deep-fried triangle of deliciousness, often with an egg popped inside for extra gooey flavor. It can be filled with tuna, harissa and parsley, or anything from capers to cheese and meat.

    You can have your banh bot loc both ways.

    Banh bot loc are Vietnamese pork and shrimp dumplings, with wrappers made from tapioca flour.

    When cooked, tapioca flour becomes clear, giving the dumpling its appearance and the wrapper its chewy texture.

    There are two major variants: wrapped in banana leaves and steamed, or boiled.

    Argentina does a great line in empanadas.

    If you’ve ever been to Argentina (or neighboring Latin American countries) you’ll almost certainly have eaten an empanada: pastry stuffed with meat, fish or other fillings, then baked or fried.

    In Argentina, the traditional fillings depend on where you are – olives are often worked into the filling in Mendoza, for example. Usually, though, you’ll have a choice of meat – chicken and beef are classics.

    Tangyuan is a favorite treat during the traditional Lantern Festival.

    Tangyuan is a Chinese dessert – sticky balls made from glutinous rice flour containing a sweet filling, such as ground peanuts or black sesame paste, and served in a bowl of sweet soup or rolled in ground peanuts.

    Some tangyuan are served as smaller, unfilled rice balls in a soup made from cane sugar.

    In dessert shop chains all over Hong Kong, tangyuan are served with ice cream, topped with a drizzle of syrup.

    Chicken and dumplings

    Chicken and dumplings is a prime comfort food in the USA.

    Chicken and dumplings is probably the ultimate in Southern comfort food in the United States.

    Chicken soup is a dish found all over the world, but the addition of dumplings gives the soup an extra something.

    American dumplings are usually a mix of flour, vegetable shortening and milk – in this case, dropped directly into the chicken broth. The broth may be a clear chicken soup, or thickened with flour or cream.

    Kimchi mandu

    Kimchi wrapped up in a dumpling? Yes, please.

    Mandu, the Korean take on dumplings, are more closely related to manti found in Central Asian cuisine than to Chinese or Japanese dumplings.

    Mandu are often folded into circular shapes, a technique rarely found in Chinese cuisine.

    As ubiquitous as kimchi is in Korea, it was probably inevitable that somewhere along the way someone would chop up kimchi and stick it in a dumpling.

    Italians flock to Alto Adige for traditional canederli.

    When winter nights are closing in and the temperatures are dropping, what could be better than a golf ball-sized dumpling made from bread, stuffed with things like speck (a type of cured ham), cheese and onion, washed down with a tanker of beer?

    Italians flock to Alto Adige, the autonomous region in the north of the country, which was part of Austrian Tyrol until being annexed to Italy under Fascism, for these traditional Tyrolean dumplings. Eat them in broth, or order a plateful (some restaurants do canederli “flights” of different fillings). Just be warned – these are huge, and you’ll likely find your eyes are far bigger than your stomach.

    Bawan dumplings are steamed and then deep fried.

    Bawan is a Taiwanese street snack commonly found in night markets around the island.

    A translucent wrapper made from rice flour, corn starch and sweet potato starch holds a stuffing of pork, bamboo shoots and mushrooms. Bawan is served with a sweet and savory sauce.

    The dumplings are steamed, then deep-fried to keep the wrapper from drying out.

    Endless filling possibilities.

    Momo are dumplings found in northern Indian, Nepali and Tibetan cuisine. They may be filled with meat, vegetables or cheese, and are usually served with a tomato-based dipping sauce.

    Enterprising Nepali vendors in Kathmandu have also taken to filling momos with Snickers and Mars bars, especially in areas frequented by tourists.

    Uzka are usually served in soup.

    Uszka are similar to Polish pierogi – the word “uszka” means “little ears” in Polish. They’re usually filled with minced meat and mushrooms and put in borscht soup.

    Uszka stuffed with bolete mushrooms and chopped onions without meat are served in clear borscht for Christmas Eve meals in Poland.

    Gyoza are a kin to Chinese pot stickers.

    Related to Chinese pot stickers, Japanese gyoza tend to be made with thinner wrappers and filled with minced pork.

    Frozen gyoza are found in most grocery stores all over the world, but the best restaurants for gyoza always turn out to be holes-in-the-wall outside of Tokyo subway stations.

    For the love of fried cheese.

    Found on Chinese takeout menus in the United States, crab rangoon are deep-fried dumplings served as a side dish.

    They’re stuffed with cream cheese and imitation crab meat made from a fish-based paste.

    It may not be an authentic Chinese dish, but love of fried cheese crosses cultures.

    Teochew fun gor is stuffed with a delicious mix of shrim, pork, veggies and peanuts.

    Not your typical pork-filled dumpling, the Teochew fun gor is usually packed with peanuts, chives, dried shrimp, pork, radish, mushrooms and cilantro.

    The wrapper is made of a combination of wheat flour, tapioca flour, corn starch and potato starch, giving the fun gor its translucent appearance.

    Teochew fun gor is most popular in Cantonese dim sum restaurants.

    Samosas are a tasty triangular treat.

    Usually triangular in shape, samosas are a deep-fried snack popular in south and southeast Asia.

    They may be filled with a variety of stuffings, including potato, onions, peas, lentils and ground lamb.

    A dumpling of one's own.

    Straddling Eastern Europe, Russia and Central Asia, it’s not surprising that Georgia has its own dumpling.

    The khinkali resembles the xiaolongbao. It’s formed by gathering the pleats of the wrapper at the top and stuffed with spiced beef and pork.

    Khinkali are usually served with coarse ground black pepper.

    Gnocchi, a dumpling heavyweight.

    Gnocchi are small, thick pasta shapes that can be made from semolina flour, potato, flour, eggs, cheese – or a combination of the lot. They originated in northern Italy, though are eaten throughout the country today, with recipes varying from region to region.

    Gnocchi are prepared like other pasta dishes, and may be served in tomato-based sauces, pesto sauces or with any other sauce you might find on pasta.

    The perfect gift.

    Duty-free shops in Japanese airports are packed with what look like mountains of pre-wrapped boxes of Japanese treats. Many of these boxes actually contain daifuku.

    They are a type of mochi (glutinous rice cakes), only they’re stuffed – usually with sticky-sweet red azuki.

    Daifuku are popular as gifts in Japan – specialty stores that create a dazzling array of varieties move countless boxes over holiday periods.

    Travel to Amish Pennsylvania and you'll come across delicious apple dumplings.

    The apple dumpling is popular across the United States, and common among the Amish, especially in and around Pennsylvania.

    A peeled and cored apple is stuffed with cinnamon and sugar, then wrapped in a piece of dough and baked until the apple becomes tender. The pairing of the apple dumpling, fresh from the oven, with a scoop of vanilla ice cream on top makes for a divine dessert.

    Ravioli del plin is a super-thin filled pasta from Piedmont.

    Every region of Italy produces its own filled pasta, of course, but these, from southern Piedmont, are particularly prized. Much smaller than regular ravioli – they’re barely bigger than Bolognese tortellini – they’re filled with either a meat mix (which often includes rabbit) and served with a glaze of meaty sauce, or contain a vegetable mix, often cabbage with rice.

    As well as being small in size, the pasta is also rolled super thin, so the dumplings seem to melt in the mouth. “Plin” isn’t the place where they came from; the word derives from a local dialect word for “pinch,” as the pockets are pinched together by hand.

    Shish barak are lamb dumplings served with yoghurt.

    This is the ultimate Lebanese comfort food: lamb dumplings, similar to manti, and served drenched in yoghurt – usually goat, rather than cow, to give the flavor a bit more bang.

    The lamb is mixed with pine nuts and spices before being wrapped in the dough, and slow-cooked in the yoghurt with water. It’s labor-intensive – requiring constant stirring, to keep the consistency.

    Ashak, from Afghanistan, are vegetarian.

    These vegetarian dumplings hail from Afghanistan, and are also similar to manti. Recipes vary, but the stalwart is some kind of green vegetable inside – which can be chives, scallions, or celery, as they make it in Venice’s refugee-run Orient Experience restaurant.

    Ashak are normally topped with a stewy lentil kind of sauce, and yogurt.

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  • Images from deep inside Japan’s Fukushima nuclear plant show daunting scale of clean-up job

    Images from deep inside Japan’s Fukushima nuclear plant show daunting scale of clean-up job

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    Japan releases water from Fukushima disaster


    Japan starts releasing treated radioactive water from Fukushima nuclear disaster into Pacific

    01:48

    Tokyo — Images taken by miniature drones from deep inside a badly damaged reactor at the Fukushima nuclear plant show displaced control equipment and misshapen materials but leave many questions unanswered, underscoring the daunting task of decommissioning the plant.

    The 12 photos released by the plant’s operator are the first from inside the main structural support called the pedestal in the hardest-hit No. 1 reactor’s primary containment vessel, an area directly under the reactor’s core. Officials had long hoped to reach the area to examine the core and melted nuclear fuel which dripped there when the plant’s cooling systems were damaged by a massive earthquake and tsunami in 2011.

    Earlier attempts with robots were unable to reach the area. The two-day probe using tiny drones was completed last week by Tokyo Electric Power Company Holdings, or TEPCO, which released the photos on Monday.

    About 880 tons of highly radioactive melted nuclear fuel remain inside the three damaged reactors. TEPCO is attempting to learn more about its location and condition to facilitate its removal so the plant can be decommissioned.

    Japan Nuclear Fukushima
    This image taken by a drone and provided by Tokyo Electric Power Company Holdings (TEPCO) shows a snake-shaped robot designed to assist a drone inside the No. 1 reactor, as a drone probes inside the worst-hit reactor at the wrecked Fukushima Daiichi nuclear power plant in Okuma town, northeast Japan, March 14, 2024.

    TEPCO via AP


    The high-definition color images captured by the drones show brown objects with various shapes and sizes dangling from various locations in the pedestal. Parts of the control-rod drive mechanism, which controls the nuclear chain reaction, and other equipment attached to the core were dislodged.

    TEPCO officials said they were unable to tell from the images whether the dangling lumps were melted fuel or melted equipment without obtaining other data such as radiation levels. The drones did not carry dosimeters to measure radiation because they had to be lightweight and maneuverable.

    The drone cameras could not see the bottom of the reactor core, in part because of the darkness of the containment vessel, officials said. Information from the probe could help future investigations of the melted debris which are key to developing technologies and robots for its removal, they said.

    Japan Nuclear Fukushima
    This image taken by a drone and provided by Tokyo Electric Power Company Holdings (TEPCO) shows displaced equipment and misshapen materials inside the No. 1 reactor at the wrecked Fukushima Daiichi nuclear power plant in Okuma town, northeast Japan, March 14, 2024.

    TEPCO via AP


    But the large amount that remains unknown about the interior of the reactors suggests how difficult it will be. Critics say the 30-40 year target for the plant’s cleanup set by the government and TEPCO is overly optimistic.

    The daunting decommissioning process has already been delayed for years by technical hurdles and the lack of data.

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  • Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale

    Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale

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    An employee checks the external casing with a spirit level in a modular house at the Tophat factory in Foston near Derby, UK, on Tuesday, Sept. 12, 2023.

    Bloomberg | Bloomberg | Getty Images

    The idea of using pre-assembled components in housebuilding is far from new.

    Modern tech-enabled versions of modular housing promise a faster, more sustainable solution to housing crises, according to experts. But the sector has seen better adoption in some countries compared to others where it has failed to scale — such as the U.K.

    Prefabrication has existed in many forms, from the defenses used by William the Conqueror in his invasion of England in 1066 to Sears’ mail-order homes in the U.S. in the early 1900s.

    Fast forward a century and entire modules can be built in factories to then be combined to create houses in just weeks. Speed is just one advantage that modular homes offer compared with traditional construction, a factor which is key in countries such as the U.K. which continues to face shortages of affordable housing.

    The fact that modular housing is also made in a controlled factory environment means less waste is generated, while also resulting in more energy-efficient homes. Andrew Shepherd, managing director at British modular developer TopHat Communities, told CNBC that the firm’s factory had sent “zero waste to landfill” in the last three years.

    Building entire sections in one place also means fewer delivery trips to sites, Shepherd explained. A 2022 report from industry group Make UK Modular highlighted that 80% fewer vehicle movements were needed to development sites with modular building.

    Another study by academics at the University of Cambridge and Edinburgh Napier University, published in 2022, found that modular home construction can result in 45% less embodied carbon. This refers to the emissions generated in the construction process, including the making and transportation of materials.

    ‘A very tough business’

    Despite these benefits, the sector has seen a number of setbacks in recent years and it remains relatively nascent in the U.K. and U.S.

    In January, it was reported that U.K. firm Modulous had entered into liquidation after failing to find a buyer. In the U.K. last year, Ilke Homes collapsed, while Legal & General moved to wind down its modular housing factory. One of the most high-profile failures in the sector was SoftBank-backed Katerra in the U.S., which filed for bankruptcy in 2021.

    Jonatan Pinkse, professor of sustainable business at King’s College London, highlighted that part of the challenge for modular construction firms is that they first have to spend money on building a factory in which to construct modules and then need to have the projects in the pipeline to pay for this investment.

    He suggested that this presented more difficulty when coupled with the headwinds that also affected the wider construction sector, including higher energy costs and interest rates, as well as a cost-of-living crisis in many nations prompting people to hold off on house buying.

    “And if you then can’t profit from a market that is actually going up, but instead is going down, then the problem is simply that [firms] can’t earn back their money fast enough, and investors then lose their trust in the business model,” Pinkse told CNBC.

    Pinkse was one of the co-authors on research, published last year, which highlighted some of the issues limiting the use of modular, also known as 3D (volumetric) factory-manufactured modular homes, as the most advanced form of modern methods of construction (MMC).

    Bill Gates: Climate adaptation a priority as global warming 'likely above our goals'

    Suzanne Peters, who also co-authored the research and is a research associate at Alliance Manchester Business School, told CNBC that the construction sector more broadly is a “very tough business” with a higher amount of failures versus other industries. Provisional data from the U.K.’s Insolvency Service, published in January, showed that the construction industry experienced the highest number of insolvencies of any sector in England and Wales in 2023, with 4,371 companies going bust. This equated to nearly one in five insolvencies.

    Similarly, Daniel Paterson, director of government affairs at Make UK Modular, said that the modular housing sector had faced a “series of unfortunate events,” as the industry had essentially only launched in the U.K. in its current format in 2016/17. He explained that firms then need around 18 months to build factories, meaning it wasn’t long before the Covid-19 pandemic hit, along with the economic headwinds that followed.

    Perceptions based on previous versions of prefabrication was another issue, according to Richard Valentine-Selsey, head of European living research and consultancy at Savills Research.

    He told CNBC that, in the U.K., there is the “1960s hangover from prefabrication and the kind of connotations that has with lower quality, things that don’t last and all the kind of negative impacts of that from the building boom post-war.”

    In addition, he said that the “construction industry is quite a conservative beast and finds it very challenging at times to change and think forward and innovate unless their forced to do it, which has kind of led to flirtation with new methods but no kind of wholesale change towards delivering using modular.”

    Leaders in modular 

    Sweden and Japan are the countries cited as leaders in prefabrication. Savills Research highlighted in 2020 that 45% of homes in Sweden were built using offsite construction. In Japan, it said MMC was used in building 15-20% of new homes, though that still equated to between 150,000 and 180,000 homes a year.

    By comparison, a Make UK Modular report published last year said more than 3,000 modular homes were being built in the U.K. annually, though there was capacity to build five times that number. A 2023 McKinsey & Company report, meanwhile, said that less than 4% of current U.S. housing stock had been built using modular methods.

    In Sweden, one of the major players in this space is BoKlok, which is jointly owned by construction firm Skanska and homes and furniture company Ikea, and has been around since the mid-1990s.

    A crane lifts a prefabricated residential housing module onto an apartment block at a modular rental property construction site, operated by Vonovia SE, in Berlin, Germany, on Thursday, Sept. 26, 2019. 

    Bloomberg | Bloomberg | Getty Images

    Shepherd pointed out that Sweden is also “not a country where you can build 12 months of the year.”

    “They have very deep winters with limited daylight, so there is an incentive to look at an alternative construction process to keep people working all year, to get houses delivered at the volume needed,” he explained.

    Valentine-Selsey said that in Japan there was also a difference in the approach to residential buildings. “In Japan, the value of the building depreciates over about 30 years, so by the end of that you kind of knock it down and rebuild it because it is worthless,” he explained, making new building methods useful, given that the delivery of new homes is higher.

    Optimistic outlook 

    Looking at these examples, could methods such as modular help tackle the U.K.’s affordable housing shortage?

    The current U.K. government has the target of building 300,000 homes a year, but 234,400 were built in 2022-23. Keir Starmer, the leader of the U.K.’s opposition Labour party, has pledged to build 1.5 million homes within a five-year term if his party is elected.

    “That’s 300,000 houses a year, and there is zero chance … of that happening if there is not some form different approach adopted,” Shepherd said.

    Looking ahead, Valentine-Selsey said he was an “optimist” in his outlook for the modular sector. “I think we’re probably going to see an uptake again over the next five to 10 years,” he said.

    However, he believed that greater adoption of other types of MMC, such as panelized solutions, was more likely, but thought “modular will form part of that new mix of delivery.”

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  • Japan court rules ban on same-sex marriage is ‘unconstitutional’

    Japan court rules ban on same-sex marriage is ‘unconstitutional’

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    Japan is only G7 nation that excludes same-sex unions with conservative government criticised as stonewalling diversity.

    A high court in Japan has ruled that the country’s ban on same-sex marriage is “unconstitutional” as pressure mounts for such unions to be legalised.

    On Thursday, the Sapporo High Court said not allowing same-sex couples to marry violates their fundamental right to have a family, and called for urgent government action to address a lack of laws allowing same-sex unions.

    A lower court in Tokyo issued a similar ruling earlier on Thursday, becoming the sixth district court to do so.

    But the Tokyo District Court ruling was only a partial victory for Japan’s LGBTQ community calling for equal marriage rights, as it does not change or overturn the current civil union law that describes marriage as between a man and a woman.

    Japan is the only member of the Group of Seven (G7) nations that still excludes same-sex couples from the right to legally marry and receive spousal benefits.

    Support for marriage equality has grown among the Japanese public in recent years, but the governing Liberal Democratic Party, known for its conservative family values and reluctance to promote gender equality and sexual diversity, remains opposed to the campaign.

    ‘Groundbreaking’

    Amnesty International said Thursday’s rulings were “groundbreaking”.

    “The court decisions today mark a significant step towards achieving marriage equality in Japan. The ruling in Sapporo, the first High Court decision on same-sex marriage in the country, emphatically shows the trend towards acceptance of same-sex marriage in Japan,” said the group’s East Asia researcher Boram Jang.

    “By recognizing that the government’s ban on same-sex marriage is unconstitutional, these rulings make clear that such discrimination has no place in Japanese society,” the statement said, adding that the government now needs to be proactive in moving towards the legalisation of same-sex marriage so that couples can fully enjoy the same marriage rights as their heterosexual counterparts.

    The high court does not have the power to overturn the constitution.

    Five previous courts delivered varying rulings in the past two years before Thursday with some upholding the current law – while raising concerns about protecting individuals’ rights – and others ruling against it.

    Dozens of advocacy groups have pushed for anti-discriminatory laws. About 8 percent of the more than 120 million population in Japan identify as being a sexual minority.

    Views about same-sex marriage in Japan have shifted in recent years, with some 68 percent of the population saying they favour a law legalising it, according to a 2023 survey by the Pew Research Center.

    Hundreds of municipalities throughout Japan allow same-sex couples to enter partnership agreements but their rights are limited.

    Partners cannot inherit each other’s assets or have parental rights to each other’s children, hospital visits are not guaranteed, and spousal benefits cannot be collected.

    Last July, the government passed a “fostering LGBTQ understanding” law that stipulates “there should be no unfair discrimination” against sexual minorities, but critics argue it is not strong enough.

    “The law passed by the government last year to ‘promote understanding’ of LGBTI people is not enough,” Amnesty said. “There need to be concrete, legal measures in place to protect same-sex couples and the LGBTI community in Japan from all forms of discrimination.”

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  • Banning same-sex marriage is unconstitutional, a Japanese high court rules

    Banning same-sex marriage is unconstitutional, a Japanese high court rules

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    Tokyo — A Japanese high court ruled Thursday that denying same-sex marriage is unconstitutional and called for urgent government action to address the lack of any law allowing such unions.

    The court doesn’t have the power to overturn the current marriage law, which has been interpreted to restrict marriage as between a man and a woman. Government offices may continue to deny marriage status to same-sex couples unless the existing law is revised to include LGBTQ+ couples, or a new law is enacted that allows for other types of unions.

    The Sapporo High Court ruling said not allowing same-sex couples to marry and enjoy the same benefits as straight couples violates their fundamental right to have a family.

    A lower court issued a similar ruling earlier Thursday, becoming the sixth district court to do so. But the Tokyo District Court ruling was only a partial victory for Japan’s LGBTQ+ community calling for equal marriage rights, as it doesn’t change or overturn the current civil union law that describes marriage as between a man and a woman.

    Japan LGBTQ+
    A supporter of the LGBTQ+ community holds up a poster on March 14, 2024 as plaintiffs speak in front of media members at the main entrance of the Tokyo District Court after hearing the ruling regarding LGBTQ+ marriage rights, in Tokyo, Thursday, March 14, 2024. The poster reads, “Legalize the same-sex marriage.”

    Hiro Komae / AP


    Five previous court decisions in various districts said Japan’s policy of denying same-sex marriage is either unconstitutional or nearly so. However, unlike the Sapporo ruling, none of the low-level courts clearly deemed the existing marriage law unconstitutional

    Japan is the only country among the so-called G-7 industrialized nations that doesn’t allow same-sex marriage. But, reports CBS News correspondent Elizabeth Palmer, momentum for change is growing, thanks in large part to couples who’ve stepped out of the shadows to push for equality and inclusion — despite the personal risks.

    Palmer says banners and the bunting were hung in July for Tokyo’s first full-scale Pride parade since the coronavirus pandemic. It was both a party, and a political rally to press for same-sex marriage rights.

    U.S. Ambassador Rahm Emanuel joined the crowds and lent his vocal support, saying he could already “see a point in Japan’s future” when, “like America… where there is not straight marriage… not gay marriage… there’s only marriage.”

    Proudly joining the parade that day were Kane Hirata and Kotfei Katsuyama, who have become poster boys for the cause.

    Asked why they believe their country is the only one in the G-7 that doesn’t yet allow same-sex marriage, Katsuyama told CBS News Japan’s ruling political party has close ties with fringe religious sects and staunchly conservative anti-LGBTQ groups.

    A powerful right-wing minority in Japan’s parliament has managed for years to block major changes to the country’s marriage laws.  

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  • CNBC Daily Open: Sticky inflation muddies water for Fed

    CNBC Daily Open: Sticky inflation muddies water for Fed

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    A man shops for fruit at a grocery store on February 01, 2023 in New York City.

    Leonardo Munoz | Corbis News | Getty Images

    This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

    What you need to know today

    Stocks rally
    Wall Street
    closed higher on Tuesday with the S&P 500 hitting a fresh record, up 1.1%. The blue-chip Dow gained over 200 points, while the Nasdaq added 1.5% as U.S. inflation data came in mildly higher than expected in February. 

    Record shareholder payouts
    Shareholder payouts hit a record $1.7 trillion last year, according to a new report by British asset manager Janus Henderson. Nearly half of the world’s total dividend growth came from the banking sector, which delivered record payouts as rising borrowing costs lifted lenders’ margins, the report found. 

    Boeing crisis hurt airlines
    CEOs from several airlines say Boeing’s delivery delays have forced the carriers to change their growth plans. Boeing’s crisis has deepened since a door plug blew out midflight from an Alaska Airlines Max 9 in January. Southwest Airlines, Alaska Airlines and United, are some of the top buyers of Boeing’s aircraft that have been impacted by its problems.

    Citadel on rate cuts
    Inflation tailwinds remain and the Fed shouldn’t cut rates too quickly, says Citadel founder and CEO Ken Griffin. “If I’m them, I don’t want to cut too quickly,” he noted, adding that it will be “more devastating” if they have to change direction after initially cutting rates. “I think they are going to be a bit slower than what people were expecting two months ago in cutting rates.”

    [PRO] Buy or sell Nivida?
    Nvidia’s stock has surged over 200% in 2023 alone, powered by the global AI frenzy. Is it time to take profit or should investors stay the course? Experts who currently hold the chip giant’s stock share their insights.   

     

    The bottom line

    Once again, inflation came in hot for a second straight month.   

    February’s consumer prices data was a touch better than January’s troubling inflation print. 

    Still, core inflation — which excludes food and energy — was stronger than expected, up 0.4% last month, which reflects lingering stickiness in price pressures.

    Investors don’t expect that latest data to move the needle on the Fed cutting rates in June. That could be why markets have had a more muted reaction to the news.

    “We have the numbers we have and this wasn’t great news for the Fed but markets don’t see it as a big threat to rate cuts later in the year,” Kathy Jones, chief fixed income strategist at Charles Schwab, said on X.

    Yet, the hot print poses a problem for the Fed and muddies the water for its deliberations on the coming rate cuts.

    “The long-term disinflation trajectory probably has not changed, but the path to the Federal Reserve’s 2% target will be choppy,” noted LPL Financial chief economist Jeffrey Roach. “Expect to see markets struggle with what this means for Fed policy.”

    There is a lot riding for Wall Street when the central bank meets next week. Investors’ main focus will be on whether the Fed will continue to pencil in three rates for this year or will officials decide to change course.

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  • Can women and foreigners help drive a ramen renaissance to keep Japan’s noodle shops on the boil?

    Can women and foreigners help drive a ramen renaissance to keep Japan’s noodle shops on the boil?

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    Tokyo — Japan’s ubiquitous ramen shops have long served that most-proletarian of dishes at no-frills counters, where customers unceremoniously slurp and gulp their way through boiling-hot bowls of noodles. 

    But while the ramen joints were long an almost exclusively male domain, the cement-floored greasy spoons of yore are giving way to hip décor, handcrafted crockery, and — hang onto your chopsticks — fusion flavors. And women are lining up.

    Rise of the “Ramen Girls”

    The English-language edition of Japan’s Nikkei daily recently noted a “new culture of ‘girl ramen’” sweeping the culinary landscape.

    In the article, cultural commentator Kaori Shoji traced the trend back to 2015, when the first “Ramen Girls Festival” was held in Yokohama. The festival’s founder, Satoko Morimoto, also sells a line of pasta-motif, diamond-encrusted jewelry.

    ramen-japan-soup.jpg
    T’s Restaurant, a chain of vegan ramen shops popular with women and tourists, serves noodles with atypical toppings including fresh lettuce, watermelon radish and soy meat.

    CBS News/Lucy Craft


    The feminization of ramen is a testament to broader socio-economic currents, specifically the ferocious buying power of Japan’s working women, who numbered a record 30 million in 2022.

    Anyone looking for a female-friendly ramen joint now need look no further than the social media feeds of Morimoto’s proud fellow noodle-heads, such as Instagram’s Tokyo Ramen Women or guitarist and bar owner Riona Aizawa, who says she consumed 461 bowls last year alone.

    “I’m getting an umami sensation before the miso flavor hits my tastebuds!” the unnamed female host of the “Delicious Hokkaido” Facebook page enthused in a recent post, visibly deep in the throes of ramen rapture. 

    She waxed eloquent on the sweetness of the vegetable paste-infused soup, the absence of an aftertaste, the crunchiness of the delicately-chopped scallions, and how “the noodles hold their own,” with a flavor palette distinct from the aromatic soup they accompanied.

    When it comes to rating ramen, women reviewers zero in on everything from whether the slices of braised pork are tender to the brand pedigree and chewiness of the noodles. Female diners, if online reviews are any guide, tend to gravitate to lighter soups. The standard ingredient lard — if used at all — shouldn’t be shoveled in, many say, but delicately float in small morsels on the surface of the broth.

    Ramen and romance

    Matchmaking website Koigaku has counseled those searching for love on the pitfalls and pluses of “ramen dates,” noting that ramen shops present a potential minefield of embarrassing slurping, stained garments and potent breath. 

    tokyo-ramen-shop.jpg
    Traditional standbys like the Kaotan ramen shop, a no-nonsense noodle counter in central Tokyo, have been rapidly disappearing.

    CBS News/Lucy Craft


    But with the right strategy, the site suggests, even ramen can pave the road to romance. 

    “Nowadays more ramen shops are stylish,” Koigaku notes, “with menus geared to women.”

    The website goes on to highlight the unsung benefits of dining on Japan’s soul food on a date: “Like fast food, ramen shops rarely require reservations, and the meal ends quickly.” 

    At a mere ¥1,000 per person (less than $7) or so, ramen is also cheap enough to split without engendering ill will and, needless to say, mitigating risk in case of a dine-and-dash scofflaw. 

    But Koigaku does advise against ramen on first dates — and diners are warned not to wear white jeans.

    International noodle appeal

    Global recognition has given the erstwhile humble noodle some snob appeal in recent years. 2015 marked the world’s first Michelin star for a ramen restaurant, when Tsuta, in Tokyo’s Sugamo district, was honored for its “black truffle-scented” Shoyu Soba. 

    Tsuta no longer makes the prestigious list, but nearly two dozen other Tokyo ramen joints were recognized in the most recent Michelin guide.

    As recently as 2013, Japan was a global tourism also-ran, but the nation has since surged in popularity to become a top global destination for 2024, with a record 33 million visitors expected.

    All the new cooks, and the clients, have driven innovation.


    The Dish: Chef Ivan Orkin shares Japanese recipes

    05:16

    Catering to non-Japanese palates has driven ramen in new directions, spurring the growth of Halal and vegan alternatives to the traditional pork bone-based noodle soups.

    Chefs from other culinary realms have moved onto ramen turf. A trained French chef opened Tokyo’s popular Ebimaru Ramen, where the signature dish is lobster bisque ramen noodles, topped by a baguette slice with a schmear of sour cream. 

    In the capital’s Shinjuku entertainment area, “Rahmen Eddie” has become as well-known for its pop art decor as it is for its riffs on Japan’s favorite soup, including bowls flavored with unusual ingredients like yuzu and ricotta cheese. It sells a “cappuccino ramen” in a coffee cup (a truffle, cream and porcini concoction for dipping noodles into.) 

    rahmen-eddie-tokyo-ramen.jpg
    Ramen restaurant Rahmen Eddie, in Tokyo’s Shinjuku district, radiates hip vibes.

    CBS News/Lucy Craft


    Takanochume’s take on maze-soba, ramen served without broth, is a colorful assembly of vegetables on noodles that resembles pasta primavera. 

    Is ramen facing an existential crisis?

    In a clear break with the masculine vibe of the past, the ramen world has even seen pink-colored noodles and wheat gluten shaped like valentine hearts.

    Going upmarket — and appealing to both sexes — may offer a lifeline, as some ramen shops are facing an existential crisis. 

    A 2013 report by CBS News partner network TBS TV said a ¥700 bowl of ramen earned vendors about ¥410 in profit — a slim margin that has since shrunk thanks to soaring raw material, utility and labor costs to only about ¥200. 

    Tokyo Shoko Research said 2023 was the worst year for ramen shops since 2009, with a record 74 closing their doors nationwide.

    With The Olympics Looming, Tokyo's Bars And Restaurants Suffer Amid A Fourth State Of Emergency
    People eat at a ramen restaurant in Tokyo, Japan, July 14, 2021.

    Takashi Aoyama/Getty


    Business magazine Diamond Online has noted that, with low barriers to entry and extreme competition, ramen shops generally have a high rate of failure — with two-thirds expected to close within three years of opening.

    Owners resorting to more expensive ingredients to lure trade is only going to squeeze profits further, but as they help stretch the definition of “ramen,” women and overseas visitors are helping keep a beloved national dish alive.

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  • CNBC Daily Open: Americans sour on the economy

    CNBC Daily Open: Americans sour on the economy

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    US President Joe Biden speaks to employees at the CS Wind America Inc on November 29, 2023 in Pueblo, Colorado. 

    Helen H. Richardson | The Denver Post | Getty Images

    This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

    What you need to know today 

    Mixed bag on Wall Street
    U.S. stocks
    ended mixed Tuesday as investors prepared for key inflation data due out later this week. The S&P 500 and the Nasdaq Composite closed with small gains, up 0.17% and 0.37%, respectively. The 30-stock Dow fell for a second straight day, off by 0.25%. Bitcoin also extended gains rising above $57,000. 

    Apple kills EV plans
    Apple has cancelled its plan to build electric cars, according to Bloomberg. This signals an end to the company’s secretive effort to compete in the EV space against rival Tesla. Reports of Apple’s ambition first surfaced in 2014 after it recruited automotive engineers and other talent from auto companies. 

    Will South Korean measures work?
    South Korea’s Japan-style measures to boost corporate governance may not work to lift its undervalued stock markets and tackle the so-called “Korea discount.” In its latest attempt, the Financial Services Commission revealed a “Corporate Value-up Program,” aimed at supporting shareholder returns through incentives including tax benefits.

    Honor’s foray into flip phones
    Chinese technology firm Honor will launch a foldable flip phone this year, the company’s CEO George Zhao told CNBC. It will be the firm’s first entry into the vertical-folding style of smartphone as the company looks to push into the premium end of the market in a challenge to tech giants like Samsung and Apple.

    [Pro] Alibaba’s compelling appeal
    Despite the recent slump in Alibaba’s shares, the Chinese e-commerce giant remains on the radar of fund managers. “Alibaba is our third biggest stock [position] now. Why? The valuation is absolutely compelling,” said Andrew Lapping, Ranmore’s chief investment officer.

    The bottom line

    Americans’ attitudes about the economy have soured.

    Consumer confidence fell to 106.7 in February, said the Conference Board, down from a revised 110.9 in January. This comes after a three-month streak of improving mood.

    The index measuring short-term expectations for income, business and the job market fell to 79.8 from 81.5 in January. A reading under 80 often signals an upcoming recession.

    While Americans were less worried about food and gas prices, there were rising concerns over jobs and the upcoming presidential elections.

    “The decline in consumer confidence in February interrupted a three-month rise, reflecting persistent uncertainty about the US economy,” said Dana Peterson, chief economist at The Conference Board. 

    “While overall inflation remained the main preoccupation of consumers, they are now a bit less concerned about food and gas prices, which have eased in recent months. But they are more concerned about the labor market situation and the US political environment.”

    The drop in consumer confidence was broad based, affecting most income groups, as well as among people under 35 years old and those aged 55 and over, according to Peterson.

    The survey findings reveal that despite data showing a strong labor market and a surprisingly resilient economy, public perception on the economy proves to be a challenge ahead of high-stakes elections this year.

    This signals troubling signs for President Joe Biden, who has been trying to tout his administration’s economic accomplishments ahead of a likely rematch against Republican nominee Donald Trump in November.

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  • 2011 Japan Earthquake – Tsunami Fast Facts | CNN

    2011 Japan Earthquake – Tsunami Fast Facts | CNN

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    CNN
     — 

    Here’s a look at the earthquake and tsunami that struck Japan in March of 2011.

    March 11, 2011 – At 2:46 p.m., a 9.1 magnitude earthquake takes place 231 miles northeast of Tokyo at a depth of 15.2 miles.

    The earthquake causes a tsunami with 30-foot waves that damage several nuclear reactors in the area.

    It is the largest earthquake ever to hit Japan.

    Number of people killed and missing

    (Source: Japan’s Fire and Disaster Management Agency)

    The combined total of confirmed deaths and missing is more than 22,000 (nearly 20,000 deaths and 2,500 missing). Deaths were caused by the initial earthquake and tsunami and by post-disaster health conditions.

    At the time of the earthquake, Japan had 54 nuclear reactors, with two under construction, and 17 power plants, which produced about 30% of Japan’s electricity (IAEA 2011).

    Material damage from the earthquake and tsunami is estimated at about 25 trillion yen ($300 billion).

    There are six reactors at Tokyo Electric Power Company’s Fukushima Daiichi plant, located about 65 km (40 miles) south of Sendai.

    A microsievert (mSv) is an internationally recognized unit measuring radiation dosage. People are typically exposed to a total of about 1,000 microsieverts in one year.

    The Japanese government estimated that the tsunami swept about five million tons of debris offshore, but that 70% sank, leaving 1.5 million tons floating in the Pacific Ocean. The debris was not considered to be radioactive.

    READ MORE: Fukushima: Five years after Japan’s worst nuclear disaster

    All times and dates are local Japanese time.

    March 11, 2011 – At 2:46 p.m., an 8.9 magnitude earthquake takes place 231 miles northeast of Tokyo. (8.9 = original recorded magnitude; later upgraded to 9.0, then 9.1.)
    – The Pacific Tsunami Warning Center issues a tsunami warning for the Pacific Ocean from Japan to the US. About an hour after the quake, waves up to 30 feet high hit the Japanese coast, sweeping away vehicles, causing buildings to collapse, and severing roads and highways.
    – The Japanese government declares a state of emergency for the nuclear power plant near Sendai, 180 miles from Tokyo. Sixty to seventy thousand people living nearby are ordered to evacuate to shelters.

    March 12, 2011 – Overnight, a 6.2 magnitude aftershock hits the Nagano and Niigata prefectures (USGS).
    – At 5:00 a.m., a nuclear emergency is declared at Fukushima Daiichi nuclear power plant. Officials report the earthquake and tsunami have cut off the plant’s electrical power, and that backup generators have been disabled by the tsunami.
    – Another aftershock hits the west coast of Honshu – 6.3 magnitude. (5:56 a.m.)
    – The Japanese Nuclear and Industrial Safety Agency announces that radiation near the plant’s main gate is more than eight times the normal level.
    – Cooling systems at three of the four units at the Fukushima Daini plant fail prompting state of emergency declarations there.
    – At least six million homes – 10% of Japan’s households – are without electricity, and a million are without water.
    – The US Geological Survey says the quake appears to have moved Honshu, Japan’s main island, by eight feet and has shifted the earth on its axis.
    – About 9,500 people – half the town’s population – are reported to be unaccounted for in Minamisanriku on Japan’s Pacific coast.

    March 13, 2011 – People living within 10 kilometers (6.2 miles) of the Fukushima Daini and 20 kilometers of the Fukushima Daiichi power plants begin a government-ordered evacuation. The total evacuated so far is about 185,000.
    – 50,000 Japan Self-Defense Forces personnel, 190 aircraft and 25 ships are deployed to help with rescue efforts.
    – A government official says a partial meltdown may be occurring at the damaged Fukushima Daiichi plant, sparking fears of a widespread release of radioactive material. So far, three units there have experienced major problems in cooling radioactive material.

    March 14, 2011 – The US Geological Survey upgrades its measure of the earthquake to magnitude 9.0 from 8.9.
    – An explosion at the Daiichi plant No. 3 reactor causes a building’s wall to collapse, injuring six. The 600 residents remaining within 30 kilometers of the plant, despite an earlier evacuation order, have been ordered to stay indoors.
    – The No. 2 reactor at the Daiichi plant loses its cooling capabilities. Officials quickly work to pump seawater into the reactor, as they have been doing with two other reactors at the same plant, and the situation is resolved. Workers scramble to cool down fuel rods at two other reactors at the plant – No. 1 and No. 3.
    – Rolling blackouts begin in parts of Tokyo and eight prefectures. Downtown Tokyo is not included. Up to 45 million people will be affected in the rolling outages, which are scheduled to last until April.

    March 15, 2011 – The third explosion at the Daiichi plant in four days damages the suppression pool of reactor No. 2. Water continues to be injected into “pressure vessels” in order to cool down radioactive material.

    March 16, 2011 – The nuclear safety agency investigates the cause of a white cloud of smoke rising above the Fukushima Daiichi plant. Plans are canceled to use helicopters to pour water onto fuel rods that may have burned after a fire there, causing a spike in radiation levels. The plume is later found to have been vapor from a spent-fuel storage pool.
    – In a rare address, Emperor Akihito tells the nation to not give up hope, that “we need to understand and help each other.” A televised address by a sitting emperor is an extraordinarily rare event in Japan, usually reserved for times of extreme crisis or war.
    – After hydrogen explosions occur in three of the plant’s reactors (1, 2 and 3), Chief Cabinet Secretary Yukio Edano says radiation levels “do not pose a direct threat to the human body” between 12 to 18 miles (20 to 30 kilometers) from the plant.

    March 17, 2011 – Gregory Jaczko, head of the Nuclear Regulatory Commission, tells US Congress that spent fuel rods in the No. 4 reactor have been exposed because there “is no water in the spent fuel pool,” resulting in the emission of “extremely high” levels of radiation.
    – Helicopters operated by Japan’s Self-Defense Forces begin dumping tons of seawater from the Pacific Ocean on to the No. 3 reactor to reduce overheating.
    – Radiation levels hit 20 millisieverts per hour at an annex building where workers have been trying to re-establish electrical power, “the highest registered (at that building) so far.” (Tokyo Electric Power Co.)

    March 18, 2011 – Japan’s Nuclear and Industrial Safety Agency raises the threat level from 4 to 5, putting it on a par with the 1979 Three Mile Island accident in Pennsylvania. The International Nuclear Events Scale says a Level 5 incident means there is a likelihood of a release of radioactive material, several deaths from radiation and severe damage to the reactor core.

    April 12, 2011 – Japan’s nuclear agency raises the Fukushima Daiichi crisis from Level 5 to a Level 7 event, the highest level, signifying a “major accident.” It is now on par with the 1986 Chernobyl disaster in the former Soviet Union, which amounts to a “major release of radioactive material with widespread health and environmental effects requiring implementation of planned and extended countermeasures.”

    June 6, 2011 – Japan’s Nuclear Emergency Response Headquarters reports reactors 1, 2 and 3 at the Fukushima Daiichi nuclear power plant experienced a full meltdown.

    June 30, 2011 – The Japanese government recommends more evacuations of households 50 to 60 kilometers northwest of the Fukushima Daiichi power plant. The government said higher radiation is monitored sporadically in this area.

    July 16, 2011 – Kansai Electric announces a reactor at the Ohi nuclear plant will be shut down due to problems with an emergency cooling system. This leaves only 18 of Japan’s 54 nuclear plants producing electricity.

    October 31, 2011 – In response to questions about the safety of decontaminated water, Japanese government official Yasuhiro Sonoda drinks a glass of decontaminated water taken from a puddle at the Fukushima Daiichi nuclear plant.

    November 2, 2011 – Kyushu Electric Power Co. announces it restarted the No. 4 reactor, the first to come back online since the March 11 disaster, at the Genkai nuclear power plant in western Japan.

    November 17, 2011 – Japanese authorities announce that they have halted the shipment of rice from some farms northwest of the Fukushima Daiichi nuclear power plant after finding higher-than-allowed levels of radioactive cesium.

    December 5, 2011 – Tokyo Electric Power Company announces at least 45 metric tons of radioactive water have leaked from the Fukushima Daiichi nuclear facility and may have reached the Pacific Ocean.

    December 16, 2011 – Japan’s Prime Minister says a “cold shutdown” has been achieved at the Fukushima Daiichi nuclear power plant, a symbolic milestone which means the plant’s crippled reactors have stayed at temperatures below the boiling point for some time.

    December 26, 2011 – Investigators report poorly trained operators at the Fukushima Daiichi nuclear power plant misread a key backup system and waited too long to start pumping water into the units, according to an interim report from the government committee probing the nuclear accident.

    February 27, 2012 – Rebuild Japan Initiative Foundation, an independent fact-finding committee, releases a report claiming the Japanese government feared the nuclear disaster could lead to an evacuation of Tokyo while at the same time hiding its most alarming assessments of the nuclear disaster from the public as well as the United States.

    May 24, 2012 – TEPCO (Tokyo Electric Power Co.) estimates about 900,000 terabecquerels of radioactive materials were released between March 12 and March 31 in 2011, more radiation than previously estimated.

    June 11, 2012 – At least 1,324 Fukushima residents lodge a criminal complaint with the Fukushima prosecutor’s office, naming Tsunehisa Katsumata, the chairman of Tokyo Electric Power Co. (TEPCO) and 32 others responsible for causing the nuclear disaster which followed the March 11 earthquake and tsunami and exposing the people of Fukushima to radiation.

    June 16, 2012 – Despite public objections, the Japanese government approves restarting two nuclear reactors at the Kansai Electric Power Company in Ohi in Fukui prefecture, the first reactors scheduled to resume since all nuclear reactors were shut down in May 2012.

    July 1, 2012 – Kansai Electric Power Co. Ltd. (KEPCO) restarts the Ohi nuclear plant’s No. 3 reactor, resuming nuclear power production in Japan for the first time in the wake of the Fukushima Daiichi meltdown following the tsunami.

    July 5, 2012 – The Fukushima Nuclear Accident Independent Investigation Commission’s report finds that the Fukushima Daiichi nuclear crisis was a “man-made disaster” which unfolded as a result of collusion between the facility’s operator, regulators and the government. The report also attributes the failings at the plant before and after March 11 specifically to Japanese culture.

    July 23, 2012 – A Japanese government report is released criticizing TEPCO. The report says the measures taken by TEPCO to prepare for disasters were “insufficient,” and the response to the crisis “inadequate.”

    October 12, 2012 – TEPCO acknowledges in a report it played down safety risks at the Fukushima Daiichi power plant out of fear that additional measures would lead to a plant shutdown and further fuel public anxiety and anti-nuclear movements.

    July 2013 – TEPCO admits radioactive groundwater is leaking into the Pacific Ocean from the Fukushima Daiichi site, bypassing an underground barrier built to seal in the water.

    August 28, 2013 – Japan’s nuclear watchdog Nuclear Regulation Authority (NRA) says a toxic water leak at the tsunami-damaged Fukushima Daiichi power plant has been classified as a Level 3 “serious incident” on an eight-point International Nuclear Event Scale (lINES) scale.

    September 15, 2013 – Japan’s only operating nuclear reactor is shut down for maintenance. All 50 of the country’s reactors are now offline. The government hasn’t said when or if any of them will come back on.

    November 18, 2013 – Tokyo Electric Power Co. says operators of the Fukushima nuclear plant have started removing 1,500 fuel rods from damaged reactor No. 4. It is considered a milestone in the estimated $50 billion cleanup operation.

    February 20, 2014 – TEPCO says an estimated 100 metric tons of radioactive water has leaked from a holding tank at the Fukushima Daiichi Nuclear Power Plant.

    August 11, 2015 – Kyushu Electric Power Company restarts No. 1 reactor at the Sendai nuclear power plant in Kagoshima prefecture. It is the first nuclear reactor reactivated since the Fukushima disaster.

    October 19, 2015 – Japan’s health ministry says a Fukushima worker has been diagnosed with leukemia. It is the first cancer diagnosis linked to the cleanup.

    February 29, 2016 – Three former TEPCO executives are indicted on charges of professional negligence related to the disaster at the Fukushiima Daiichi plant.

    November 22, 2016 – A 6.9 magnitude earthquake hits the Fukushima and Miyagi prefectures and is considered an aftershock of the 2011 earthquake. Aftershocks can sometimes occur years after the original quake.

    February 2, 2017 – TEPCO reports atmospheric readings from inside nuclear reactor plant No. 2. as high as 530 sieverts per hour. This is the highest since the 2011 meltdown.

    February 13, 2021 – A 7.1 magnitude earthquake off the east coast of Japan is an aftershock of the 2011 quake, according to the Japan Meteorological Agency.

    April 13, 2021 – The Japanese government announces it will start releasing more than 1 million metric tons of treated radioactive water from the destroyed Fukushima nuclear plant into the ocean in two years – a plan that faces opposition at home and has raised “grave concern” in neighboring countries. The whole process is expected to take decades to complete.

    September 9, 2021 – The IAEA and Japan agree on a timeline for the multi-year review of Japan’s plan to release treated radioactive water from the destroyed Fukushima nuclear plant into the ocean.

    February 18, 2022 – An IAEA task force makes its first visit to Japan for the safety review of its plan to discharge treated radioactive water into the sea.

    July 4, 2023 – An IAEA safety review concludes that Japan’s plans to release treated radioactive water from the Fukushima nuclear plant into the ocean are consistent with IAEA Safety Standards.

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  • Japan kicks in another $4.8 billion for TSMC plant, calls chips ‘extremely essential for the future of industries’ 

    Japan kicks in another $4.8 billion for TSMC plant, calls chips ‘extremely essential for the future of industries’ 

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    The Japanese government will provide an additional ¥732 billion ($4.86 billion) in subsidies for Taiwan Semiconductor Manufacturing Co. to expand its plant in the country, Economy Minister Ken Saito said on Saturday.

    “TSMC is the most important partner for Japan in realizing digital transformation, and its Kumamoto factory is an important contributor for us to stably procure cutting-edge logic chips that is extremely essential for the future of industries in Japan,” he said at the opening ceremony for TSMC’s Kumamoto factory.

    The chipmaker, Taiwan’s largest company, plans to start shipping logic chips for CMOS camera sensors and automobiles from the facility in Kumamoto on the island of Kyushu by the end of this year through its venture with iconic local companies including Sony Group Corp. and Toyota Motor Corp. The government has already allocated ¥476 billion for the factory.

    The new aid will go toward construction of a new fabrication building next to the existing one, the company’s first in Japan. Known as TSMC Fab-23 Phase 2, the project announced by TSMC earlier this month will produce chips as narrow as 6 nanometer and plans mass production by 2027.

    Japan has paid trillions of yen for companies such as TSMC, Samsung Electronics Co. and Micron Technology Inc. to move some operations to the country to secure supply of chips used in everything from automobile production to mobile phones.

    “Governments around the world are fiercely competing by throwing in a large amount of money so that they can secure domestic supply of chips, and Japan investing this amount of money is necessary for us to foster further development of industries and economic security,” the minister said. “We learned from mistakes in the past, and I’m sure we have dazzled the rest of the world by the speed with which we have implemented.”

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    Takashi Mochizuki, Bloomberg

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  • Dealing with This Feeling

    Dealing with This Feeling

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    From doomsday tourism to eco-anxiety therapy and preppers, a look at how coping in the 'end times' is developing.

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  • Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

    Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

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    Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City.

    Michael M. Santiago | Getty Images

    The so-called “Magnificent 7” now wields greater financial might than almost every other major country in the world, according to new Deutsche Bank research.

    The meteoric rise in the profits and market capitalizations of the Magnificent 7 U.S. tech behemoths — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — outstrip those of all listed companies in almost every G20 country, the bank said in a research note Tuesday. Of the non-U.S. G20 countries, only China and Japan (and the latter, only just) have greater profits when their listed companies are combined.

    Deutsche Bank analysts highlighted that the Magnificent 7’s combined market cap alone would make it the second-largest country stock exchange in the world, double that of Japan in fourth. Microsoft and Apple, individually, have similar market caps to all combined listed companies in each of France, Saudi Arabia and the U.K, they added.

    However, this level of concentration has led some analysts to voice concerns over related risks in the U.S. and global stock market.

    Jim Reid, Deutsche Bank’s head of global economics and thematic research, cautioned in a follow-up note last week that the U.S. stock market is “rivalling 2000 and 1929 in terms of being its most concentrated in history.”

    Deutsche analyzed the trajectories of all 36 companies that have been in the top five most valuable in the S&P 500 since the mid-1960s.

    Reid noted that while big companies eventually tended to drop out of the top five as investment trends and profit outlooks evolved, 20 of the 36 that have populated that upper bracket are still in the top 50 today.

    “Of the Mag 7 in the current top 5, Microsoft has been there for all but 4 months since 1997. Apple ever present since December 2009, Alphabet for all but two months since August 2012 and Amazon since January 2017. The newest entrant has been Nvidia which has been there since H1 last year,” he said.

    Tesla had a run of 13 months in the top five most valuable companies in 2021/22 but is now down to 10th, with the share price having fallen by around 20% since the start of 2024. By contrast, Nvidia’s stock has continued to surge, adding almost 47% since the turn of the year.

    “So, at the edges the Mag 7 have some volatility around the position of its members, and you can question their overall valuations, but the core of the group have been the largest and most successful companies in the US and with it the world for many years now,” Reid added.

    Could the gains broaden out?

    Despite a muted global economic outlook at the start of 2023, stock market returns on Wall Street were impressive, but heavily concentrated among the Magnificent Seven, which benefitted strongly from the AI hype and rate cut expectations.

    In a research note last week, wealth manager Evelyn Partners highlighted that the Magnificent 7 returned an incredible 107% over 2023, far outpacing the broader MSCI USA index, which delivered a still healthy but relatively paltry 27% to investors.

    Daniel Casali, chief investment strategist at Evelyn Partners, suggested that signs are emerging that opportunities in U.S. stocks could broaden out beyond the 7 megacaps this year for two reasons, the first of which is the resilience of the U.S. economy.

    “Despite rising interest rates, company sales and earnings have been resilient. This can be attributed to businesses being more disciplined on managing their costs and households having higher levels of savings built up during the pandemic. In addition, the U.S. labour market is healthy with nearly three million jobs added during 2023,” Casali said.

    Nvidia has an 'iron grip' on the market, says RSE Ventures' Matt Higgins

    The second factor is improving margins, which Casali said indicates that companies have adeptly raised prices and passed the impact of higher inflation onto customers.

    “Although wages have risen, they haven’t kept pace with those price rises, leading to a decline in employment costs as a proportion of the price of goods and services,” Casali said.

    “Factors, including China joining the World Trade Organisation and technological advances, have enabled an increased supply of labour and accessibility to overseas job markets. This has contributed to improving profit margins, supporting earnings growth. We see this trend continuing.”

    When the market is so heavily weighted toward a small number of stocks and one particular theme — notably AI — there is a risk of missed investment opportunities, Casali said.

    Many of the 493 other S&P 500 stocks have struggled over the past year, but he suggested that some could start to participate in the rally if the two aforementioned factors continue to fuel the economy.

    “Given AI-led stocks’ stellar performance in 2023 and the beginning of this year, investors may feel inclined to continue to back them,” he said.

    “But, if the rally starts to widen, investors could miss out on other opportunities beyond the Magnificent Seven stocks.”

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  • Japan’s flagship H3 rocket successfully reaches orbit after failed debut launch

    Japan’s flagship H3 rocket successfully reaches orbit after failed debut launch

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    Japan’s flagship H3 rocket successfully reaches orbit after failed debut launch – CBS News


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    Japan launched its new flagship H3 rocket after a failed debut last year. The rocket successfully reached orbit at an altitude of about 420-miles and released two satellites.

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  • Japan’s flagship H3 rocket successfully reaches orbit after failed debut launch

    Japan’s flagship H3 rocket successfully reaches orbit after failed debut launch

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    Japan’s flagship H3 rocket reached orbit and released two small observation satellites in a key second test following a failed debut launch last year, buoying hope for the country in the global space race.

    The H3 rocket blasted off from the Tanegashima Space Center on time Saturday morning, two days after its originally scheduled liftoff was delayed by bad weather.

    The rocket successfully reached orbit at an altitude of about 420 miles and released two satellites, the Japan Aerospace Exploration Agency, or JAXA, said.

    Japan's H3 rocket successfully reaches orbit on second try
    The H3 rocket test flight No. 2 blasts off from the Tanegashima Space Center on Tanegashima Island in the southwestern prefecture of Kagoshima, Japan, Feb. 17, 2024. Japan launched its flagship H3 rocket on Saturday nearly a year after the maiden launch failure, according to the country’s space agency.

    Yang Guang/Xinhua via Getty Images


    “We feel so relieved to be able to announce the good results,” JAXA President Hiroshi Yamakawa told a news conference.

    The H3’s main missions are to secure independent access to space and be competitive as international demand for satellite launches grows. “We made a big first step today toward achieving that goal,” Yamakawa said.

    The launch is a boost for Japan’s space program following a recent streak of successes, including a historic precision touchdown on the moon of an unmanned spacecraft last month.

    The liftoff was closely watched as a test for Japan’s space development after H3, in its debut flight last March, failed to ignite the second-stage engine. JAXA and its main contractor Mitsubishi Heavy Industries have been developing H3 as a successor to its current mainstay, H-2A, which is set to retire after two more flights.

    As the rocket soared and released its first payload successfully, project members at the JAXA command center cheered and hugged each other in livestreaming footage. NHK television showed some staff at a press center crying with relief and joy.

    JAXA H3 project manager Masashi Okada called the result “perfect,” saying H3 cleared all missions set for Saturday’s flight. “After a long wait, the newborn H3 finally had its first cry.”

    “I now feel a heavy load taken off my shoulders. But now is the real start for H3, and we will work to steadily improve it,” Okada said.

    The H3 No. 2 rocket was decorated with thousands of stickers carrying messages sent from well-wishers around the country.

    Two microsatellites — observation satellite CE-SAT-IE, developed by Canon Electronics, and TIRSAT, which was co-developed by a number of companies and universities — were piggybacked on the H3 Saturday. Their makers said they were willing to take the chance as they see a growing market in the satellite business.

    The 187-foot-long H3 is designed to carry larger payloads than H-2A at much lower costs of about 50 billion yen ($330 million), to be globally competitive.

    Masayuki Eguchi, head of defense and space segment at Mitsubishi Heavy, said his company hopes to achieve better price competitiveness after about a dozen more launches.

    “I’m delighted to see this incredible accomplishment in the space sector right after the success of the SLIM moon landing,” Prime Minister Fumio Kishida said on X, formerly Twitter. “I expect the Japanese mainstay rocket will steadily make achievement.”

    Last month, a H-2A rocket successfully placed a spy satellite into its planned orbit, and days later JAXA’s unmanned spacecraft SLIM made the world’s first “pinpoint” moon landing, then captured lunar data.

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