Japanese Emperor Akihito in November 1990. Photo: AFP

New Japanese emperor reminds a nation of its lost economic boom when there was ‘money dripping off trees’

  • Landowners made a fortune and bankers had more business than they could handle
  • It all came crashing down when inflated property prices collapsed and the bubble burst in the 1990s
Topic |   Japan

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Japanese Emperor Akihito in November 1990. Photo: AFP
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Japan’s chief cabinet secretary Yoshihide Suga. Photo: AFP

Japan names new imperial ‘Reiwa’ era, signalling a ‘new mindset’ as abdication approaches

  • Japan’s new era name is the first adaptation from a Japanese classic, unlike the previous ones in use that were all based on Chinese classics
  • Emperor Akihito will step down at the end of April and his son Crown Prince Naruhito will assume the throne on May 1
Topic |   Japan

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Japan’s chief cabinet secretary Yoshihide Suga. Photo: AFP
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