Wages rising in Japan but inflation eats away at consumer gains

Wages are rising in Japan more than they have in decades, at least for some workers.

But so are prices, leaving many people feeling they must scrimp more than ever.

In May, the consumer price index was up 3.2 percent from a year earlier, well above the central bank's target of about 2 percent.

AIIB serves China's interests: Ex-executive

The Asian Infrastructure Investment Bank "serves China's interest" and Beijing wields "undue" influence over what is supposed to be a multilateral organisation, a former executive told AFP yesterday after resigning.

In the wake of his resignation, Canada's Finance Minister Chrystia Freeland announced Ottawa would "immediately halt all government-led activity at the Bank".

Japan expands veggie options to tempt tourists

Even on a weekday, there's a queue at Tokyo's vegan Izakaya Masaka, including many tourists eager to try meat-free versions of Japanese classics like fried chicken and juicy dumplings.

While millions of visitors have happily savored Japan's fish- and meat-heavy cuisine, options for vegetarians and vegans are harder to find.

ODTÜ’s students to build paper log houses in quake zone

Middle East Technical University's (ODTÜ) students, together with a prize-winning Japanese architect Shigeru Ban, have built a specially designed "paper log house" to be used in the earthquake zone.

ODTÜ's Architecture Department's students created the "Emergency Design Studio" after the twin earthquakes jolted the country's east in early February.