Word: kabutocho
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...these treasure troves are tucked in right next to Tokyo's busiest districts. Just 15 minutes from the Ginza, along the Sumida River, is Eitai, another village filled with mini-restaurants where only five people can sit. Another gem, the Kiyosumi Garden, is only a few blocks away from Kabutocho, Tokyo's Wall Street. "It was owned by a samurai who sold it to a rich merchant at the end of the 19th century," Marino says. "Later, beautiful huge stones were gathered from all over Japan and brought there. There is a lake and a teahouse on the lake where...
Uncertainty prevails among the 2,000 dealers in the brand-new Kabutocho exchange building as they try to make sense of Friday's record loss in New York. What will happen on Wall Street later today? The Nikkei Dow Jones index of 225 traded stocks falls from...
...worst is over -- for now. A flood of buy orders propels an explosive rebound on the Kabutocho exchange. As each massive block of offered stock is snapped up, the trading floor erupts in applause. The Nikkei index makes a record gain of 2037.32 points...
...Middle East war set off a shock wave of alarm and uncertainty in the world's commercial centers. It spread through financial districts from London's City to Tokyo's Kabutocho, then receded as the scope and speed of Israel's triumph became manifest. Items...
Tokyo's Kabutocho, accustomed to the prewar idea of stocks held closely by the Zaibatsu financial combines, at first scoffed at Okumura, and occupation forces took a dim view of his plan to set up investment trusts that would operate somewhat like U.S. mutual funds. But Japan's amazing postwar resurgence proved fertile ground for Okumura's ideas. "I am the world's most stubborn man," says Okumura, "when I decide that I want something and meet opposition." Many Japanese companies now prefer to sell shares to raise money rather than to ask the once...