Word: yen
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...Japan, foreigners learn soon enough that a one-yen coin floats on water (or beer), a perfect analogy for the last few years of the dollar's strength against Japanese currency. Now, however, the yen is sinking to the bottom of the glass as the dollar has becomes featherweight. On Thursday it slipped to 99.7 yen, the lowest it has been since November 1995. Following suit on Friday, Tokyo stocks plummeted to their lowest levels since August 2005. Just a few months ago, the rate was 113 to the dollar...
...shopkeepers are pioneers in an increasingly important retailing speciality: selling to seniors. Five years ago, the local McDonald's menu listed french fries as simply "potato" and Filet-O-Fish as "fish hamburgers." Customers today are more familiar with the fare. Big Macs are on offer. So are 100-yen (92?) cheeseburgers and sandwiches with steamed buns, popular because they are cheap and soft. "Toasted buns are too hard for them," explains manager Hayato Akasako. "They like the Filet-O-Fish and the shrimp burger." Akasako says the elderly don't necessarily bridle at the new and unfamiliar. Some...
...Five years ago, the local McDonald's menu listed french fries as simply "potato" or Filet-o-Fish as "fish hamburgers"; most are items now ordered by more familiar names and some, like the 100-yen cheese burger and sandwiches with steamed buns, are popular because they are cheap or soft. "Toasted buns are too hard for them," says manager Hayato Akasako. "They like the Filet-o-Fish and the shrimp burger." Akasako also says the elderly don't shy from trying new things. Upon ordering, some of them now present downloaded electronic coupons on the screens of their mobile...
...when oil prices first shot toward $100 per bbl. That same week, the loonie posted record values for the year against every other major currency as well. One Canadian dollar was buying 14% more euros than it had at the beginning of January, 16% more pounds, and 21% more yen...
...Kekre, Alyssa Elizabeth Stimson King, Ajay Ganesh Kumar, Benjamin Jiawei Lee, Luke Xiru Li, Yin Li, Paul Peter Linden-Retek, Karan Lodha, Matthew Ryan McFarlane, Taylor Mayly Owings, Aadhithi Padmanabhan, Allen James Pope, Tony Dahao Qian, Adam Emanuel Adatto Sandel, Meike Katharina Schallert, Samuel Conrad Scott, Mark Abraham Shepard, Yen-whei Shih, Melissa Yuwono Tjota, Catherine Lin Vaughan, Amanda Lee Willis, Yoshitaka Yamamoto, Crystal Yang, Andy Han Yuan, Elena Yudovina, Rocksheng Zhong