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March 14, 2012 17:12
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Wanderlust Daily Trifle: March 14 - White Day

Learn something new.

Today is March 14. That's exactly one month after Valentine's Day and if you are in Japan, South Korea, Taiwan or China, you know exactly what that means.

It's White Day.

Since in the countries above, Valentine's Day is a holiday where women give chocolates, or other gifts to men, White Day is the when men reciprocate the kindness.

Traditionally, popular White Day gifts are cookies, jewelry, white chocolate, white lingerie and marshmallows.

Sometimes the term sanbai gaeshi (literally, "triple the return") is used to describe the generally recited rule that the return gift should be two to three times the cost of the Valentine's gift.

If you are not really into that, you can celebrate another holiday.

Today is also Pi Day, a holiday commemorating the mathematical constant π (pi).

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Japan reports record current account shortfall

March 8, 2012 08:37
Japan's finance ministry said the data represents the first negative figure since January 2009, when the country recorded its previous record deficit of 132.7 billion yen at the height of the global financial crisis.
March 7, 2012 14:15
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Future flood threat to British nuclear reactors

Report says many will be underwater due to rising sea levels
Sizewell floodEnlarge
It isn't fire that is a threat to some British nuclear plants like Sizewell, it's flooding from rising sea levels. (Oli Scarff/AFP/Getty Images)
this story is part of globalpost's continuing coverage of world business. for more visit our new business page.

A year ago, the world was watching Japan wrestle with the flooded reactors at Fukushima nuclear plant.

The Guardian newspaper has obtained, under a Freedom of Information request, a report partially published two months ago detailing the risks to 12 of 19 nuclear plant sites in the country.

It is the older ones right on the sea cost that are cause for concern. Global warming has led to a rise in sea levels around this island.

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Japan: Prosecutors charge Olympus and former executives

March 7, 2012 07:44
The charges come four months after the firm admitted covering up massive investment losses incurred in the late 1980s bubble economy for as long as 20 years.

Spider silk violin strings created by researcher in Japan.

March 5, 2012 16:16
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A Japanese researcher has found a way to harvest enough spider silk to string a violin.

Tokyo tower becomes the world's tallest

March 1, 2012 16:44
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Tokyo's Sky Tree, the world's tallest communications tower and the second largest building after the Burj Khalifa in Dubai, was completed Wedneday after a two month delay caused by the tsunami that pounded Japan's coast last March.

Olympus unveils new board members

February 27, 2012 10:32
Former chairman Tsuyoshi Kikukawa and two other former executives were arrested earlier this month as part of an ongoing probe into the company’s efforts to cover up massive investment losses incurred in the late 1980s bubble economy.

Japan's 'Madoff' moment after asset firm loses billions in pensions

February 24, 2012 18:27
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Japan's authorities ordered a halt to all operations of the asset management company, AIJ, on Friday, after fraud allegations.

US freezes Japanese gangsters' assets

February 24, 2012 07:21
The Yamaguchi-gumi group earns “billions of dollars” every year from crimes inside and outside Japan, including human and drug trafficking, prostitution, money laundering and fraud, the US Treasury Department said in a statement yesterday.
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