Japan's average land prices post 1st upturn in 16 years

Japan's average land prices post 1st upturn in 16 years

TOKYO, Japan - Photo shows the Omotesando avenue in Tokyo's posh Harajuku district, where land prices doubled in the last three years. Japan's average land prices for both residential and commercial areas rose in the year to Jan. 1 for the first time in 16 years since peaking in the midst of the economic bubble.

Dressed Korean students parade in Tokyo

Dressed Korean students parade in Tokyo

TOKYO, Japan - About 150 students from South Korea, dressed as members of a Korean tributary mission sent to Japan during the Edo Period (1600-1868), parade along the Omotesando Avenue in Tokyo on Aug. 25. The envoy or the head of the delegation is seated in the palanquin carried by bearers. Korea sent a total of 12 delegations to Japan during the reign of the Tokugawa Shogunate. The last visit took place in 1811. The students organized the parade as part of events marking the FIFA 2002 World Cup finals co-hoted by Japan and South Korea.

Japan's average land prices post 1st upturn in 16 years

Japan's average land prices post 1st upturn in 16 years

TOKYO, Japan - Photo shows the Omotesando avenue in Tokyo's posh Harajuku district, where land prices doubled in the last three years. Japan's average land prices for both residential and commercial areas rose in the year to Jan. 1 for the first time in 16 years since peaking in the midst of the economic bubble. (Kyodo)

Dressed Korean students parade in Tokyo

Dressed Korean students parade in Tokyo

TOKYO, Japan - About 150 students from South Korea, dressed as members of a Korean tributary mission sent to Japan during the Edo Period (1600-1868), parade along the Omotesando Avenue in Tokyo on Aug. 25. The envoy or the head of the delegation is seated in the palanquin carried by bearers. Korea sent a total of 12 delegations to Japan during the reign of the Tokugawa Shogunate. The last visit took place in 1811. The students organized the parade as part of events marking the FIFA 2002 World Cup finals co-hoted by Japan and South Korea. (Kyodo)