Keeping Cash

October 18, 2017

TOKYO- In this picture taken on January 27, 2017, a man puts stacks of Japanese yen notes on the table as he pays cash for buying a luxury watch at a store in Tokyo.

Japan's stock market may be riding at two-decade highs but sales of home safes are booming as the country's already keen savers look to stash more cash at home to avoid being hit by negative interest rates and keen-eyed tax officials. Jiji Press