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Japanese Cities Rise to the Top

Japanese Cities Rise to the Top

The global recession may be showing some signs of easing, but try telling that to any foreign visitor to Japan. During the worst of the crisis, the Japanese yen soared against the dollar and other currencies. That slammed profits at Japanese exporters such as Toyota, Sony, and Panasonic. It also drove up the cost of living in Tokyo and other big Japanese cities. Indeed, Japanese cities are in four out of the top five slots in the annual ranking of the world's priciest cities by ECA International, a global human resources firm. The only non-Japanese city in the top five was Luanda, the capital of Angola. For more on the world's most expensive cities, read on.