May 1st marked the beginning of newly enthroned Japanese emperor Naruhito’s Reiwa reign after his father’s abdication. The historic event coincided with the traditional Japanese Golden week holiday and resulted in a special 10-day break from April 27th to May 6th. If the prospect of extra-long holiday left some Japanese workers aghast, they still posted a sharp increase of their air travel and Tax Free ShoppingA number of countries offer VAT/GST refunds to international... More spend in key destinations, taking full advantage of a strong Japanese yen.