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Japanese monks invest as temple finances decline
Buddhist monks in Japan are increasingly turning to financial markets to manage temple finances due to rising upkeep costs and a decline in donations. Factors contributing to this trend include inflation worsening the financial strain and a shrinking Buddhist population. Some monks are exploring investment strategies, a path previously considered incompatible with their religious roles, to ensure the sustainability of their temples.
How outlets across the spectrum covered it
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- Centre (2): South China Morning Post, The Japan Times