Tokyo 2020 Olympic Games costs double

The price tag on the 2020 Tokyo Olympic Games has ballooned to nearly twice the initial estimate, even after a major cost-cutting effort. A major reason is that cities exclude large amounts of associated costs when they submit a bid to host the Olympics. ( read original story ...)

Asian markets rally; Tokyo stocks up as yen falls

Tokyo stocks jumped to the highest level in nearly two years. KEEPING SCORE: Nikkei 225 jumped 1.4 percent to 20,139.31 as the yen weakened against the dollar. South Korea's Kospi rose 0.9 percent to 2,363.07. Hong Kong's Hang Seng index gained 0.2 percent ... ( read original story ...)

‘Huge potential’ for Irish companies in Japan

However, he noted that “Japanese consumers are very demanding”, but that “conquering the Japanese market enables business to obtain a global standard”. Speaking on his experience in the Japanese market, Joe Redmond, group executive of fintech ... ( read original story ...)

The young Japanese working themselves to death

Critics say the government is prioritizing business and economic interests at the expense of the welfare of workers. "The Japanese people count on the government but they are being betrayed," says Koji Morioka, an academic who has studied the karoshi ... ( read original story ...)

Japan’s big firms kick off job interviews with 2018 recruits

Major firms were allowed to start holding information sessions with university recruits at the beginning of March. The Japan Business Federation (Keidanren) the nation’s biggest business lobby, called on member firms to start information sessions with ... ( read original story ...)

Japan Post raises mail rates for first time in 23 years

Japan Post, a unit of Japan Post Holdings, raised mail rates Thursday in the first full-fledged hikes since January 1994, excluding markups on consumption tax increases. The rate for standard postcards has been increased by ¥10 to ¥62. Rates for other ... ( read original story ...)

Record IPO nets $27M for Sihanoukville port operator

Japan International Cooperation Agency, which is financing projects to expand the port’s infrastructure, separately agreed to purchase 11.6 million shares, or 54 percent of the public offering. According to Thoeun, over a third of the total IPO shares ... ( read original story ...)

Japan’s Nikkei tops 20,000 level, highest since August 2015

TOKYO, June 2 Japan's Nikkei share average rose above the psychologically important 20,000-point level to the highest since August 2015 on Friday as strong U.S. stocks and the rising dollar lifted investors' risk appetite. The Nikkei rose 1.0 percent to ... ( read original story ...)

Nikkei shoots above 20,000 mark as Asian markets soar

An electronic board shows gains by Japan's Nikkei average Friday in Tokyo. Japan’s benchmark index zoomed above 20,000 points on Friday, the first time in 18 months, leading broad equity gains across the region following another record close on Wall ... ( read original story ...)