Japan's Rakuten Inc said on Friday the launch of its 5G services that was planned for June had been delayed by at least three months due to the impact on supply chains by the coronavirus crisis. Rakut ... ( read original story ...)
Japan bank Mizuho reports $416 million fourth-quarter profit versus year-ago loss
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter. ( read original story ...)
Rise in Credit Costs Key Danger For Japan Banks’ Profits: Analyst
The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. Hosted by Emily Chang. "The David Rubenstein Show: Peer-to-Peer Conversations" ... ( read original story ...)
Pandemic to Depress Japan Consumer Prices, Batter Exports: Reuters Poll
Japan's consumer prices are expected to fall in April for the first time in more than three years and exports likely mark their biggest drop in more than a decade, a Reuters poll showed, as the ... ( read original story ...)
Japan bank Mizuho reports $416 mln Q4 profit vs year-ago loss
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter. TOKYO, May 15 ... ( read original story ...)
Nagoya smokers struggle to light up after station shuts smoking area
Smokers in Nagoya are struggling to find a place to smoke in public places amid the coronavirus outbreak, as a smoking area near a key station was shut down to avoid a crowd of people. On April 23, ... ( read original story ...)
Japan-style virus fight still halfway despite easing of emergency
Japan's partial lifting of a state of emergency appears to suggest that its approach to fighting the novel coronavirus based on reque ... ( read original story ...)
Japan’s regions, companies emerge from virus emergency while Tokyo restrictions remain
Large parts of Japan marked the first day out of a state of emergency on Friday while major cities remained under coronavirus restrictions and new testing suggested that contagion in Tokyo was wider ... ( read original story ...)
Japan’s Recession to Be Confirmed With Worse Yet to Come
Japan’s economy has slipped from sales-tax hangover into deep recession, official data is set to show on Monday, with worse to come even as coronavirus restrictions on activity are gradually lifted. ( read original story ...)
Japan Lifts Emergency in Most Areas but Not in Tokyo, Osaka
Abe lifted the emergency in 39 of Japan's 47 prefectures but left it in force in the capital and in the second-largest urban area of Osaka, as he tries to cushion the economic blow while stopping the ... ( read original story ...)
Osaka to remove part of business suspension requests from Saturday
Osaka Prefecture said Thursday it will remove part of its business suspension requests from Saturday, even as it remains under the state of emergency put in place by the central government. Department ... ( read original story ...)
Las Vegas Sands drops plan to develop casino in Yokohama
Adelson said he decided Las Vegas Sands should focus its energy on other opportunities outside Japan. The same day, Yokohama Mayor Fumiko Hayashi, who had antagonized residents by revealing the city’s ... ( read original story ...)
IOC anticipates $800M in costs for postponed Tokyo Olympics
The International Olympic Committee on Thursday announced it anticipates owing $800 million in expenses for planning the postponed 2020 Summer Olympics and aid for organizations supporting sports and ... ( read original story ...)
IPO Update: NuZee Readies $5 Million IPO
NuZee has proposed terms for its U.S. IPO. The firm makes single serve pour-over coffee products for its own brands and for others. NUZE is a tiny company with ... ( read original story ...)
Tokyo 2020: IOC sets aside $800m Olympics fund for delayed Games
The International Olympic Committee sets aside £654m to help with the "severe" financial impact caused by Tokyo 2020's postponement. ( read original story ...)
IOC says postponing Tokyo Olympics will cost it $800M
The IOC set aside $800 million on Thursday for loans and payments arising from the pandemic that forced the 2020 Tokyo Olympics to be postponed. It is still unclear how big ... ( read original story ...)