"It's a waste of money to take consumption-stimulating steps through extra budgets at a time when we have yet to contain the spread of the virus," one economist said. ( read original story ...)
Official costs of Tokyo Olympics up by 22% to 15.4 billion
The official cost of the postponed Tokyo Olympics has increased by 22%, the local organizing committee said Tuesday in unveiling its new budget. In an on-line news conference, organizers said the ... ( read original story ...)
Tokyo earmarks funds for aircraft acquisitions, F-X work
Tokyo has dedicated Y57.6 billion ($557 million) to its developmental F-X fighter in its next financial year starting 1 April 2021, as well as earmarking funds for a range of other aircraft. ( read original story ...)
Tokyo reports 563 new COVID-19 cases, a record high for a Tuesday
Tokyo has confirmed 563 new COVID-19 cases ... Suga said the government may instead ask restaurants and bars to further shorten business hours in a bid to curb the spread of the novel coronavirus. ( read original story ...)
Japan Inc. Slashes Winter Bonuses by 9% as Pandemic Takes Toll
Japanese companies cut year-end bonuses for their employees by 9%, the most since the global financial crisis, according to business lobby Keidanren. ( read original story ...)
Bitcoin’s Gains Don’t Seem ‘So Wild’ Compared to Stocks Like Tesla, Crypto Strategist Says
Tesla’s shares have soared more than 676% so far in 2020. Meanwhile, bitcoin has risen about 220% as of midnight EST Tuesday, according to Coin Metrics. ( read original story ...)
Nikkei hits 3-week low as new virus strain damps recovery hopes
Japanese shares plumbed three-week lows on Tuesday, as investors took profits from stellar gains over the past couple of months on concerns that a fast-spreading new coronavirus strain found in ... ( read original story ...)
Come Here for Hatsumode in Sapporo: A Complete Guide to Hokkaido Shrine (2021 Edition)
One of Hokkaido's most well-known shrines is Hokkaido Shrine, also called Hokkaidō Jingū, and it is one of the go-to "power spots" in the prefecture. From locals to sightseers from abroad, there are ... ( read original story ...)
Ripple says it will be sued by the SEC, in what the company calls a parting shot at the crypto industry
Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company ... ( read original story ...)
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
Japan's finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with ... ( read original story ...)
Tokyo stocks open down on worry about slower global economic recovery
Tokyo stocks opened lower Tuesday on growing concerns that business restrictions and flight bans imposed in Europe and beyond after the rapid spread of a new strain of the novel coronavirus in Britain ... ( read original story ...)
Lisa’s In and Around Tokyo: Tokyo Sewerage Museum–Where wastewater goes with the flow
It was only after I purchased the property that I found out it was not connected to ... My eyes were opened to a wonderous world beneath our feet at the Tokyo Sewerage Museum. At the museum, you can ... ( read original story ...)
SoftBank Just Filed for a $525 Million SPAC IPO. Here’s Why.
SoftBank’s vehicle, called SVF Investment, plans to target companies in a similar mold to its Vision Fund venture capital behemoth. ( read original story ...)
Tokyo’s Nikkei share average opens down 0.58 pct
Japan's benchmark Nikkei average opened down 0.58 percent at 26,559.33 on Tuesday, while the broader Topix shed 0.82 percent at 1,774.43. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
Japan Stocks Set to Trade Lower; Australia Retail Sales Data Ahead
The discovery of an infectious new Covid strain in the U.K. that has prompted tighter lockdowns and travel restrictions across Europe. ( read original story ...)
Tokyo Stock Exchange Is Set for One of Its Biggest IPOs of the Year
Japanese robo-advisor WealthNavi Inc. is set to debut on the Tokyo Stock Exchange Tuesday in one of the biggest initial public offerings on the bourse this year. ( read original story ...)