Tokyo Games to cost $13B

Organizers of the Tokyo Olympics estimate the total cost of hosting the 2020 Games will be between 1.6 and 1.8 trillion yen ($13-$15 billion). The official cost estimate announced Wednesday was below the promised 2 trillion ($17 billion) cap, while ... ( read original story ...)

Tokyo unveils $16.8 billion budget, to seek more savings

Tokyo won hosting rights largely on its reputation for efficiency Tokyo 2020 organisers unveiled on Wednesday a budget of $16.8 billion for hosting the next Summer Games and vowed to seek further savings in co-operation with the International Olympic ... ( read original story ...)

Japan Decides to Scrap 'Monju' Fast-Breeder Nuclear Reactor

Japan has decided to shut down an experimental fast-breeder nuclear reactor that drained government finances for years without living up to hopes it would be a savior for the resource-poor country's energy needs. Government ministers decided Wednesday to ... ( read original story ...)

New US Okinawa base backed by Japan Supreme Court

Japan's Supreme Court has ruled in favour of the government's plan to relocate a US airbase to a remote part of the island of Okinawa. The island's governor wanted the base moved off Okinawa altogether and built in another part of Japan. The US has about ... ( read original story ...)

Japan’s Media: A Narrow Window on the World

Realizing change in the how the Japanese media covers the world is going to be challenging, to say the least. Not only is there the problem of a financially shrinking news media sector—gathering and presenting international news is rarely financially ... ( read original story ...)

Japan Display to receive $640 million in state-fund aid

TOKYO (Reuters) - Japan Display Inc's state-backed main investor has agreed to provide 75 billion yen (517.13 million pounds) in aid to the struggling display maker, in a publicly funded bailout to help it reduce its dependence on Apple Inc ( read original story ...)

Olympic organizers in Tokyo disclose total cost estimate

TOKYO (AP) -- Organizers of the Tokyo Olympics estimate the total cost to host the 2020 Games will be between 1.6 and 1.8 trillion yen ($13-$15 billion). The official cost estimate announced Wednesday was slightly below the promised 2 trillion ($17 billion ... ( read original story ...)

Japan Display to receive $640 million aid from top investor INCJ

TOKYO (Reuters) - Japan Display Inc's state-backed main investor has agreed to provide up to 75 billion yen ($640 million) in aid to the struggling smartphone display maker, in a publicly funded bailout to help it reduce its dependence on Apple Inc. Japan ... ( read original story ...)

Air New Zealand to fly to a second Tokyo airport

Air New Zealand will split its Tokyo services between Haneda and Narita Airports from July next year, offering customers two points of entry into Japan's capital city. The airline currently operates daily flights to Narita International Airport increasing ... ( read original story ...)