T, Japan's largest lender by assets, said on Tuesday its first-quarter net profit more than halved as credit-related costs ballooned due to the coronavirus pandemic. MUFG, which owns 24% of Wall ... ( read original story ...)
Wynn Resorts reconsidering Japan casino as it closes Yokohama office
It now appears that Wynn might be losing a little of its enthusiasm and has decided to shut down the office it opened in Yokohama, Japan to begin working toward receiving one of the first three ... ( read original story ...)
Casino giant Wynn closes Yokohama office amid license delay
Wynn Resorts Ltd. said it closed its Yokohama office after plans for Japan to award casino licenses were delayed but remains interested in the project. ( read original story ...)
Day 11 of postponed Tokyo Games finally brings summer heat
Tuesday would have been Day 11 of the 2020 Olympics. And it finally brought what was feared the most before the pandemic postponed the games for a year: A hot and humid Tokyo summer day. After ... ( read original story ...)
Tokyo reports 309 new coronavirus cases, bringing city’s total over 14,000
Tokyo confirmed 309 new cases of COVID-19 on Tuesday, bringing the city’s cumulative total beyond 14,000, the metropolitan government said. With Tuesday’s figure, a total of 14,022 cases have been ... ( read original story ...)
Japan needs to consider extension of special employment subsidy for firms: ruling party
Japan needs to consider extending a special subsidy aimed at helping companies hit by the coronavirus pandemic to keep furloughed workers on the payroll, an official from Japan's ruling Liberal ... ( read original story ...)
Japan to update English translations of business laws by FY2022
TOKYO -- The Ministry of Justice will update the English translations of Japan's business-related laws and regulations. The full-scale revision, planned to be completed by the end of the fiscal ... ( read original story ...)
Japan foreign minister to visit UK from Aug. 5 to clinch early trade deal
Japanese Foreign Minister Toshimitsu Motegi said on Tuesday he planned to visit Britain from Aug. 5-7 to hold talks with British Trade Minister Liz Truss on the early conclusion of a bilateral free ... ( read original story ...)
Japanese shares track Wall Street higher, weaker yen supports exporters
TOKYO, Aug 4 (Reuters) - Japanese shares rose on Tuesday as investor sentiment was lifted by a tech-led overnight rally on Wall Street, and a softer yen propped up exporters. The benchmark Nikkei ... ( read original story ...)
Japan’s Economy Shrinks at Same Pace in 1Q as Capex Holds Up
Japan’s economy shrank at the same pace as previously estimated in the first quarter, according to a further revision of data that continued to show the country was in a recession before the pandemic ... ( read original story ...)
Japan will respond if South Korea seizes Japanese assets: deputy PM Aso
Japan would need to respond if South Korea seizes Japanese assets over wartime forced labour disputes, Deputy Prime Minister Taro Aso said on Tuesday, describing such a move as being in breach of ... ( read original story ...)
Overall Tokyo Inflation Jumps 0.6% On Year In July
Overall consumer prices in the Tokyo region were up 0.6 percent on year in July, the Ministry of Internal Affairs and Communications ... ( read original story ...)
Crypto Hedge Fund Neural Capital Closes After Losing Half Its Money
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered. The fund has lost half its money since launching in 2017 and is in the process of refunding ... ( read original story ...)
Japan first-quarter GDP unchanged at 2.2% annualised contraction after 2nd revision
Japan's economy shrank an annualised 2.2% in January-March, unchanged after a second revision, data from the Cabinet Office showed on Monday. The additional revision for gross domestic product (GDP) ... ( read original story ...)
Tokyo Paralympic competition schedule will be same next year
The Tokyo 2020 Paralympic schedule remains essentially unchanged for the event that has been postponed until next year, organizers said on Monday. ( read original story ...)
Paralympics: Specific COVID-19 measures may be needed for Tokyo, organisers say
The Tokyo Paralympics may require specific COVID-19 measures to help keep athletes safe as they move between venues, organisers said on Monday. The 2020 Summer Olympics and Paralympics have been ... ( read original story ...)