TOKYO (AP) — Taxpayers beware: The cost of hosting an Olympics is likely to be far more than advertised. The price tag on the 2020 Tokyo Olympics has ballooned to nearly twice the initial estimate, even after a major cost-cutting effort. A major reason ... ( read original story ...)
Nikkei tops 20,000 but autos, banks and yen make investors doubt sustainability
TOKYO/SINGAPORE A 10 percent surge over six weeks swept Japan's Nikkei stock index above the 20,000-point barrier for the first time since late 2015 on Friday, without dispelling doubts about the rally's shelf life given the outlook for automakers ... ( read original story ...)
Behind Nikkei rally: dearth of shares to sell
In Asia, South Korean and Indian stocks are in record territory. The Nikkei? It's up 4%. Japanese stocks have not yet received their invitation to the global stock market party. The extent of the neglect is evident from data. According to the Bank for ... ( read original story ...)
Nikkei rises above 20,000 to hit nearly two-year high on upbeat US data
Japan’s Nikkei share average broke through the 20,000-point barrier for the first time since December 2015 on Friday after a batch of strong U.S. economic data lifted Wall Street and the U.S. currency against the yen. The Nikkei swept through 20,000 in ... ( read original story ...)
Tokyo Olympics cost twice the initial estimate: Why?
TOKYO (AP) — Taxpayers beware: The cost of hosting an Olympics is likely to be far more than advertised. The price tag on the 2020 Tokyo Olympics has ballooned to nearly twice the initial estimate, even after a major cost-cutting effort. A major reason ... ( read original story ...)
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 ...)
Sapporo becomes largest city in Japan to recognise same-sex couples
Sapporo has become the largest city in Japan to recognise same-sex couples. The city, which has a population of over two million, has today begun offering certificates called ‘partnership vows’ to allow same-sex couples over the age of 20 to get legal ... ( 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 ...)
Japanese business to invest in Ukraine, hopes for cooperation under win-win formula
Prime Minister of Ukraine Volodymyr Groysman and Chairman of the Committee on Business Cooperation with Ukraine of the Japan Business Federation Keidanren Teruo Asada at a meeting in Kyiv have discussed the prospects of attracting Japanese business ... ( 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 ...)
How to Fly Round-Trip to Japan in Business Class for $100: Part 4 – The Secret to Flying Cathay Pacific Business Class
Disclosure: We get a commission for links on the blog. You don’t have to use our links, but we’re very grateful when you do. American Express, Barclaycard, Capital One, Chase, and US Bank are Million Mile Secrets advertising partners. Opinions ... ( 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 ...)
Nikkei rises above 20,000 to hit nearly 2-year high on upbeat U.S. data
TOKYO, June 2 Japan's Nikkei share average broke through the 20,000-point barrier for the first time since December 2015 on Friday after a batch of strong U.S. economic data lifted Wall Street and the U.S. currency against the yen. The Nikkei swept through ... ( read original story ...)