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Olympics Japanese towns abandon plans to host Olympics athletes amid coronavirus surge-Nikkei

13-May-2021 Intellasia | Reuters | 12:23 PM

Dozens of Japanese towns have abandoned plans to accept overseas athletes competing in the Olympics from July due to concerns about inadequate resources amid a fourth wave of [...] » More

Nomura raises profit target in recovery from Archegos blowup

13-May-2021 Intellasia | JapanTimes | 5:02 AM

Nomura Holdings Inc. raised its pre-tax income target for the financial year ending March 2023 by 14%, with the bulk of growth expected to come from its wholesale division as [...] » More

Household spending falls 4.9pct in fiscal 2020, second largest drop on record

13-May-2021 Intellasia | JapanTimes | 5:02 AM

Japan’s household spending in fiscal 2020 fell a real 4.9 percent from a year earlier, posting the second-sharpest drop on record as the coronavirus pandemic forced [...] » More

Shionogi aiming to provide Japan’s first domestically produced COVID-19 vaccine this year

13-May-2021 Intellasia | JapanTimes | 5:02 AM

Japanese drugmaker Shionogi & Co. is planning to provide a coronavirus vaccine within the year if conditions are met, its president said Monday. It would be the first [...] » More

Japan’s Nomura still betting on global expansion to lift profit, despite Archegos hit

13-May-2021 Intellasia | Reuters | 5:02 AM

Nomura Holdings Inc (8604.T) raised its pre-tax income target for the next fiscal year by 14%, showing the long-cherished ambitions of Japan’s top brokerage and [...] » More

Government indicators show Japan’s economy ‘improving’ in March

13-May-2021 Intellasia | JapanTimes | 5:02 AM

The government said Wednesday that Japan’s economy is “improving,” raising its assessment based on a key index that showed exports and production rebounded [...] » More

Japan’s seriously ill COVID-19 patients continue to increase

13-May-2021 Intellasia | KyodoNews | 5:02 AM

The number of COVID-19 patients with severe symptoms in Japan rose to a record 1,176, the health ministry said Tuesday, amid growing concerns over an increasing number of [...] » More

Tokyo 2020 sponsor Toyota ‘conflicted’ over pandemic Olympics

13-May-2021 Intellasia | JapanTimes | 5:02 AM

A top executive of Tokyo 2020 Olympic Games sponsor Toyota Motor Corp. said officials of the company felt “conflicted” over the desire to see the Olympics succeed [...] » More

Osaka Prefecture reports record 55 deaths linked to virus

13-May-2021 Intellasia | Kyodo | 5:02 AM

Osaka Prefecture on Tuesday reported a single-day record 55 deaths linked to COVID-19 and 974 new cases of the virus as Tokyo saw 925 infections amid growing fears over the [...] » More

Japan’s coronavirus vaccine booking system crashes

13-May-2021 Intellasia | Reuters | 5:02 AM

Technical problems derailed Japan’s coronavirus vaccination booking system on Wednesday, compounding frustration over the government’s handling of new outbreaks [...] » More

Sri Lankan’s death in spotlight as Japan debates immigration bill

13-May-2021 Intellasia | Kyodo | 5:02 AM

The death of a Sri Lankan woman detained at a central Japan immigration facility has been in the spotlight as the Diet debates a controversial bill to revise the immigration [...] » More

Olympics Japan prepares to vaccinate its Olympians, Paralympians

13-May-2021 Intellasia | Reuters | 5:02 AM

Japan is gearing up to offer COVID-19 vaccinations to around 2,500 Olympic and Paralympic athletes and support staff, using shots donated for the Games amid public anger over [...] » More

Japan eyes vaccines for teens as infections spread among young people

13-May-2021 Intellasia | Kyodo | 5:02 AM

Japan has started making arrangements to allow adolescents between the ages of 12 and 15 to be vaccinated against COVID-19 amid a rising number of coronavirus infections [...] » More

SoftBank joins corporate heavyweights with $37 billion Vision Fund profit

13-May-2021 Intellasia | Reuters | 5:02 AM

SoftBank Group Corp (9984.T) on Wednesday reported a record 4.03 trillion yen ($37 billion) Vision Fund unit profit from a fourth-quarter gain on Coupang, putting it among [...] » More

UPDATE 1-Japan’s SMFG to halt all new financing of coal-fired power plants

13-May-2021 Intellasia | Reuters | 5:02 AM

Sumitomo Mitsui Financial Group Inc said on Wednesday it is halting new financing for all coal-fired power plants, becoming the first major Japanese lender to make such a [...] » More