Japan: SoftBank books loss of USD 16.7 billion
TOKYO – SoftBank Group expects to book a loss of $16.7 billion on its investments at its Vision Fund, the world’s largest vehicle for tech startups. The losses announced Monday in effect wipe out the gains that the nearly $100 billion … Continue reading Japan: SoftBank books loss of USD 16.7 billion
Japan wrangling over business restrictions
TOKYO – A battle is brewing between a local governor trying to close down all businesses to contain COVID-19 and a central government hoping to minimize the economic impact. Prime Minister Shinzo Abe and Tokyo Gov. Yuriko Koike are wrangling … Continue reading Japan wrangling over business restrictions
Japan declares state of emergency
Tokyo – Japan is to declare a state of emergency in Tokyo and six other prefectures as early as Tuesday in a bid to stop the coronavirus, Prime Minister Shinzo Abe said, with the government preparing a stimulus package to … Continue reading Japan declares state of emergency
Tokyo Olympic Games moved to 2021
Tokyo – The Tokyo Olympics were postponed on Tuesday to 2021, the first such delay in the Games’ 124-year modern history, as the coronavirus crisis wrecked the world’s last sporting showpiece still standing this year. Though a huge blow to … Continue reading Tokyo Olympic Games moved to 2021
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