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Posted on August 28, 2020

Shinzo Abe, Japan’s Longest-Serving Leader, to Resign Because of Illness

Mr. Abe has been prime minister for nearly eight consecutive years, a significant feat in a country accustomed to high turnover in the top job.

( read original story …)



Posted on August 28, 2020

Explainer: How does Japan’s PM Abe score on his policy agenda?

Japanese Prime Minister Shinzo Abe, the nation’s longest serving premier, is set to resign, a person familiar with the matter said on Friday.

( read original story …)



Posted on August 28, 2020

Black Lives Matter pushes Japan to confront racism

To many Japanese, racism towards black people has long been considered something that happens in the US or Europe, not at home. But when the death of George Floyd in the US sparked a wave of protests …

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Posted on August 27, 2020

Vanguard closing Japan, Hong Kong operations; focusing Asia operations on China

Its new Asian headquarters will be in Shanghai, though the closures will occur gradually over the six months to two years and an undisclosed number of layoffs will take place.

( read original story …)



Posted on August 27, 2020

Japan insurer Sompo steers into self-driving with Tier IV stake

TOKYO — Sompo Holdings will invest 9.8 billion yen ($92 million) for an 18% stake in Japan’s largest self-driving systems company, Nagoya-based Tier IV, a deal that the company expects to help it …

( read original story …)



Posted on August 27, 2020

Chipmaker Kioxia to raise up to $3.6bn in Japan IPO

Kioxia Holdings, the memory chip business sold by Toshiba two years ago in an effort to avert financial disaster, will raise up to ¥378bn ($3.6bn) in Tokyo’s biggest stock market listing this year.

( read original story …)



Posted on August 27, 2020

Top Japan government spokesman signals push to re-open economy, boost stimulus

Japan wants to avert another state of emergency and needs to consider more stimulus to revive the economy, the government’s top spokesman said, signalling Tokyo’s resolve to focus on re-opening …

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Posted on August 27, 2020

Tomatoes? A scrunchie? Japan perplexed by Osaka World Expo logo

Design comprises an imperfect ring made up of a dozen bouncing red blobs – some with googly eyes …

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Posted on August 27, 2020

BOJ’s Suzuki says Japan banks could see spike in COVID-related credit costs

Japanese financial institutions may see credit costs balloon to levels hit during the global financial crisis if a second and third wave of coronavirus infections hammer the economy, Bank of Japan …

( read original story …)



Posted on August 27, 2020

Morgan Stanley-Run ESG Fund Is Biggest Japan Debut in 20 Years

A bet on ESG and a rush among Japanese investors to own foreign stocks, particularly in the technology space, has proved to be a winning combination for a fund managed by Morgan Stanley Investment …

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