Your Daily Scan of the New Global Economy

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Japan
Tokyo hotel prices fall by half for would-be Olympics opening day 2020, was set to be one of the most difficult days in recent years to book a hotel in Tokyo. But with the 2020 Tokyo Summer Olympics postponed, the would-be opening day of the big event has seen a flurry of cancellations, leading to...
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Japan’s homeless at risk from coronavirus pandemic There are 4,555 homeless people currently living in Japan, according to the latest figures published by the Ministry of Health, Labor and Welfare in April last year. Of those, 1,126 live in Tokyo, the epicenter of Japan’s COVID-19 outbreak. (Japan Times) Posted: April 5, 2020 9:39 pm by...
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Woman arrested for trespassing at Abe's private residence in Tokyo A 26-year-old woman was arrested on Sunday for allegedly trespassing on the grounds of Prime Minister Shinzo Abe’s private residence. (Japan Times) Posted: April 5, 2020 9:32 pm by News On Japan
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Japan's key sectors prepare for virus emergency Japanese companies are moving to prevent sectors vital to modern society from shutting down if the government declares an emergency over the coronavirus pandemic. (Nikkei) Posted: April 5, 2020 9:27 pm by News On Japan
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Japan gov't to earmark 1 tril. yen for reserve fund to fight coronavirus Japan will earmark 1 trillion yen ($9.2 billion) for a reserve fund to fight the new coronavirus pandemic, according to a draft of an emergency economic package being compiled by the government. (Kyodo) Posted: April 5, 2020 9:25 pm by News On...
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Not made in China is global tech’s next big trend Three years ago, manufacturing gadgets in China was a given. That’s changed fundamentally in the era of trade wars and coronavirus.Under the new reality, the … Posted: April 4, 2020 6:27 pm by The Japan Times
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ANA seeks ¥1.3 trillion in credit amid coronavirus crisis Japanese airline group ANA Holdings Inc. has asked the government-affiliated Development Bank of Japan and private financial institutions to set up credit lines totaling ¥1.3 … Posted: April 4, 2020 6:24 pm by The Japan Times
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Kyocera plans health-analysis device based on odor of feces Kyocera Corp. has started developing a device to check human health and immunity from the odor of one’s stool, aiming to put it into practical … Posted: April 4, 2020 12:55 pm by The Japan Times
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IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director calls on advanced economies to step up … Posted: April 4, 2020 10:37 am by The Japan Times
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