TOKYO -- The Tokyo Olympics are well underway after a long journey filled with controversy, and an unprecedented one-year postponement because of the COVID-19 pandemic.

The proceedings officially began with the opening ceremony at the National Stadium , a mostly subdued affair mixed with joyous moments like a high-tech drone show, and capped by tennis star Naomi Osaka lighting the Olympic cauldron.

We're tracking the latest medal count .

Read our breakdown of the events to watch .

Here are the latest developments:

Friday,

SEOUL -- Game developer Krafton has confirmed its initial public offering price at the top of its suggested range, paving the way for it to become South Korea's second-biggest IPO.

Krafton, best known for its battle royale game PlayerUnknown's Battlegrounds, or PUBG, said Thursday that it would offer 8.7 million shares at 498,000 won ($434) per share, as 95% of institutional investors were willing to buy the stock at that price or

TOKYO -- Japan's trade ministry will work with the U.S. and the European Union to expand its use of tariffs targeting state-subsidized imports sold in the country at unfairly low prices.

Tokyo looks to encourage businesses to request countervailing duties, one option allowed by the World Trade Organization when excessive subsidies from an exporting country enable goods to be sold so cheaply that domestic industry cannot compete.

The U.S, the EU and others have often opted for this remedy in cases where foreign products are seen

Nikkei Asia is tracking the spread of the coronavirus that was first detected in the central Chinese city of Wuhan.

Cumulative global cases have reached 196,518,666, according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 4,196,339.

For more information about the spread of COVID-19 and the progress of vaccination around the world, please see our interactive charts and maps.

-- Global coronavirus tracker charts

-- Status of

NAGOYA (Kyodo) -- Toshihide Masukawa, a 2008 Nobel laureate in physics known for his theory on elementary particles, has died at his home in Kyoto due to an aggressive form of mouth cancer, a Japanese university said Thursday. He was 81.

The physicist, who died last Friday of carcinoma of the maxillary gingival, shared the Nobel Prize in physics that year with two other Japanese scientists, Makoto Kobayashi and Yoichiro Nambu, who held U.S. citizenship, recognized for their contribution to

SINGAPORE -- Singapore Airlines faces an uneven road to recovery as the more contagious delta variant of the new coronavirus and a persisting pandemic threaten to upend the resumption of mass travel worldwide.

The Singapore Exchange-listed company on Thursday reported a net loss of 409 million Singapore dollars ($302 million) for the April to June quarter -- the first in its new financial year, after racking up an annual net loss of SG$4.27 billion the year before.

"The growing pace

TAIPEI -- Huawei Technologies on Thursday night revealed its first premium smartphones equipped with the Chinese group's alternative to Android software but without 5G connectivity, in a setback forced by restrictions on its access to American technology.

Huawei -- the world's second-biggest smartphone maker as recently as last year -- said its latest P50 and P50 Pro phones run on HarmonyOS.

Consumer electronics group CEO Richard Yu unveiled the phones in a low-key, Chinese-language-only online event

TOKYO -- The Tokyo Olympics are well underway after a long journey filled with controversy, and an unprecedented one-year postponement because of the COVID-19 pandemic.

The proceedings officially began with the opening ceremony at the National Stadium , a mostly subdued affair mixed with joyous moments like a high-tech drone show, and capped by tennis star Naomi Osaka lighting the Olympic cauldron.

We're tracking the latest medal count .

Read our breakdown of the events to watch .

Here are the latest developments:

Thursday,

JAKARTA -- The U.S. and Indonesian armies will launch joint drills Sunday focused on island defense with more 4,500 service members, the largest exercise ever conducted by the two countries, Nikkei has learned.

The upcoming drills, part of the Garuda Shield exercises conducted annually by the two militaries for more than a decade, will be held on the Indonesian islands of Sumatra and Sulawesi as well as in Kalimantan for two weeks, a source close to the Indonesian military told Nikkei.

The maneuvers come amid