Tibet's exiled leader accuses China of cultural destruction
TOKYO -- The new leader of the Tibetan government-in-exile has lashed out at China, accusing it destroying Tibet's identity and calling on the U.S. and other democratic forces to unite to counter Beijing.
Penpa Tsering, 58, made the remarks in an online interview with Nikkei. He became the new president of the Tibetan government-in-exile, which is based in the northern Indian city of Dharamsala, in late May.
Chinese troops occupied Tibet in 1950 and
Suga kicks off diplomatic marathon by welcoming Jill Biden
TOKYO -- Japanese Prime Minister Yoshihide Suga on Thursday began meeting with foreign dignitaries arriving for the Summer Olympics, with U.S. first lady Jill Biden among the first received ahead of Friday's opening ceremony.
Suga and his wife, Mariko, had dinner with Biden at the Akasaka Palace state guesthouse.
Biden's attendance at the opening ceremony is "extremely meaningful" for Japan-U.S. relations, Suga told the first lady, who expressed hope that the Games will be a success.
The
Singapore's GIC leans more on private markets as returns lift
SINGAPORE -- Singapore's sovereign wealth fund GIC is leaning more heavily on private markets to sustain returns, as it posted its best performance since 2015 during its last fiscal year.
The investor on Friday said that after accounting for global inflation, its portfolio achieved an annualized real rate of return of 4.3% over a 20-year period that ended on March 31 this year.
GIC, one of the world's most prolific institutional investors, uses this benchmark to gauge its performance
Olympics latest: Countdown begins to Friday's opening ceremony
TOKYO -- The Tokyo Olympics are finally upon us after a long journey filled with controversy, and an unprecedented one-year postponement because of the COVID-19 pandemic.
While some sports have already held events, it officially begins with the opening ceremony at the National Stadium on Friday evening.
Key events to watch on July 23 ( Tokyo time)
8 p.m. Opening ceremony
Archery
9 a.m. Women's individual ranking round. The field includes world record holder Kang Chae-young of
Australia's Star Entertainment pulls $6.6bn bid for Crown Resorts
Australian casino operator Star Entertainment Group on Friday withdrew a A$9 billion ($6.6 billion) buyout proposal for rival Crown Resorts Ltd after an inquiry heard the target should lose its main licence, sending its shares lower.
Star, the country's No. 2 casino operator, said it may yet consider a tie-up with the troubled larger company, but was concerned about the impact of an inquiry on its value "including whether it retains the licence to operate its Melbourne casino or the conditions under
Nikkei Asia wins gold for US-China decoupling and vaccine features
TOKYO -- Nikkei Asia has won two of the top prizes in this year's Asian Media Awards for its reporting on the U.S.-China trade war and the pandemic.
" Inside the US campaign to cut China out of the tech supply chain ," by Lauly Li and Cheng Ting-Fang, received the gold award for feature writing, the World Association of News Publishers (WAN-IFRA) announced Thursday.
Nikkei Asia also won gold in pandemic reporting for CK Tan and Erwida Maulia's
MUFG Union Bank avoids closures with bare-bones branches
NEW YORK -- Japanese-owned MUFG Union Bank will make more than 80% of its U.S. branches stripped-down locations to cut costs while maintaining its reach to customers, its newly appointed CEO said in an interview.
Union Bank will keep its current network of about 300 locations, but will have 45 locations serve as full-service anchor branches while the rest will be smaller limited-service branches, Kevin Cronin said.
The move comes as Union Bank's parent Mitsubishi UFJ
Nikkei Asia wins gold for US-China decoupling and vaccine features
TOKYO -- Nikkei Asia has won two of the top prizes in this year's Asian Media Awards for its reporting on the U.S.-China trade war and the pandemic.
" Inside the US campaign to cut China out of the tech supply chain ," by Lauly Li and Cheng Ting-Fang, received the gold award for feature writing, the World Association of News Publishers (WAN-IFRA) announced Thursday.
Nikkei Asia also won gold in pandemic reporting for CK Tan and Erwida Maulia's
Pokemon Go still catches 'em all after 5 years
TOKYO -- Five years after its launch, Pokemon Go monsters still run amok in the world and are chased by a legion of fans.
Among those on the monster hunt is an avid fan in his 40s who has played the game every single day.
"At first it was just about collecting Pokemon, but more ways to play have been added in, like [different types of] battles between Pokemon," said the man, who lives in a Tokyo suburb. He has caught more than 20
Cyberattacks zero in on Tokyo Olympics as Games begin
TOKYO -- With the opening ceremony of the Tokyo Olympics approaching, malicious software and websites have targeted both event organizers and ordinary fans.
A fake PDF file masquerades as a Japanese-language report on Olympics-related cyberattacks, for example. Opening it activates malware that infects the user's computer and deletes files.
This malware was uploaded to the VirusTotal malware-scanning site Tuesday and has been detected by several antivirus software products around the world, according to Tokyo-based Mitsui Bussan Secure Directions.
Its targets include files