Tokyo and Osaka mass vaccination sign-ups swamped on first day

TOKYO -- Older adults in Tokyo and Osaka rushed to set dates for their coronavirus shots at central-government-run mass vaccination sites Monday after appointments opened up, but the launch was marred by flaws in the system.

Of the 50,000 slots available in Tokyo's central 23 wards, 41,000 had been filled by 8 p.m., while the 25,000 appointments in Osaka were fully booked, according to the Ministry of Defense.


Myanmar coup latest: US sanctions junta itself in latest move with allies

YANGON/BANGKOK -- Myanmar's military on Feb. 1 detained State Counselor Aung San Suu Kyi and President Win Myint in the country's first coup since 1988, bringing an end to a decade of civilian rule.

The Suu Kyi-led National League for Democracy had won a landslide in a general election in November . But the military has claimed the election was marred by fraud.

For all our coverage, visit our Myanmar Coup page.

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Japan to restrict use of foreign tech in telecom, power grids

TOKYO -- The Japanese government will introduce new regulations for 14 critical infrastructure sectors to bolster cyber defenses, learning from the recent Colonial Pipeline hack that shut down a major energy artery in America's East Coast.

The sectors include telecommunications, electricity, finance, railroads, government services and health care, Nikkei has learned. The government will require operators of such key infrastructure to address national security concerns when procuring foreign-made equipment.

The potential for cyberattacks and information leaks has grown over the years as telecom carriers and


Hong Kong activist fund gives locals cover to betray TSE landlord

Stephen Givens is a corporate lawyer based in Tokyo.

As Japan's rainy season descends and shareholder proposals for June-end annual general meetings begin to trickle in, Hong Kong-based LIM Advisors' approach to unlocking value in Japanese companies with low price-to-book ratios is, if nothing else, a diverting contrast to the usual menu of activist demands for higher dividends and share buybacks.

Rather than delving into balance sheet economics to persuade fellow shareholders to vote for a dividend or share buyback, LIM seems to


Australia pledges $1.8bn to keep its last oil refineries humming

SYDNEY -- Australia plans to provide up to about 2.4 billion Australian dollars ($1.87 billion) to save its oil-refining sector, cajoling its last two refineries into staying open at least until 2027.

The deal, announced Monday, comes as news of closings by multinationals stokes concerns about the nation's fuel security. BP said last October that it would convert its Australian refinery into an import terminal, with Exxon Mobil following suit in February.

This leaves domestic companies Ampol


Moon weighs 'Quad lite' at Biden summit

SEOUL -- When South Korean President Moon Jae-in meets U.S. President Joe Biden in the White House on Friday, the two are likely to discuss ways for Seoul to cooperate with the Quad.

Washington has already been urging South Korea and other relevant nations to join working groups being established by the Quad -- a loose alliance among the U.S., Japan, India and Australia -- according to a diplomatic source. The Moon administration is considering the prospect of passing on joining the Quad outright


Japan's 'izakaya' pubs buckle under COVID alcohol prohibition

TOKYO -- Kiyotaka Nishimura has closed the doors for good on the 14-seat wine bar and restaurant that he and his wife, Makiko, operated in suburban Tokyo for about 10 years.

Call General Warrant, which offered a contemporary and casual dining ambience, a COVID casualty. It closed in late March, 10 days after Japan came out of its second COVID state of emergency, and the Nishimuras have since moved to Ayabe, a rural town in Kyoto Prefecture, where they plan to take up mountain

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Japan party calls for Andrew Yang-style universal basic income

TOKYO -- Japan's conservative opposition Nippon Ishin no Kai (Japan Innovation Party) unveiled a new economic policy plan Monday that would consolidate much of the country's social welfare system into a universal basic income program.

The party envisions paying between 60,000 yen and 100,000 yen ($550 to $910) per month to everyone regardless of age. This would replace other types of aid such as public assistance programs, basic pensions and child


Tokyo Stock Exchange weighs extending hours to lure foreign money

TOKYO -- The Tokyo Stock Exchange is planning to extend trading hours beyond the current 3 p.m. so that it can stay open longer for investors in European and U.S. time zones, Nikkei learned on Monday.

The plan, which also provides more opportunities for domestic retail investors who trade after work, will be limited to the spot-trading of stocks. The exchange will discuss the plan with financial companies.

A meeting by the market management committee -- an advisory body to the TSE board of


Murder attempt on Maldives ex-president reveals rising radicalism

BANGKOK -- The Maldives may be known for its string of idyllic islands and luxury resorts, but a bomb explosion early this month in the capital, Male, targeting former President Mohamed Nasheed has exposed a darker side of the South Asian nation: its deadly pact with Islamic extremism.

Police have arrested three men involved in the May 6 attack, with initial reports fingering a link in the nation's Islamic extremist networks. The suspected assailants had affixed the bomb to a motorbike parked near Nasheed's car, remotely detonating