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Nissan joins GM in exiting auto group backing Trump
  + stars: | 2020-12-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.62   time to read: 1 min
FILE PHOTO: The brand logo of Nissan Motor Corp. in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File PhotoWASHINGTON (Reuters) - Japanese automaker Nissan Motor Co said on Friday it was joining General Motors in exiting a group of automakers that had backed U.S. President Donald Trump in his bid to prevent California from imposing its own vehicle emissions rules. Last week, GM reversed course in the ongoing court fight, winning praise from Democratic President-elect Joe Biden. In October 2019, GM joined Toyota Motor Corp, Fiat Chrysler Automobiles NV, Nissan and other automakers supporting Trump effort’s to bar California from setting its own fuel-efficiency rules, or zero-emission requirements, for vehicles.
Persons: Issei Kato, Donald Trump, Joe Biden Organizations: Nissan Motor Corp, REUTERS, WASHINGTON, Nissan Motor, General Motors, GM, Democratic, Toyota Motor Corp, Fiat Chrysler Automobiles NV, Nissan, Trump Locations: Yokohama, Tokyo, Japan, California
FILE PHOTO: Yoshihide Suga, Japan's prime minister, speaks during a joint news conference with Scott Morrison, Australia's prime minister at Suga's official residence in Tokyo, Japan, Nov. 17, 2020. Kiyoshi Ota/Pool via REUTERS/File PhotoTOKYO (Reuters) - Japanese Prime Minister Yoshihide Suga said on Friday he would do his utmost to quickly prepare a coronavirus vaccine that can be provided to people in need. Suga also told a news conference he would decide on an economic stimulus package early next week, adding that green and digital initiatives would be core to the recovery from the coronavirus pandemic.
Persons: Yoshihide Suga, Scott Morrison, Australia's, Kiyoshi Ota, Suga Locations: Tokyo, Japan, TOKYO
Japan PM Suga says to decide new economic package next week
  + stars: | 2020-12-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: 1 min
FILE PHOTO: Yoshihide Suga, Japan's prime minister, speaks during a joint news conference with Scott Morrison, Australia's prime minister at Suga's official residence in Tokyo, Japan, Nov. 17, 2020. Kiyoshi Ota/Pool via REUTERS/File PhotoTOKYO (Reuters) - Japan’s government will decide on a fresh economic package early next week by finalising its size, Prime Minister Yoshihide Suga said on Friday. Speaking at a news conference to mark the end of the parliamentary session, Suga said the new package would include an unprecedented 2 trillion yen ($19 billion) fund to promote carbon neutrality in 2050, among a slew of steps to cope with the economic impact of COVID-19. Suga also said Japan would set aside 1 trillion yen to promote digital transformation in the stimulus package.
Persons: Yoshihide Suga, Scott Morrison, Australia's, Kiyoshi Ota, Suga Locations: Tokyo, Japan, TOKYO
Japanese organisers say 2020 Games delay to cost them $2.8 billion
  + stars: | 2020-12-04 | by ( Jack Tarrant | ) www.reuters.com sentiment -0.99   time to read: +2 min
TOKYO (Reuters) - The postponement of the Tokyo Olympic Games until next year because of the novel coronavirus pandemic will cost Japanese organisers an additional 294 billion yen ($2.8 billion), the organising committee said on Friday. REUTERS/Kim Kyung-HoonOrganisers have been assessing the financial impact of the delay since the Japanese government and International Olympic Committee (IOC) decided in March to postpone the Games until 2021. Tokyo metropolitan government is expected to pay 120 billion yen, the organising committee 103 billion yen and the Japanese government 71 billion yen, organisers said. “Tokyo’s costs are Tokyo’s costs,” Tokyo 2020 CEO Toshiro Muto said. The last official budget given by the organising committee in December 2019, months before the Games were postponed, was $12.6 billion.
Persons: Kim Kyung, , Toshiro Muto, Yoshiro Mori, Bach, , Mori, Organizations: Tokyo Olympic Games, REUTERS, Hoon, International Olympic Committee, IOC, Japanese, Games, Japanese rugby Locations: TOKYO, Tokyo, Japan
TOKYO (Reuters) - Japan should consider creating a safety net for companies that may need help surviving the hit from the coronavirus pandemic, such as airlines and transportation firms, said Heizo Takenaka, a close aide to premier Yoshihide Suga. Slideshow ( 2 images )The Bank of Japan (BOJ) also may need to support financial institutions if they suffer huge losses from big bailouts, said Takenaka, who as economic minister battled Japan’s domestic banking crisis in the late 1990s. Takenaka, a member of a panel overseeing the government’s growth strategy, said Japan must create rules so that decisions on which companies to rescue are not political or arbitrary. But it’s hard to draw such a line for manufacturers.”Airlines have been among industries hit hardest by the coronavirus pandemic. Some lawmakers have floated the idea of merging Japan’s two biggest airlines - ANA Holdings and Japan Airlines Co Ltd (JAL).
Persons: Heizo Takenaka, Yoshihide, Takenaka, ” Takenaka, , Takaneka Organizations: Bank of Japan, Reuters, Industrial Revitalization Corporation of Japan, Industrial Revitalisation Corporation of Japan, ” Airlines, ANA Holdings, Japan Airlines Co Ltd, JAL, ANA, Pasona, Inc, Dentsu Inc, Dentsu, Ministry, Economy, Trade, Industry Locations: TOKYO, Japan, Seoul, Taipei
TOKYO (Reuters) - Japan’s core machine orders likely rebounded in October along with demand for Japanese exports, a Reuters poll showed on Friday, but a resurgence in coronavirus cases at home and abroad could dampen the economic outlook. REUTERS/Issei KatoCore machinery orders, widely considered an indicator of capital spending in the next six to nine months, likely rose 2.8% in October from the previous month, when orders fell 4.4%, according to the poll of 18 economists. “Machinery orders in the manufacturing sector likely grew led by a recovery in exports,” said Yusuke Shimoda, senior economist at Japan Research Institute. Capital spending, a key component of GDP, likely eased 3.2% in the third quarter, little changed from a 3.4% fall in a preliminary reading, the poll showed. Household spending likely rose 2.5% in October from a year earlier, the poll showed, rebounding from a 10.2% drop in September.
Persons: Issei Kato, , Yusuke Shimoda Organizations: Kawasaki, Mitsubishi, Bus Corp, Daimler AG, REUTERS, “ Machinery, Japan Research Institute Locations: TOKYO, Germany, Kawasaki, Tokyo, Japan
Covid-19 Adds $2.5 Billion to Tokyo Olympics Bill
  + stars: | 2020-12-04 | by ( Alastair Gale | ) www.wsj.com sentiment -0.99   time to read: +1 min
TOKYO—Next summer’s Olympics in Tokyo will cost at least an extra $2.5 billion because of the Covid-19 pandemic, event organizers said. The International Olympic Committee and organizers in Japan say they are confident the Games can go ahead in July after a one-year postponement, but costs have been piling up and opinion polls show the Japanese public would prefer a further delay or cancellation. Japanese Prime Minister Yoshihide Suga said Friday that leaders around the world have told him they supported his determination to hold the Olympics “as proof that humanity has rallied together and defeated the virus.”The Japanese organizers have now put a figure on new costs to host the event. Those include fees to rebook facilities and pay additional wages of staff, as well as virus testing and other measures at the event to prevent the spread of the coronavirus. Costs directly related to the delay are expected to total around $1.5 billion, around half of which will be covered by event sponsors and insurance payouts triggered by the delay, Tokyo 2020 Chief Executive Toshiro Muto said.
Persons: Yoshihide Suga, Toshiro Muto Organizations: TOKYO, Olympic Committee Locations: Tokyo, Japan
TOKYO (Reuters) - Japan will establish subsidies for regional banks that shore up their core strength through mergers and integration as part of efforts to revive regional economies hit by the COVID-19 pandemic, a draft stimulus package seen by Reuters showed on Friday. The draft stimulus package is expected to be finalised and approved by Prime Minister Yoshihide Suga’s cabinet on Dec. 8.
Persons: Yoshihide Suga’s Organizations: Reuters Locations: TOKYO, Japan
In new stimulus, Japan to offer regional banks incentives to merge
  + stars: | 2020-12-04 | by ( Takaya Yamaguchi | ) www.reuters.com sentiment -1.00   time to read: +2 min
TOKYO (Reuters) - Japan will offer subsidies to regional banks that merge with rivals as part of plans to encourage economic growth in regional areas, a draft of a stimulus package seen by Reuters showed on Friday. FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, 2020. Prime Minister Yoshihide Suga has promised to support rural areas and their ailing lenders, which have suffered from thin margins amid ultra-low interest rates and a dwindling population base. The new measures would follow a Bank of Japan announcement last month that it will set up a scheme to pay interest of 0.1% to regional banks that consolidate or cut costs. The stimulus package is expected to be finalised and approved by Suga’s cabinet on Dec. 8.
Persons: Yoshihide Suga, Carl Court, , , Yasunari Ueno Organizations: Reuters, of Japan, Mizuho Securities Locations: TOKYO, Japan, Tokyo
Oil prices jump after OPEC+ inks supply compromise
  + stars: | 2020-12-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. OPEC and Russia on Thursday agreed to ease deep oil output cuts from January by 500,000 barrels per day, but failed to come to a compromise on a broader policy for the rest of next year. “OPEC+ clearing the hurdle of exiting its current cuts in a coordinated way ... reinforces our conviction in a steady and sustainable rally in oil prices through 2021,” Goldman Sachs said in a report after the decision. OPEC+ was expected to continue existing cuts until at least March, after backing down from plans to raise output by 2 million bpd. Also supporting prices, a bipartisan $908 billion coronavirus aid plan gained momentum in the U.S. Congress.
Persons: Todd Korol TOKYO, Brent, ” Goldman Sachs Organizations: Gas, REUTERS, . West Texas Intermediate, of, Petroleum, U.S . Congress Locations: Granum , Alberta, Canada, Russia, OPEC
Japanese PM Suga to hold news conference amid third coronavirus wave
  + stars: | 2020-12-04 | by ( Ju-Min Park | ) www.reuters.com sentiment -1.00   time to read: +2 min
TOKYO (Reuters) - Japan’s prime minister, Yoshihide Suga, is set to hold a news conference to provide an update on the country’s pandemic response on Friday, his first since coronavirus case numbers surged in November. FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, 2020. Carl Court/Pool via REUTERS/File PhotoSuga is expected to explain his backing of a widely criticised travel subsidy campaign meant to help revive the economy amid infection controls. “We need to support the tourism industry, which is indispensable for the local economy,” Suga told a tourism strategy meeting. His news conference will take place at 6 p.m. local time (0900 GMT), according to the Prime Minister’s Office.
Persons: Yoshihide Suga, Carl Court, Suga, Haruo Ozaki, ” Suga, Shinzo Abe, Abe Organizations: Tokyo Medical Association Locations: TOKYO, Japan, Tokyo
Japan's Suga defends boost for domestic tourism amid virus third wave
  + stars: | 2020-12-04 | by ( Kiyoshi Takenaka | Ju-Min Park | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, 2020. Opinion polls show Suga’s approval ratings have dipped, with many people unhappy with his handling of the pandemic since he became prime minister in September, after his predecessor, Shinzo Abe, stepped down due to ill health. Giving his first news conference since surge in coronavirus cases last month, Suga said the “Go To Travel” campaign to revive domestic tourism was designed to help small businesses in the hospitality sector get through tough times. “The government moved to promote the domestic travel campaign, seeing that they would not be able to continue their businesses as things were,” Suga said. Besides the travel campaign, Suga promised the size of a new stimulus package to restore the economy, maintain employment and sustain business activity would be finalised next week.
Persons: Yoshihide Suga, Carl Court, Shinzo Abe, Suga, ” Suga, people’s Organizations: Japan’s Locations: Japan, Tokyo, TOKYO
FILE PHOTO: Rolled Euro banknotes are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationThe common currency is up 1.5% for the week so far and last sat comfortably at $1.2145. The yen was steady against the dollar on Friday, sterling held near a one-year peak and other majors eased a fraction, while Asian currencies advanced. The Chinese yuan, an increasingly popular vehicle for investors to bet against the dollar, made a 29-month high of 6.5358 per dollar. “Traders need to assess their sterling exposures into the weekend,” said Chris Weston, head of research at Melbourne brokerage Pepperstone.
Persons: Dado Ruvic, , Jane Foley, , Terence Wu, Chris Weston, Michel, Barnier Organizations: SYDNEY, ., REUTERS, European Central Bank, Rabobank, Federal Reserve, Investors, OCBC Bank, South Korean, New, Traders, RIC Locations: United States, Asia, Seoul, Sydney, Singapore, New Zealand, Melbourne, Tokyo
The Appealing and Potentially Lethal Delicacy That Is Fugu
  + stars: | 2020-12-04 | by ( Ligaya Mishan | ) www.nytimes.com + 0.00   time to read: +6 min
All eating is an act of trust; when you eat fugu, it’s just that the stakes are higher. Image A chef prepares fugu in a restaurant in Osaka, Japan, in 2002. Credit... © Hiroji Kubota/Magnum PhotosTHE WESTERN UNDERSTANDING of fugu is not so much wrong as incomplete. Farmed fugu is not only safer but cheaper than wild fugu, turning what was once an aristocrat’s luxury into an attainable pleasure. Chain restaurants now abound, and diners might be invited to catch their own fugu from an aquarium in the dining room. We live at a moment when many regard binaries as a form of resistance: wild versus farmed; natural versus industrial; an individual, idiosyncratic restaurant versus a chain of infinitely replicable ones.
Persons: Naoyuki Yanagihara, fleck, It’s, ” Yanagihara, poisonings, , it’s, Bando Mitsugoro VIII, Hiroji Kubota, Tamao Noguchi, Rachel Laudan, , Susan J, Terrio Organizations: Modernism Locations: Japan, Tokyo, TTX, Osaka, British
Asia stocks set for small gains as U.S. advances fiscal stimulus
  + stars: | 2020-12-03 | by ( Jessica Dinapoli | ) www.reuters.com sentiment -0.97   time to read: +1 min
NEW YORK (Reuters) - Investors in Asia geared up for modest stock gains on Friday as U.S. legislators wrangled over a fiscal stimulus and negotiations over a Brexit trade deal continued. FILE PHOTO: A woman looks at a screen showing Nikkei index outside a brokerage in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-HoonA $908 billion U.S. coronavirus aid plan gained momentum in U.S. Congress on Thursday, buoying U.S. markets. Japan’s Nikkei 225 futures added 0.13% and Hong Kong’s Hang Seng index futures were flat. The dollar cratered on Thursday to its weakest level in more than 2-1/2 years as signs of progress toward U.S. fiscal stimulus and optimism about COVID-19 vaccines kept investors hopeful.
Persons: wrangled, Kim Kyung, , Ray Attrill, Australia’s Organizations: YORK, REUTERS, Congress, buoying, National Australia Bank, European Union, Nikkei, Nasdaq, Tesla Inc, Pfizer Inc, Dow Jones, U.S, Treasury, Brent Locations: Asia, Tokyo, Japan, buoying U.S, Sydney, Britain
Asian shares hit record high as U.S. stimulus seen within reach
  + stars: | 2020-12-03 | by ( Hideyuki Sano | ) www.reuters.com + 0.00   time to read: +4 min
TOKYO (Reuters) - Asian shares scaled a record high on Friday on the growing prospect of a large U.S. economic package, while hopes that vaccine rollouts will boost the global economy underpinned investor sentiment. REUTERS/Kim Kyung-HoonMSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%, surpassing its Nov. 25 peak, while Japan’s Nikkei dipped 0.4% on profit-taking. Progress in developing COVID-19 vaccines also led investors to bet a recovery in corporate earnings will accelerate next year, overriding any concerns about the current dire conditions of the pandemic. The MSCI’s emerging market currency index stood at 2 1/2-year high, having gained more than 10% from its March trough. Brent crude rose to as high as $49.92 per barrel, its highest price since early March and last stood at $49.59.
Persons: Kim Kyung, , Norihiro Fujito, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, , Brent Organizations: REUTERS, Nikkei, Wall Street Journal, Pfizer, U.S, Congress, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, U.S . Federal Reserve, European Central Bank, “ Stock, European Union, Britain, of, Petroleum Locations: TOKYO, U.S, Tokyo, Japan, Asia, Pacific, New York, COVID, United States, California, Russia, OPEC
TOKYO (Reuters) - Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine rollouts will boost the global economy underpinned investor sentiment. FILE PHOTO: A woman looks at a screen showing Nikkei index outside a brokerage in Tokyo, Japan October 2, 2020. Euro zone stock futures traded 0.14% lower while Britain’s FTSE futures were up 0.49%. The MSCI’s emerging market currency index stood at 2 1/2-year high, having gained more than 10% from its March trough. Brent crude rose to as high as $49.92 per barrel, its highest price since early March and last stood at $49.67, up 2%.
Persons: Kim Kyung, , , Norihiro Fujito, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, Sean Taylor, Brent Organizations: REUTERS, Nikkei, Wall Street Journal, Pfizer, U.S, Congress, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, U.S . Federal Reserve, European Central Bank, Stock, , Asia, Deutsche, European Union, Britain, of, Petroleum Locations: TOKYO, U.S, Tokyo, Japan, Asia, Pacific, New York, COVID, United States, California, Hong Kong, Russia, OPEC
The U.S. economy added the fewest workers in six months in November, with nonfarm payrolls increasing by 245,000 jobs last month after rising by 610,000 in October, the Labor Department said on Friday. Economists polled by Reuters had forecast payrolls would increase by 469,000 jobs in November. “It shows that the economy is still not on firm footing and we need stimulus. MSCI’s gauge of stocks across the globe gained 0.30% following mixed trading in Asia and modest gains in Europe. U.S. crude rose 0.5% to $45.87 per barrel and Brent was at $49.01, up 0.62% on the day.
Persons: nonfarm, , Marvin Loh, Kim Kyung, Eric Brard, Amundi, , Guy LeBas, Janney Montgomery Scott, Brent Organizations: YORK, Treasury, Labor Department, Reuters, State Street Global, U.S, Congress, Wall, Dow Jones, Nasdaq, REUTERS, U.S ., Benchmark, of, Petroleum Locations: U.S, Asia, Europe, Tokyo, Japan, Europe’s, Russia, OPEC
Japan, China, South Korea summit postponed due to COVID-19 - media
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: 1 min
TOKYO (Reuters) - A trilateral summit between Japan, China and South Korea has been postponed until next year as the countries prioritize their COVID-19 response, Japan’s Nikkei newspaper reported on Thursday. Reporting by Rocky Swift; Editing by Alex Richardson Our Standards: The Thomson Reuters Trust Principles.
Persons: Rocky Swift, Alex Richardson Organizations: Japan’s Nikkei, Thomson Locations: TOKYO, Japan, China, South Korea
How American investors are gobbling up booming bitcoin
  + stars: | 2020-12-03 | by ( Tom Wilson | Alun John | ) www.reuters.com + 0.00   time to read: +7 min
FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration taken January 27, 2020. It is North American investors who have been the bigger winners in the 165% rally this year. Weekly net inflows of bitcoin - a proxy for new buyers - to platforms serving mostly North American users have jumped over 7,000 times this year to over 216,000 bitcoin worth $3.4 billion in mid-November, data compiled for Reuters shows. Others also point out that cryptocurrency trading is highly opaque compared to traditional assets and patchily regulated, making comprehensive data on the emerging sector rare. Nonetheless, Chainalysis found North American trading volumes at major exchanges - those with the most blockchain activity - had eclipsed East Asia’s this year.
Persons: Bitcoin, Dado Ruvic Bitcoin, Satoshi Nakamoto, Chainalysis, , Ciara Sun, James Quinn, “ You’re, Curtis Ting, Christopher Matta, 3iQ, Leo Weese, OKEx, Lennix Lai, Yuzo Kano Organizations: Reuters, REUTERS, Q9, North, cryptocurrencies, , New, Blockchain Research, Hong Kong Bitcoin Association Locations: HONG KONG, North America, East Asia, East, China, Japan, South Korea, American, bitcoin, U.S, United States, Europe, Hong Kong, Seychelles, Western Europe, North America’s, New York, Canadian, Asia, Hoh, Korea, Beijing, Malta, Tokyo
TOKYO (Reuters) - Tokyo prosecutors have asked former Japanese Prime Minister Shinzo Abe to appear for voluntary questioning about the dinner parties his political group held for supporters, Kyodo News and other local media reported on Thursday. Prosecutors have decided to build a case against Abe’s secretary for allegedly not reporting part of the costs of the parties, Kyodo said, citing unidentified sources close to the matter.
Persons: Shinzo Abe, Kyodo Organizations: Kyodo, Prosecutors Locations: TOKYO, Tokyo
FILE PHOTO: Australian Prime Minister Scott Morrison arrives at Haneda airport in Tokyo, Japan, November 17, 2020. Morrison has stressed the law is not aimed at any country but it is widely seen by analysts as directed at China. Under the terms of the new law, the foreign minister can veto any agreements with foreign governments if they “adversely affect Australia’s foreign relations” or are “inconsistent with Australian foreign policy”. Last year Australia’s New South Wales state scrapped a Chinese-funded language programme in schools amid fears over foreign influence. ($1 = 1.3492 Australian dollars)
Persons: Scott Morrison, Issei Kato, Morrison, , Melissa Conley Tyler Organizations: SYDNEY, Australian, REUTERS, Commonwealth, , Asia Institute of, University of Melbourne, Initiative, Relations, Huawei Locations: China, Tokyo, Japan, Victoria, Australia, Canberra, Beijing, South Wales
Japan considering support for shift to electric vehicles: Kato
  + stars: | 2020-12-03 | by ( Reuters Staff | ) www.reuters.com sentiment -0.89   time to read: 1 min
TOKYO (Reuters) - Japan’s trade ministry is considering support for a shift to electric-powered vehicles and will map out a plan by the year-end, chief government spokesman Katsunobu Kato told a news conference on Thursday. The government is considering abolishing sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles in line with a global shift from traditionally powered cars, public broadcaster NHK reported.
Persons: Katsunobu Kato Organizations: NHK Locations: TOKYO
FILE PHOTO: Japan's new Chief of Cabinet Secretary Katsunobu Kato announces new cabinet members at a news conference in Tokyo, Japan, September 16, 2020. REUTERS/Kim Kyung-HoonTOKYO (Reuters) - Japan has “grave concerns” about the jailing of three Hong Kong activists and has conveyed its worries to China over the situation, chief government spokesman Katsunobu Kato said on Thursday. Hong Kong authorities on Wednesday sentenced prominent democracy activists Joshua Wong to more than 13 months in prison over an unlawful anti-government rally in 2019, the toughest sentence for an opposition figure this year. “Japan increasingly has grave concerns about the recent Hong Kong situation such as sentences against three including Agnes Chow,” Kato told a regular news conference. “We have conveyed our concerns to China about Hong Kong at various opportunities,” he said.
Persons: Katsunobu Kato, Kim Kyung, TOKYO, Joshua Wong, Agnes Chow, Ivan Lam, Chow, ” Kato, Organizations: REUTERS, Hong, Locations: Tokyo, Japan, Hong Kong, China, “ Japan
FILE PHOTO: Japanese Prime Minister Shinzo Abe speaks at a news conference at the prime minister's official residence in Tokyo, Japan June 18, 2020. Abe himself has been asked by Tokyo prosecutors to appear for voluntary questioning about the issue, media reported later on Thursday. The newspaper did not identify how the remaining 18 million yen was spent. Abe said last week he was aware of the accusations and promised his office would “fully cooperate” with prosecutors. “If Abe’s secretary is arrested and Abe is questioned, it will damage the overall image of the LDP,” he said.
Persons: Shinzo Abe, Rodrigo Reyes Marin, Abe, Yoshihide Suga, , , Suga Organizations: Prosecutors, REUTERS Ex, Yomiuri Shimbun, Tokyo, Public Prosecutors Office, Yomiuri, Liberal Democratic Party, LDP Locations: TOKYO, Tokyo, Japan
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