Tokyo

Newsday's coverage

• Tokyo governor apologizes for remarks on Istanbul

  -- Tokyo's governor has apologized for making critical comments about rival candidate Istanbul in the bidding for 2020 Olympics.Naoki Inose, who is also chairman of the bid committee, was quoted in The New York Times last weekend suggesting that Istanbul is   Read more »

• As US talks up diplomacy, NKorea takes hard line

  even as it rejected South Korea's latest offer of dialogue as a "crafty trick."U.S. Secretary of State John Kerry told reporters in Tokyo that North Korea would find "ready partners" in the United States if it began abandoning its nuclear program.Japan's foreign   Read more »

• Radioactive water leak feared at Japan nuke plant

  a temporary storage tank to another after detecting signs of leakage, in a blow to the plant's struggles with tight storage space. Tokyo Electric power Co. said about 120 tons of the water are believed to have breached the tank's inner linings, some of it   Read more »

• United delays Denver-Toyko service as 787s sit

  in which it would demonstrate the battery system's performance for Federal Aviation Administration experts.Officials in Denver say they're confident that the flights to and from Tokyo will benefit their city, the metro area and the Rocky Mountain region.   Read more »

• Istanbul hopes to impress IOC panel with 2020 bid

  infrastructure budget for the Olympics is $19.2 billion -- 10 times that of Madrid ($1.9 billion) and much higher than that of Tokyo ($4.9 billion).Madrid, which is mired in recession , contends its spendthrift approach is better suited for the games, but   Read more »

Around the web

• Fridgin’ Out: Furochan Eats (Tokyo)

  Mart. Welcome to my larder! For the last eight months or so, my home has been a dormitory located in an improbably posh part of Tokyo. Rent is surprisingly cheap for this city (part of being a university student) and not only do I have a room to myself (flatmates, 9:50 AM from Umamimart Read more »

• Sony board examines plan

  - Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core business. Hirai told a press conference board members have started discussing the idea 9:45 AM from Independent Online (South Africa) Read more »

• Yen eases after Japan’s trade deficit

  - The yen edged down against the dollar and euro in Asia on Wednesday after Japan posted its worst ever April trade deficit, fuelling yen-negative sentiment. News that the Bank of Japan announced no fresh policy measures after a two-day policy meeting triggered 9:11 AM from Independent Online (South Africa) Read more »

• Tokyo stocks close up

  man looks at his watch as he passes an electronic board displaying a graph of currency rates outside a brokerage in Tokyo. Tokyo - Tokyo stocks climbed 1.60 percent to close at their highest level in more than five years with investor appetite unabated on 5/21/13 from Independent Online (South Africa) Read more »

• ITC F.I. Recap: Ok Bund auction. Mkts waiting for BB and FOMC Mins.

  Fixed Income Morning Recap: - USTs in Tokyo/London: There was some expectation the BoJ would address the recent volatility in the JGB market, but this wasn't covered in its announcement and it was felt Kuroda didn't do enough to address it in his press conference 7:34 AM from CME Group Read more »