Japan

TOKYO (AP) — Shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trump’s health after he tested positive for the coronavirus.

Trump briefly ventured out in a motorcade on Sunday to salute cheering supporters. Trump’s medical team reported that his blood oxygen level had dropped twice in recent days, and that they gave him a steroid typically only recommended for the very sick. They also said his health is improving and that he could be discharged as soon as Monday.

TOKYO/LONDON (Reuters) - Oil prices were down 4% on Friday after U.S. President Donald Trump tested positive for COVID-19 and negotiators failed to agree a U.S. stimulus package just as rising global oil output threatens to overwhelm a weak price recovery.

Brent crude slipped on the Trump news and was down $1.67, or 4.1%, at $39.26 a barrel by 1038 GMT. U.S. oil was down $1.62, or 4.2%, at $37.10.

U.S. and Brent crude are heading for drops of around 8% and 6% respectively this week for a second consecutive week of declines.

TOKYO (AP) — News of the infection of the most powerful man in the world with the most notorious disease in the world drew instant reactions of shock, sympathy, undisguised glee and, of course, the ever-present outrage and curiosity that follow much of what Donald Trump does, even from 10,000 miles away.

TOKYO (AP) — Tokyo Stock Exchange resumed normal operations Friday after repairs of malfunctions in its computer systems that halted trading for an entire day in the worst such outage ever.

The Nikkei 225 index jumped 0.7% to 23,354.51 shortly after opening following reports Japan is considering fresh stimulus for the economy.

There was no indication that the outage at the world’s third-largest exchange resulted from hacking or other cybersecurity breaches.

TOKYO, Oct 1 (NNN-NHK) – Japan eased entry restrictions into the country from today, for foreigners around the world, put in place to combat the spread of COVID-19, although entry is still being refused for tourists.

These include foreign medical professionals, teachers and others, who are qualified for medium- or long-term stays for three months or longer, the government said, with those travelling for business purposes for less than three months also being eligible.

TOKYO (Reuters) - A hardware failure shut down trading on the Tokyo Stock Exchange on Thursday in the worst outage ever suffered by the world’s third-largest stock market, which said it aimed to reopen on Friday.

The TSE’s first full-day suspension since it began all-electronic trading in 1999 left investors searching in vain to buy back shares after the first U.S. presidential debate.

“I feel painfully responsible for all the confusion this incident has caused for investors and market participants,” TSE Chief Executive Officer Koichiro Miyahara told a news briefing.

TOKYO/LONDON (Reuters) - Oil prices fell for a second day on Wednesday as rising coronavirus cases prompted concerns about further restrictions on global economic activity that could curb fuel demand.

Brent crude LCOc1 for November delivery dropped 57 cents, or 1.4%, to $40.46 per barrel by 1005 GMT. West Texas Intermediate CLc1 fell 14 cents, or 0.4%, to $39.15.

The November Brent contract expires today, to be replaced by the December contract, which was down around 0.5% at $41.36.

TOKYO (AP) — A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker’s former chairman, Carlos Ghosn without fully disclosing his compensation.

Toshiaki Ohnuma, a star witnesses for the prosecution, described to the Tokyo District Court his job in human resources at Nissan Motor Co., where he said he handled executive compensation matters, including working with Kelly on finding ways to pay Ghosn without disclosing it.

TOKYO, Sept 27 (NNN-NHK) – An earthquake, with a magnitude of 5.3, struck Japan’s Shizuoka Prefecture, today, according to the Japan Meteorological Agency (JMA).

The temblor occurred at around 1:13 p.m. local time, with its epicentre at a latitude of 35.1 degrees north, and a longitude of 137.8 degrees east, and at a depth of 50 km.

The quake logged 4 in some parts of Shizuoka Prefecture, on the Japanese seismic intensity scale which peaks at 7.

So far no tsunami warning has been issued.

TOKYO (Reuters) - Chinese Foreign Minister Wang Yi may visit Japan as early as October, a government source said on Sunday, after the leaders of the two countries agreed to pursue high-level contacts to promote regional and international stability.

Wang would hold talks with his Japanese counterpart Toshimitsu Motegi and Prime Minister Yoshihide Suga during the trip, the source said.

The visit would come after Suga and Chinese President Xi Jinping agreed during a phone conversation on Friday to have more high-level contacts.