Tokyo’s bars and restaurants stay open despite coronavirus curbs

TOKYO — The Tokyo Metropolitan Government plans to keep restaurants and pubs open with limited hours during Japan’s monthlong state of emergency, in an about-face prompted by pressure from the central government. 

Tokyo Gov. Yurko Koike plans to announce the details Friday, hoping for swift business closures. 

Prime Minister Shinzo Abe announced on Tuesday a state of emergency in Tokyo and six prefectures hit by a surge in coronavirus infections. But the capital and the central government have long engaged in a tug of war between curbing infections and limiting the economic impact. 

Koike met with Yasutoshi Nishimura, the minister

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Bowing to pressure, Tokyo governor to keep restaurants open

TOKYO — The Tokyo Metropolitan Government plans to keep restaurants and pubs open with limited hours during Japan’s monthlong state of emergency, in an about-face prompted by pressure from the central government. 

Tokyo Gov. Yurko Koike plans to announce the details Friday, hoping for swift business closures. 

Prime Minister Shinzo Abe announced on Tuesday a state of emergency in Tokyo and six prefectures hit by a surge in coronavirus infections. But the capital and the central government have long engaged in a tug of war between curbing infections and limiting the economic impact. 

Koike met with Yasutoshi Nishimura, the minister

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Coronavirus latest: Taiwan denies ‘racial slurs’ against WHO chief

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 1,439,516, according to the World Health Organization.

The worldwide death toll has hit 85,711.

To see how the disease has spread, click this interactive virus tracker:

Here are the latest developments (Tokyo time):

Friday, April 10

5:00 a.m. U.S. stocks advance again, with the Dow Jones Industrial Average rising around 1.2% and the S&P 500 gaining about 1.4%.

4:03 a.m. Baseball — arguably the most popular local professional sport in Taiwan, Japan and South

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Japan’s stay-at-home food stocks lose immunity to downturn

TOKYO — Makers of instant food were the go-to stocks in the Japanese market recently, poised to benefit from the social distancing trend, but now the shares are undergoing a correction.

Nissin Foods Holdings, which makes instant noodles, fell 3% during Thursday’s trading in Tokyo. Frozen food maker Nichirei and Toyo Suisan Kaisha — the company behind Maruchan ramen — each dipped 4%

Food stocks are usually considered defensive and recession proof, even in normal times. Reports of customers making bulk purchases of food items put the companies in the limelight.

Components in the Topix food subindex surged by 22%

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