Japan to nominate Asakawa for ADB chief
NHK -- Sep 18
Japan's government is expected to nominate former vice finance minister Masatsugu Asakawa to head the Asian Development Bank.

The ADB announced on Tuesday that President Takehiko Nakao, who has held the post since April 2013, intends to step down on January 16 next year.

Japanese Finance Minister Taro Aso issued a statement on Tuesday stressing that Japan has made huge contributions to the bank in terms of money and personnel since its founding.

Aso said the country will quickly recommend a high-caliber candidate to succeed Nakao.

Asakawa is 61 years old. He joined Japan's Finance Ministry in 1981 and served as the top currency diplomat from July 2015 to July this year.

All nine ADB presidents have been Japanese.

A candidate must win votes from more than half of the 68 member governments to become president.

News source: NHK
May 26
The Japanese government has lifted the state of emergency in the last five of the country's 47 prefectures. (NHK)
May 26
The government will carry out support measures to shore up demand in the travel and restaurant industries hit hard by the coronavirus pandemic, starting late July, sources said Monday. (Japan Times)
May 26
One of Japan’s major airlines plans to make the wearing of face masks compulsory as the industry shifts toward operating in a new coronavirus pandemic normal. (Japan Times)
May 26
Japanese consumers are spending more on masks, cleaning products and personal sanitizers while sales of makeup and motion sickness medicine take a major hit. (Nikkei)
May 26
A pair of melons grown in the Hokkaido city of Yubari sold for ¥120,000 ($1,100) in the season's first auction on Monday, 2.4 percent of the price at last year's auction. (Japan Times)
May 25
Japanese medical institutions are seeing a lightening in their coronavirus caseload, health minister Katsunobu Kato said Sunday, in yet another indication the government is set to imminently lift a state of emergency over the Tokyo metro area and Hokkaido. (Japan Today)
May 25
The Japanese capital suffered more than 200 excess fatalities from pneumonia and other coronavirus symptoms early in the outbreak, dwarfing the period's officially recorded 16 from the new disease. (Nikkei)
May 25
The local government in the city of Toyohashi, Aichi Prefecture, has announced that a person who traveled from the Philippines had developed rabies — the first case in Japan in 14 years. (Japan Times)
May 25
Over 40 percent of the coronavirus-linked deaths in Osaka involve hospital infections, sources in the prefectural government told Jiji Press on Saturday. (Japan Times)
May 24
The sumo world is grappling with its latest crisis as a result of the coronavirus outbreak, which has claimed the life of a 28-year-old wrestler and forced the cancellation of the sport's showpiece May tournament. (Japan Today)