With just two weeks to go for the Tokyo Olympic Games to kick off, the Japanese Government has declared a State of emergency in Tokyo amid a surge in Covid cases in the capital.
The Tokyo Olympic Games are set to open on July 23 despite local opposition.
The government decided to put Tokyo under another state of emergency until August 22, amid rising concern the games could trigger a further surge in infections.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.