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COVID-19: Japanese investors talk up benefits of halting Olympics Reuters, TOKYO For any country, hosting the Olympics is a major deal politically and economically. Yet, in a world ravaged by the COVID-19 pandemic, going ahead with the Tokyo Games is starting to look like a dangerous gamble on both counts. Ominously, a growing number of investors in Japanese stocks now believe that canceling the Games is better for the market, intensifying pressure on Japanese Prime Minister Yoshihide Suga, who is already facing stiff public opposition to the global showcase event. The potential political damage to Suga and resulting uncertainty from staging the Games ahead of an election that must be held by October is making investors nervous, several fund managers and traders said.

Rio de janeiroEstado do rioUnited kingdomCity ofArihiro nagataTakayuki miyajimaHiromichi shirakawaYoshihide sugaSoichiro monjiCredit suisse groupSony financial holdings incInternational olympic committeeJapanese olympic committeeNishimura securities co ltdSumitomo mitsui bankTokyo games