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Tokyo — The unprecedented outage that scrapped trading on the Tokyo Stock Exchange (TSE) for the entire day on Thursday is the last thing local authorities need at a time when Japan is seeking to re-invent the capital as a global financial hub.

As China clamps down further on Hong Kong, some in Japan have seen the opportunity to realise a long-held vision of making the Japanese capital more attractive to international financial firms and lure highly paid professionals...

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