Tokyo Stock Exchange outage dents Japan’s goal of becoming a global financial hub
The unprecedented outage scrapped trading for an entire day, making it unlikely to win points among foreign executives
01 October 2020 - 14:05
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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