Events
Name | organizer | Where |
---|---|---|
”ТОКИОГИЙН ЗАГВАРЫН ЕРТӨНЦ” ҮЗЭСГЭЛЭН ЯАРМАГ | RX Japan | Tokyo |
NEWS
Facebook's solar-powered internet plane takes flight www.theguardian.com
New Gorilla Glass helps prevent phone smashes www.bbc.com
Softbank, Honda to jointly research on AI for cars www3.nhk.or.jp
IMF: G20 should prepare for 'Brexit' impact www3.nhk.or.jp
Japan’s Komatsu is buying Joy Global for $3.7 billion www.mining.com
German firms want an over €2bn stake in Russian high-speed railway www.rt.com
French winery wants to invest in Crimea www.rt.com
PayPal seeks to extend reach with Visa tie-up www.reuters.com
Rio Olympics 2016: Russia fails to overturn athlete ban for next month's Games www.bbc.com
Russian track and field athletes will remain banned from the Olympics following claims the country ran a state-sponsored doping programme.
The Russian Olympic Committee (ROC) and 68 Russian athletes attempted to overturn the suspension, implemented by the body that governs world athletics.
But the Court of Arbitration for Sport (Cas) has ruled it can stand.
A handful of Russian athletes could still compete as neutrals at the Rio Games, which start on 5 August.
"It's sad but rules are rules," said Olympic 100m and 200m champion Usain Bolt, who is targeting more gold medals in Rio.
He said it was important to send a strong message to the dopers.
"Doping violations in track and field is getting really bad," said the Jamaican, 29. "If you cheat or go or against the rules, this will scare a lot of people."
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Russia ban sends strong message - Usain Bolt
However, Russian pole vaulter Yelena Isinbayeva - one of the 68 to appeal to Cas - said the ruling was "a blatant political order", while the Russian Foreign Ministry called it a a "crime against sport".
Isinbayeva, the 2012 gold medallist, 34, told the Tass news agency: "Thank you all for this funeral for athletics."
The International Association of Athletics Federations (IAAF) said it was "pleased Cas has supported its position", adding that the judgement had "created a level playing field for athletes".
IAAF president Lord Coe added: "This is not a day for triumphant statements. I didn't come into this sport to stop athletes from competing.
"Beyond Rio, the IAAF taskforce will continue to work with Russia to establish a clean safe environment for its athletes so that its federation and team can return to international recognition and competition."
Separately, the International Olympic Committee (IOC) is considering calls to ban all Russian competitors from the Rio Games following a second report into state-sponsored doping.
What now for Russia's athletes?
Some Russian athletes could compete in Rio as neutrals if they meet a number of criteria, including being repeatedly tested outside their homeland.
At least two - 800m runner and doping whistleblower Yuliya Stepanova and US-based long jumper Darya Klishina - have gone down that path.
Now the ruling by a three-person Cas panel has cleared the way for others.
Cas said the ROC could still nominate athletes to compete as neutrals. However, a Cas spokesman said the panel had expressed concerns that this left "no possibility" for athletes to comply with the criteria.
Who was on the Cas panel?
Three lawyers from Italy, Britain and the United States, widely regarded as amongst the most experienced judges on the court's list of around 400 approved arbitrators.
The chairman was Milan-based Luigi Fumagalli, who also sat on the panel which upheld Fifa's four-month ban on Uruguay's Luis Suarez for biting Italian defender Georgio Chiellini opponent at the 2014 World Cup.
Retired judge Robert Reid, from England, has chaired disciplinary committees for the Premier League and sat in judgment of Pakistan cricketer Salman Butt's failed appeal to Cas against a ban for fixing.
Finally, Jeffrey Benz from Los Angeles is a former legal adviser to the United States Olympic Committee.
Why were Russian athletes banned?
Russia was suspended from track and field events by the IAAF in November 2015 following the publication of an independent World Anti-Doping Agency (Wada) report that showed a culture of widespread, state-sponsored doping.
Sports minister Vitaly Mutko apologised for Russia's failure to catch the cheats but stopped short of admitting the scandal had been state-sponsored.
However, another Wada-commissioned report delivered earlier this week - the McLaren report - contained more damaging allegations and suggested senior figures in Russia's sports ministry were complicit in an organised cover-up.
The report implicated the majority of Olympic sports in the cover-up and claimed that Russian secret service agents were involved in swapping positive urine samples for clean ones.
Following Monday's publication of the McLaren report, the IOC faced calls to ban all Russian competitors from the 2016 Olympics and will hold an second emergency meeting on Sunday to decide its course of action.
...McDonald's Japan's market cap hits 14-year high on Pokemon Go deal www.asia.nikkei.com
TOKYO -- Shares of the Japanese unit of McDonald's rose on the Jasdaq market in Tokyo on Thursday morning, pushing up the company's market capitalization to the highest level in about 14 years and 8 months.
Investors piled into the stock following Wednesday's announcement the Japanese unit of the hamburger chain will soon unveil a marketing plan in collaboration with the hit mobile game Pokemon Go, jointly developed by Nintendo, Pokemon Co. and Niantic.
At one point, McDonald's Holdings (Japan)'s estimated market value based on the number of outstanding shares topped 500 billion yen ($4.66 billion), the highest level since November 2001, far exceeding rival restaurant operators such as Skylark and Zensho Holdings, valued at 270 billion yen and 240 billion yen, respectively, at the end of morning trade.
McDonald's dominated trading during the morning, with its trading value exploding to 25.5 billion yen, or about 21 times bigger than Avix, the second most actively traded share on the Jasdaq market.
Trading has increasingly been active in Nintendo shares on the back of the 'Pokemonomics' boom. Traders say Nintendo shares are active likely due to high-frequency trading by hedge funds. But, according to kabu.comSecurities strategist Tatsunori Kawai, "McDonald's shares are less likely to be the target of HFT because individual investors tend to hold on to their stocks for the right to special investor benefits, limiting liquidity, which is key to HFT."
Some domestic individual investors are said to be trading McDonald's shares using their original, simple trading programs that place buy and sell orders automatically in response to price movements. Still, Kawai pointed out, "If trading value continues to grow, it may prompt HFT to step in."
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