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Olympics: IOC, Tokyo attempt to cut down on soaring 2020 Games costs

Olympics: IOC, Tokyo attempt to cut down on soaring 2020 Games costs

Tokyo`s preparations for the 2020 Games have been plagued by controversy since beating Madrid and Istanbul in the bidding race three years ago.

Nikkei hits 5-week high on Olympics euphoria; strong GDP supports

The Nikkei was up 2.7 percent at 14,238.42 in mid-morning trade after earlier rising to 14,251.46, its highest since August 6.