Asian stocks rose Tuesday, spurred by a surge on Wall Street, after early results for an experimental vaccine sparked speculation economies could snap back quickly. Oil extended gains and Treasury ... ( read original story ...)
Japan’s Abe ‘looks like a lame duck’ as his government comes under fire for its coronavirus response
Nikkei/TV Tokyo poll said they do not have a favorable view of the Japanese government's handling of the coronavirus outbreak. ( read original story ...)
Federal investigators probe large fire at cannabis products warehouse
Federal authorities have joined an arson investigation into Saturday night’s explosion at a downtown Los Angeles cannabis products warehouse that ignited a large fire, injuring 11 firefighters. An ... ( read original story ...)
Vietnam set to thrive on China’s misery again as US, Japan goad companies to relocate manufacturing bases
Vietnam’s property market is likely to get another shot in the arm as the coronavirus pandemic forces global companies to cut or reduce their supply-chain risks in China. ( read original story ...)
Asian Shares Firm on Hopes of Global Recovery; Japanese Economy Contracted
Asian traders saw this as a good sign for the global economy because it indicates demand may be picking up. Late Sunday (local time), Federal Reserve Chairman Jerome Powell took a cautious line in an ... ( read original story ...)
Japan Government to Delay Budget Request Deadline to End-Sept: Finance Minister
Japanese Finance Minister Taro Aso said on Tuesday that his ministry would postpone the deadline for budget requests to Sept. 30 as the government focuses on responses to the coronavirus. ( read original story ...)
Japan’s J-League is ‘the best league in Asia’ – Ange Postecoglou
League "the best league in Asia" as Japan's top flight awaits the green light to resume after the coronavirus pandemic. While South Korea's K-League and Germany's Bundesliga have already swung back ... ( read original story ...)
Starbucks says reopening many stores in Japan
Starbucks Coffee Japan said it was reopening many of its stores in Japan, including Tokyo, starting on Tuesday, although many of them will be limited to take-out and drive-through services. ( read original story ...)
Japan business chief warns of radical shake-up in labour market
The world’s post-coronavirus economic future could depend on mass career migration away from sectors such as retail, entertainment and travel, Japan’s most powerful business leader has warned. ( read original story ...)
Japan’s Nomura to bolster private investment business, CEO says
Nomura Holdings Inc will beef up its private investment business including advising start-ups, its chief executive said on Tuesday, after the firm surprised with its first loss in five ... ( read original story ...)
Japan Puts off Bid to Raise Prosecutors’ Retirement Age After Backlash: Media
Japan will postpone a bid to raise the retirement age of public prosecutors, media said on Monday, given an intense public backlash fuelled by fears for judicial independence. Opposition to a bill ... ( read original story ...)
Diamond Princess cruise ship leaves Japan months after coronavirus outbreak to get last of crew home
The Diamond Princess — the cruise ship that was part of an early coronavirus outbreak — is on the move from Japan to Malaysia, Princess Cruises said. ( read original story ...)
iPhone crypto hid al-Qaida link to naval base shooting, AG fumes
Included in the unearthed data were conversations with a known operative of AQAP, or al-Qaida in the Arabian Peninsula, and a will that explained his motivations for the killings. The AQAP later ... ( read original story ...)
Hedge Fund That Timed Big Short and Crypto Rally Eyes Venezuela
Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in crude oil prices. Yet the disastrous cocktail is attracting hedge funds including London’s ... ( read original story ...)
SoftBank Group reports record losses amid COVID-19 crisis
The losses were announced shortly after the firm said Chinese tycoon and Alibaba co-founder Jack Ma would resign as a director of the board ... ( read original story ...)
Europe’s supercomputers hijacked by attackers for crypto mining
"The NCSC works with the academic sector to help it improve its security practices and protect its institutions from threats." Also on 11 May, another attack shut down five supercomputers in Germany. ( read original story ...)