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The Japanese government is considering tightening regulation on foreign funds that hold stakes in domestic firms with important technology in areas such as the nuclear industry and defence, the Yomiuri newspaper reported on Wednesday. The new regulation will aim to prevent overseas funds and companies from slapping demands on Japanese companies that may weaken their competitive edge or leak technological expertise, the paper said, without citing sources. A trade ministry official denied the report, saying they were not considering tightening regulations.
As Sha'Carri Richardson dashes across America's tracks, her long hair flowing, her social media numbers have soared. Yet the 21-year-old Texan, who ran the sixth-fastest women's time ever in April, clocking 10.72 seconds, has called on her fans to slow down a bit when talk turns to breaking Florence Griffith-Joyner's 1988 world record of 10.49. "I'm not looking to rush my journey," Richardson told a virtual media conference on Tuesday, days after winning her speciality at the U.S. Olympic trials in 10.86.
Vanessa Bryant has settled her lawsuit against Island Express Helicopters and the estate of pilot Ara Zobayan, over the wrongful death of husband Kobe Bryant, daughter Gianna and seven others in a helicopter crash last January. Bryant reached a settlement, in concert with the three families, whose loved ones were also killed in the accident. […]
Zack Greinke took a four-hitter into the eighth inning, Myles Straw homered and drove in two runs, and the Houston Astros beat the Baltimore Orioles 3-1 Tuesday night for their ninth straight victory. Greinke (8-2) allowed one run and five hits with four strikeouts and a walk over 7 1/3 innings. Facing the Orioles for the first time since 2010, the 37-year-old righty permitted only one runner past second base in lowering his ERA to 3.56.
The U.S. dollar remained on the back foot against major peers on Wednesday after a two-day drop as U.S. Federal Reserve officials including Chair Jerome Powell reaffirmed that tighter monetary policy was still some way off. It has now given up about a third of its sharp gains posted since last Wednesday, when the Fed surprised markets by signalling much earlier rate hikes than investors previously expected. Overnight, both Powell and New York Fed President John Williams warned that the economic recovery requires more time before a tapering of stimulus and higher borrowing costs are appropriate.
The trial of the first person charged under the national security law in Hong Kong begins on Wednesday, almost a year after he was charged with driving his motorbike into officers during a rally while carrying a flag with a protest slogan. Tong, 24, was arrested on July 1, 2020, hours after the enactment of the national security law, which punishes what China deems as subversion, secessionism, terrorism and collusion with foreign forces with up to life in prison. Tong faces charges of terrorism and inciting secession, as well as an alternative charge of dangerous driving causing grievous bodily harm, which can lead to up to seven years in prison.
(Bloomberg) -- New Zealand moved to contain a possible Covid-19 outbreak in capital city Wellington, limiting the size of gatherings and imposing social distancing after an Australian tourist tested positive for the virus.The Wellington region will move to alert level 2 at 6 p.m. local time Wednesday, one step below a lockdown, Covid Response Minister Chris Hipkins announced at a press conference. Businesses and schools can remain open but gatherings are limited to 100 and physical distancing mu
"I got chills all over my body," Sofia Vergara tells PEOPLE about the singer she gave the Golden Buzzer to
“This dress could not be more perfect!”
Americans rounded out the top five with Thomas, Collin Morikawa, Xander Schauffele and Bryson DeChambeau expected to represent Team USA this summer in Tokyo. World number two Dustin Johnson had previously said he would not compete in the men's tournament, which will be held from July 29 to Aug. 1 at the Kasumigaseki Country Club, clearing the way for DeChambeau to take the fourth U.S. spot.
(Bloomberg) -- Asian stocks were steady Wednesday after reassuring comments on inflation and monetary policy from Federal Reserve officials bolstered investor sentiment. Treasury yields held declines.Stocks fluctuated in narrow ranges, dipping in Japan, China and Australia but inching higher in Hong Kong. U.S. equity contracts made modest gains after the S&P 500 climbed a second day.Overnight, Fed Chair Jerome Powell reiterated his view that inflation pressures will be transitory even after a no
Croatia 3-1 Scotland: Luka Modric’s fine goal and performance were vital in seeing his side into the last 16, as Scotland crashed out in Group D’s bottom place
(Bloomberg) -- Genting Group opens its newest resort on Thursday, a $4.3 billion extravaganza in Las Vegas and the biggest new property on the city’s famous Strip in over a decade.Resorts World Las Vegas features 3,500 hotel rooms, a 5,000-seat theater with Celine Dion in residency and a 100,000-square-foot LED screen on the side of one tower. There’s a pop-up store selling clothing from the Kardashian family’s closets and a speak-easy called the Here Kitty Kitty Vice Den.“There’s something here
Employees at the Atlanta store said the menu was racially insensitive and that none of the people who created it were Black.
(Bloomberg) -- New Zealand health officials are scrambling to trace the contacts of an Australian traveler from Sydney who visited Wellington over the weekend while infectious with Covid-19. Restrictions have been imposed in the capital and surrounding region.The Tokyo Olympic organizers have dropped plans to sell alcohol at venues given the move could fuel the spread of the virus, Kyodo reported, without attribution. Thailand reported a record daily virus death count and China plans to keep tra
The winner of Tuesday's Democratic primary election for Manhattan district attorney will almost certainly inherit a high-profile and politically sensitive probe into the Trump Organization -- a likelihood that raises the stakes in an already heated race for one of the nation's most coveted prosecutorial offices. Launched in 2018, the burgeoning investigation into former president Donald Trump's namesake firm has spilled into public view in recent weeks as outgoing district attorney Cyrus Vance Jr. weighs the decision about whether or not to bring charges.
Terms of the settlement stemming from the helicopter crash that killed Kobe Bryant, Gianna and seven others last year are confidential.
The threat of a future trade war with the bloc as the UK looms over the five year anniversary of the Brexit vote.
The pop superstar is set to address a court in Los Angeles on Wednesday.
Leading Korean film sales company Finecut has added mystery-horror movie “Guimoon” to its pre-Cannes and Cannes Market slates. The film was specially shot in order to be released in ScreenX and 4DX special versions, as well as conventional 2D presentations. Now in post-production, after lensing in 8K, the film is set to be delivered by […]