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Monday May 20th 2013

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Jamie Dimon under pressure ahead of investor vote

FILE - In this Wednesday, June 13, 2012, file photo, JPMorgan Chase CEO Jamie Dimon, head of the largest bank in the United States, testifies before the Senate Banking Committee on Capitol Hill in Washington. Dimon, chairman and CEO of the biggest U.S. bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. (AP Photo/J. Scott Applewhite, File)Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.

Posted on 20 May 2013 | 3:44 am

At least one dead after Tornadoes rip through Plains, Midwest

A tornado touches down southwest of Wichita, Kan. near the town of Viola on Sunday, May 19, 2013. The tornado was part of a line of storms that past through the central plains on Sunday. (AP Photo/The Wichita Eagle, Travis Heying)A twister half a mile wide struck near Oklahoma City on Sunday, part of a massive storm front that hammered the central U.S.

Posted on 20 May 2013 | 3:33 am

‘Star Trek’ does $70.6M but falls short of studio hopes

This undated publicity film image released by Paramount Pictures shows, Zachary Quinto, left, as Spock and Chris Pine as Kirk in a scene in the movie, "Star Trek Into Darkness," from Paramount Pictures and Skydance Productions. Since premiering Wednesday, May 15, 2013 in huge-screen IMAX theaters and expanding Thursday to general cinemas, "Into Darkness" has pulled in $84.1 million, well below distributor Paramount's initial forecast of $100 million. (AP Photo/Paramount Pictures, Zade Rosenthal)LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.

Posted on 20 May 2013 | 3:04 am

Cop who shot N.Y. student faced harrowing choice

In this photo copied from the 2010 Sleepy Hollow High School yearbook, high school student Andrea Rubello is shown. Police said Rubello, a junior at Hofstra University in Hempstead, N.Y., was shot and killed Friday, May 17, 2013, during a break-in near the college campus. (AP Photo/Sleepy Hollow High School)The police officer who accidentally killed a Long Island college student along with an armed intruder faced perhaps the most harrowing decision in law enforcement: choosing the split-second moment when the risk is so high that you must pull the trigger.

Posted on 20 May 2013 | 12:43 am

Charlotte remembers 1963 desegregation ‘eat-in’

In this May 16, 2013, photo, Abdulah Salim, Jr. hold the photograph of his father Dr. Reginald A. Hawkins who was a prominent Charlotte civil rights leader, in Silver Spring, Md. In the spring of 1963, a Hawkins led 65 people on a four-mile march from an African American college to the center of Charlotte’s downtown. ( AP Photo/Jose Luis Magana)CHARLOTTE, N.C. (AP) — In the spring of 1963, a prominent civil rights leader led dozens of protesters on a four-mile march from a predominantly African-American college campus to the center of Charlotte's downtown.

Posted on 19 May 2013 | 11:36 pm

Commuters warned of traffic mess for up to 1 week

A derailed Metro-North rail car is hoisted back on to the tracks in Bridgeport. Conn. on Sunday, May 19, 2013. Crews will spend days rebuilding 2,000 feet of track, overhead wires and signals following the collision between two trains Friday evening that injured 72 people, Metro-North President Howard Permut said Sunday. (AP Photo/The Connecticut Post,Brian A. Pounds ) MANDATORY CREDITTraffic in southwest Connecticut could be a mess for as much as a week until service is restored to the commuter rail line affected by a derailment that injured scores of passengers, Gov. Dannel P. Malloy warned Sunday.

Posted on 19 May 2013 | 11:16 pm

Official: Va. driver likely had medical condition

Emergency personnel respond to one of the people hit by a car, at right, during the beginning of the Hikers Parade at the Trail Days festival in Damascus, Va., Saturday, May 18, 2013. Witnesses said the car drove into a crowd at the parade and hurt several people, but the nature of their injuries wasn't immediately known. (AP Photo/Bristol Herald Courier, Earl Neikirk)DAMASCUS, Va. (AP) — Authorities believe the driver who plowed into dozens of hikers marching in a Virginia mountain town parade suffered from a medical condition and did not cause the crash intentionally, an emergency official said Sunday.

Posted on 19 May 2013 | 11:06 pm

AP CEO calls records seizure unconstitutional

In this Sunday, May 19, 2013, photo provided by CBS News, Gary Pruitt, the President and CEO of the Associated Press, discusses the leak investigation that led to his reporters' phone records being subpoenaed by the Justice Department on CBS's "Face the Nation" in Washington. Pruitt says DoJ's seizure of AP journalists' phone records was "unconstitutional", and that the secret subpoena of reporters' phone records has made sources less willing to talk to AP journalists. (AP Photo/CBS, Chris Usher)The president and CEO of The Associated Press says the government's seizure of AP journalists' phone records was "unconstitutional" and already has had a chilling effect on newsgathering.

Posted on 19 May 2013 | 10:59 pm

Suspect in N.Y. bias shooting is charged with murder

NEW YORK (AP) — The man who police say hurled homophobic slurs at a gay man on a Manhattan street before firing a single fatal shot to his head appeared in court Sunday to face a charge of murder as a hate crime.

Posted on 19 May 2013 | 10:19 pm

Officer shot in Marathon showdown wants to work

MBTA Police Officer Richard Donahue smiles with his wife, Kim, during an interview at Spaulding Rehabilitation Hospital in Boston's Charlestown section, Sunday, May 19, 2013. Donahue almost lost his life after being shot during the crossfire with the Boston Marathon bombing suspects in Watertown, Mass. (AP Photo/Elise Amendola)With a bullet still in his body, the police officer who survived a showdown with the Boston Marathon bombing suspects said Sunday he's determined to return to duty.

Posted on 19 May 2013 | 9:44 pm

Japan – Google News

Steak-Loving Japan Seen Propelling JBS Profits: Corporate Brazil – Bloomberg


Steak-Loving Japan Seen Propelling JBS Profits: Corporate Brazil
Bloomberg
JBS SA (JBSS3), the world's biggest beef producer, is counting on steak-hungry consumers in Japan and other Asian nations to help propel total exports past $10 billion for the first time this year. “I'm very optimistic about Japan,” Chief Executive

and more »

Posted on 20 May 2013 | 3:26 am

Japan Set to Invest in African Resources – Wall Street Journal


CHANNELS

Japan Set to Invest in African Resources
Wall Street Journal
Japan needs to secure long-term reliable sources of natural materials. It is also eager to provide its technologies to build roads, railways and utilities, offering a competitive alternative to the Chinese state-owned companies that have helped China
Japan To Provide $2 Billion To Africa Resources ProjectsCHANNELS
Japan pledges $2 bil. in support of African resource developmentGlobalPost
Japan pledges 2 bln USD in support of African resource developmentXinhua
spyghana.com
all 7 news articles »

Posted on 20 May 2013 | 3:13 am

Yahoo Japan suspects 22M IDs stolen – ZDNet


MSN Philippines News

Yahoo Japan suspects 22M IDs stolen
ZDNet
Yahoo Japan suspects up to 22 million user IDs may be stolen. The company had detected an unauthorized attempt to access the administrative system of its Web portal Yahoo Japan at around 9pm Japan time Thursday, Reuters reported on Friday, citing
Yahoo Japan fears 22m user IDs may have been stolen during cyberattackSouth China Morning Post

all 3 news articles »

Posted on 20 May 2013 | 2:03 am

Yen Climbs as Japan Signals Negative Impact From Further Losses – Bloomberg


Bloomberg

Yen Climbs as Japan Signals Negative Impact From Further Losses
Bloomberg
The yen climbed versus all 16 major peers after Japan's Economy Minister Akira Amari said further losses in the currency would threaten to negatively affect people and the government's job is to minimize that. The yen retreated from near its weakest in
Japan, Hong Kong stocks lead Asia gainsMarketWatch
Japan's '3 Arrows' May Run Into German Wall – CNBC.comCNBC.com (blog)
Let's Export Our Deflation – All Japan, All the TimeThe Market Oracle
Gold Seek -The Japan Times -Yonhap News
all 32 news articles »

Posted on 19 May 2013 | 10:30 pm

Analysis – Little sign Abe can shake up Japan’s inbound FDI – Reuters UK


Economic Times

Analysis – Little sign Abe can shake up Japan's inbound FDI
Reuters UK
Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country for companies to do business in" as part of his economic revival plan, which so far has been largely met with approval. The stock market has rallied 45 percent this year and
Japan Biotech Ventures Surge as Abenomics Cash Spurs SpeculationBloomberg

all 3 news articles »

Posted on 19 May 2013 | 9:32 pm

Why Japan Is Bad For The World – Forbes


The Nation

Why Japan Is Bad For The World
Forbes
Japan continues to be the world's biggest financial story. The consensus seems to be that the country's extraordinary economic measures are good for both itself and the world. I've detailed previously how Japan's efforts are likely to have terrible
Investment Insider: UK firms to prosper from Japan's revivalThe Independent
Weak yen helps drive Japan earnings, but no cure-all – The NationThe Nation
Japan premier Shinzo Abe unveils goals to re-energise the economyFinancial Times
Philippine Star -New York Times -Wall Street Sector Selector
all 38 news articles »

Posted on 19 May 2013 | 6:15 pm

Blues lock Bradley Davies emerges as favourite to captain Wales in Japan – WalesOnline


WalesOnline

Blues lock Bradley Davies emerges as favourite to captain Wales in Japan
WalesOnline
“People remember that we won the two Tests in Japan in 2001 but we actually lost our first tour game against Suntory and this time we don't have that luxury as we are straight into the Tests. The conditions are very different, it's extremely humid and

Posted on 19 May 2013 | 6:03 pm

US shale gas alters Japan’s energy plans – The Japan Times


US shale gas alters Japan's energy plans
The Japan Times
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only .

and more »

Posted on 19 May 2013 | 3:34 pm

Nissan Expands in Japan’s Minicar Market With First Joint Model – Bloomberg


Nissan Expands in Japan's Minicar Market With First Joint Model
Bloomberg
Nissan Motor Co. (7201) will start selling the first minicar it jointly developed with Mitsubishi Motors Corp. (7211) in Japan next month amid increasing demand from the nation's consumers for smaller and cheaper vehicles. The automaker, based in

and more »

Posted on 19 May 2013 | 3:16 pm

For a more ‘friendly’ Japan – The Japan Times


For a more 'friendly' Japan
The Japan Times
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only .

and more »

Posted on 19 May 2013 | 3:12 pm

Japan Today: Japan News and Discussion – National

National › China trying to strengthen its claim to Okinawa

China is trying to strengthen its claim on tiny, uninhabited, Japanese-controlled islands by raising questions about the much larger Okinawa chain that is home to more than a million Japanese along with major U.S. military installations. The tactic, however, appears to have done little but harden Tokyo’s stance.

Japan refuses…

Posted on 19 May 2013 | 9:49 pm

National › New shinkansen to use revolutionary simple stations

JR Central has released station design plans for their upcoming Chuo Shinkansen running from Tokyo to Nagoya and later Osaka. In the words of JR, these stations were designed “not to rely on traditional styles” and “to boldly pursue functionality and efficiency.”

However, when the details emerged to a train…

Posted on 19 May 2013 | 9:08 pm

National › 2 elderly people perish in Chiba house fire

Two elderly people perished in a house fire Saturday night in Ichihara, Chiba Prefecture, police said Sunday.

Police said that flames were seen coming form the second floor of the two-story wooden house at around 10 p.m. Saturday. NTV reported that it took firefighters four hours to extinguish the blaze.…

Posted on 19 May 2013 | 7:57 am

National › Gov’t takes aim at electricity monopolies

Japan is embarking on its most ambitious attempt at electricity industry reform since 1951, with Prime Minister Shinzo Abe well-positioned for victory in a battle to break up powerful regional monopolies that is seen as a test of his political agenda.

The time is ripe for the government’s push to…

Posted on 19 May 2013 | 7:40 am

National › Companies Japanese people are most proud of

Market researcher Risk Monster has released the results of its first ever “Companies the Japanese Can be Globally Proud Of” survey. Conducted Feb 25 to 27, the survey received valid responses from 1,000 men and women between the ages of 20 and 69. A total of 200 companies with annual…

Posted on 18 May 2013 | 9:42 pm

National › M6.1 earthquake strikes off northeast Japan

A strong 6.1-magnitude earthquake struck off the northern coast of Honshu on Saturday, seismologists said, but no tsunami warning was issued and there were no immediate reports of damage.

The quake hit at 2:48 p.m. in the Pacific some 50 kilometers from Namie town near the tsunami-ravaged Fukushima Daiichi plant,…

Posted on 18 May 2013 | 7:10 am

National › 5-year-old boy’s hand gets caught in shopping mall escalator

A 5-year-old boy sustained an injury at a shopping mall in Nagoya on Friday after his hand became trapped in an escalator.

A security guard at Mozo Wondercity in Nagoya called the emergency services at around 5 p.m. to report that a young boy was screaming in pain because his…

Posted on 18 May 2013 | 5:10 am

National › 70-year-old woman rescued from toilet after 3-day ordeal

A 70-year-old woman has been rescued from a toilet in which she had been waiting for help for three days, Hiroshima police said Friday.

The woman had entered the premises of an outdoor pool complex that is open to the public every summer. TV Asahi reported that prior to this…

Posted on 17 May 2013 | 9:55 pm

National › Chinese ships in disputed waters again

Three Chinese government ships entered the waters of disputed islands on Friday, Japan’s coast guard said.

The Chinese maritime surveillance vessels were spotted off the Senkaku islands, which China calls the Diaoyus, in the East China Sea at around 2:30 p.m., the coast guard said.

It is the latest episode…

Posted on 17 May 2013 | 5:55 pm

National › Bear shot dead after entering school in Ishikawa

A bear was shot dead after it wandered into a school in Kanazawa, Ishikawa Prefecture, on Thursday.

TV Asahi reported that the bear entered the Morimoto school building at around 7 a.m. and then ran toward the playing field. “There were already some students at school for morning sports,” the…

Posted on 17 May 2013 | 5:30 am