Not just NYCB: Japanese bank issues warning on U.S. offices, cutting some Chicago loans by 63%. – MarketWatch
The Japanese bank has slashed the value of some of its U.S. office loans by more than 50% following a profit warning from New York Community Bancorp that was at least partly due to a deterioration in the office loan market. Aozora Bank Stock 8304, -21.49% The company fell 21%, making it the worst performer […]
Kamikaze! Failed Japanese Moon Lander Hits Lunar Soil Nose First
Images released Thursday showed Japan's lunar lander with its nose upright, its engines pointing into the pitch-black sky after landing on the moon. According to the BBC, the first photos of the destroyed spacecraft show it rotated 90 degrees from its original resting state. I will report it. This awkward, upside-down finish may help explain […]
Shinji Aoba sentenced to death for arson attack at Japanese anime studio that killed 36
A Japanese court on Thursday found the man responsible for a shocking arson attack that killed 36 people at a Kyoto anime studio guilty of murder and other charges and sentenced him to death. The Kyoto District Court announced that it had found Shinji Aoba mentally competent to be punished for his crimes and sentenced […]
Japanese Yen remains on the back foot against USD, lacks follow-through ahead of US GDP – FXStreet
share: The Japanese yen fell slightly against the US dollar on Thursday, but the downside appears to be limited. The risk-on mood and the recent widening of the Japan-U.S. interest rate differential are putting pressure on the yen. The Bank of Japan's hawkish leanings could be a tailwind for the yen, as the […]
Japanese man Shoji Morimoto is so successful at getting hired to do ‘nothing’ for others, he’s now doing it for free
The best type of friends are free. Shoji Morimoto (39) has been hired for more than 4,000 jobs since he started his own “rental human resources” business in 2018, and until recently was getting paid to “do nothing.” But now the creative entrepreneur has revealed that he has stopped charging clients for their time together. […]
Japanese Defense Ministry signs contract to purchase 400 US-made long-rage Tomahawk missiles
Japan's defense minister signed a deal Thursday that allows the military to buy Tomahawk missiles from the United States, officials announced. Minister Minoru Kihara joined U.S. Ambassador to Japan Rahm Emanuel in Tokyo, and both officials signed an agreement for Japan to purchase 400 U.S.-made long-range Tomahawk missiles. The deal comes as Japan seeks to […]
AI replaces ‘woke’ TV translators in Japanese art, sparking online debate
Western TV and anime localizers have recently come under fire for inserting “woke” languages into English dubs that aren't present in the originals, and some companies are using artificial intelligence (AI) as a way to limit human intervention. ) or eliminate artificial intelligence altogether. AI is already being used in industry. On December 21st, the […]