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Why Japan keeps repeating the same corporate fraud scandals

May 24, 2025

South Korea’s Lee touts ‘national interest-based’ diplomacy in G7 debut
SEOUL — South Korea’s new leader has returned from his diplomatic debut abroad, which his office touted as the realization of his “national interest-based, pragmatic” brand of foreign policy. President Lee Jae Myung early this week took part in the G7 Summit in Kananaskis, Canada, his first overseas trip since taking office on June 4.…
U.S. Steel ceases trading on the NYSE as Japan’s Nippon finalizes takeover
U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan’s Nippon Steel completed its acquisition of the iconic American industrial name. President Donald Trump has insisted for weeks that the companies would form a “partnership” in which U.S. Steel would remain American-owned. But the New York Stock Exchange notified the…
Hong Kong set to regain top IPO spot under US-China tensions
HONG KONG — Hong Kong is poised to reclaim its crown as the top spot for initial public offerings, estimates show, potentially ending a five-year cold streak. China’s largest soy sauce maker, Foshan Haitian Flavouring and Food Company, rang the gong at the Hong Kong exchange on Thursday. The shares opened 3.3% above their offer…
2 men get life sentences in New Mexico shooting death of 11-year-old that prompted gun ban
ALBUQUERQUE, N.M. — Two men were sentenced Wednesday to lifelong terms in prison in the shooting death of an 11-year-old boy outside an Albuquerque baseball stadium in 2023 that prompted the New Mexico governor to issue a controversial gun ban, the district attorney’s office in Albuquerque said. Investigators say a truck carrying a mother and…
Guide to relocating your startup to Valencia
When founders dream of launching a startup under the Mediterranean sun, Barcelona and Madrid often come to mind first. But an increasing number of entrepreneurs are turning their gaze to Valencia — a city that’s building a vibrant, founder-friendly startup community. It’s not just about sunshine (though 300 days a year doesn’t hurt). It’s about…
War tech goes old school with Sweden’s first TNT factory since Cold War
A Swedish startup is taking defence tech back to basics — by building the country’s first TNT factory since the Cold War. Stockholm-based Swebal has secured a €3mn investment for the plant, slated to enter full operation in late 2027. Located in Nora, a town about three hours from the capital, the factory is expected…
Salt Lake City volunteer’s account of deadly shooting questioned after new video emerges
A new picture of the Salt Lake City protester arrested in a deadly “No Kings” shooting is emerging, and it is different from the one safety volunteers at the event provided to officials. Arturo Gamboa, 24, never fired his weapon, but he was arrested on suspicion of murder Saturday. He had not been formally charged…
AI as ‘socially vital’ as water and energy, say UK execs
Without water, the average human would die after about five days. Without energy, our society as we know it would collapse. But what about a world without AI? According to British business leaders, the consequences would be equally catastrophic. A new report by London-based software firm Endava, surveying 500 entrepreneurs, found that two-thirds of respondents…