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☆ Oasis launches a campaign at Kao Corp, but this battle is likely to be a difficult one
▼ + stars: | 2024-04-20 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Activist Commentary: Oasis Management is a global hedge fund management firm headquartered in Hong Kong with additional offices in Tokyo, Austin and the Cayman Islands. The hygiene and living care segment provides fabric, kitchen, home, sanitary and pet care products. Kao Corp is a global fast-moving consumer goods company with a diversified portfolio of products spanning from hair and skin care to cosmetics and chemicals. Oasis has proven to be a value-creating activist in many situations and would likely be a valuable board member here, but this is not a typical Oasis activist campaign. On the contrary, the day after Oasis launched its campaign, Kao stated that the firm lacked sufficient understanding of its portfolio management and restructuring plans.

Persons: Seth Fischer, Molton Brown, Kao, Kao's ROE, Beiersdorf, Aoki, Tsuruha, Oasis, ROE, Ken Squire Organizations: Oasis Management, Oasis, Business, Kao Corp, Tokyo Stock Exchange, onboarding, Kao, 13D Locations: Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe, Japan

☆ Justin Bieber, Steve Aoki, and Jay-Z have all been spotted with Tesla's Cybertruck. Here's a list of the celebs flexing the new status vehicle.
▼ + stars: | 2024-03-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Celebrities including Kim Kardashian, Jay-Z, and Justin Bieber are flaunting Tesla's Cybertruck. Celebs have been spotted taking the truck to concerts, church, and through downtown Miami. Here's a list of celebrities that have been spotted with Tesla's Cybertruck. Kim Kardashian, Jay-Z, and Justin Bieber have all been spotted with the truck in recent weeks. This story is available exclusively to Business Insider subscribers.

Persons: Kim Kardashian, Jay, Justin Bieber, Tesla's Cybertruck, —, Cybertruck, Steve Aoki, Elon Musk, Tesla Organizations: Service, Elon, Business Locations: Miami

TOKYO (AP) — The bid-rigging trial around the Tokyo Olympics played out Tuesday in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges. Executives or management-level officials at each of the accused companies, and Tokyo Olympic organizing committee official Yasuo Mori, have been charged with violating anti-monopoly laws. Speaking in Tokyo district court, he said no bid process was ever decided upon or set up by the Tokyo Olympic organizing committee. Once the Olympics landed in Tokyo, Dentsu became the chief marketing arm of the Games and raised a record $3.3 billion in local sponsorship. Takahashi was a member of the Tokyo Olympic organizing committee and wielded powerful influence over the Olympic business.

Persons: Koji Henmi, Yasuo Mori, Cerespo, Dentsu, Sebastian Coe, Thomas Bach, Genta Yoshino, Henmi, ” Yoshino, Yoshino, Yoshiro Mori, Toshiro Muto, Tsunekazu Takeda, Haruyuki Takahashi, Takahashi Organizations: TOKYO, Tokyo Olympics, Tokyo Olympic, Tokyu Agency, Olympic Committee, IOC, Bank of Japan, Tokyo, Japanese Olympic Committee, Tokyo Metropolitan Government, Olympic, Aoki Holdings, Paris Locations: Tokyo, Dentsu, Switzerland, Japan, Sapporo, French, Salt Lake City, Osaka, paris

LAS VEGAS (AP) — At the inaugural Formula One Las Vegas Grand Prix, music and entertainment have taken a dominant role. (The luxury club and casino is a founding partner in the Las Vegas Grand Prix.) Travis Scott performed at Zouk Nightclub located in Resorts World Las Vegas, another partner of this particular race. For the inaugural Vegas race weekend, the Grand Prix hosted an Opening Ceremony — not too dissimilar from the star-studded event that launch the Miami race in 2022. Just like music.”For the EDM DJ and Las Vegas resident Steve Aoki, the F1 Opening Ceremony is indicative of Vegas' growing appeal.

Persons: J Balvin, He'd, Usher, ”, he'll, will.i.am, —, Jack Harlow, Travis Scott, Jared Leto, Shannon Leto, Keith Urban, Andra Day, Kylie, ” Bishop Briggs, Steve Aoki, John Legend, “, ” Keith Urban, Day, Mercedes Driver, Lewis Hamilton, Michael Jackson's Organizations: LAS VEGAS, —, One Las, Prix, Las Vegas, Associated Press, Cosmopolitan, Liberty Media, Wynn, Vegas, Formula, Miami, Paddock Club, AP, Las Locations: Sin City, Las Vegas, Vegas, Las, Bahrain

LOS ANGELES (AP) — For the EDM DJ Steve Aoki, the next frontier is the final one. A trip to outer space makes a lot of sense for the forward-thinking creator, who's releasing “HiROQUEST 2: Double Helix” on Friday. On “HiROQUEST 2: Double Helix,” his story continues, and a new antagonist is introduced. Sonically, “HiROQUEST 2: Double Helix” is a detour from the first release. In the meantime, Aoki says he knows how the “HiROQUEST” saga will end, but he's not telling more.

Persons: Steve Aoki, ”, Hiro, Aoki, “ I’m, ’, ” Aoki, CNCO, Danna Paola, Ángela Aguilar, Tini, Paris Hilton, Akon, “, he's, he'll Organizations: ANGELES, dearMoon, Paris Locations: Argentine, Las Vegas

☆ Dogs don kimonos, receive blessings in place of children in aging Japan
▼ + stars: | 2023-11-14 | by ( Irene Wang | ) www.reuters.com time to read: +2 min

[1/5] Pet owners pray with their pet dogs as they arrive for a Shichi-Go-San blessing, traditionally performed for young children to ask for health and happiness, at Zama Shrine in Zama, Kanagawa Prefecture, near Tokyo, Japan, November 14, 2023. REUTERS/Kim Kyung-Hoon Acquire Licensing RightsZAMA, Japan, Nov 14 (Reuters) - A traditional ceremony for children is catching on among pet owners in Japan, where dogs and cats are receiving ever more attention amid the nation's plummeting birth rates. Parents dress their girls and boys in kimonos and bring them to a Shinto holy place for the ceremony. On Tuesday, numerous pet owners led their charges up the steep steps to reach the Inuneko Jinja, or Dog-Cat Shrine, to pray and receive a blessing from a Shinto priest. "The number of children is decreasing each year, and as a result, more and more people are pouring their love into their dogs and cats," said Zama Shrine priest Yoshinori Hiraga.

Persons: Kim Kyung, Natsuki Aoki, Aoki, Shiba, Yoshinori Hiraga, Masayo Tashiro, Irene Wang, Rocky Swift, Raju Gopalakrishnan Organizations: REUTERS, Thomson Locations: Zama, Kanagawa Prefecture, Tokyo, Japan, Hiroshima, kimonos, Jinja, Pomeranian

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

TOKYO (AP) — An executive at Japanese publishing house Kadokawa was found guilty Tuesday of bribing a former Tokyo Olympics organizing committee member. Toshiyuki Yoshihara, charged with paying 69 million yen ($463,000) to Haruyuki Takahashi, was given a two-year prison sentence, suspended for four years. The punishment was suspended because Yoshihara had expressed remorse, and his wife had promised to watch over him, Nakao said. At the center of the scandal is Takahashi, a former executive at advertising company Dentsu, who joined the Tokyo Olympic organizing committee in 2014, and had great influence in arranging sponsorships for the Games. Maniwa, accused of depositing the money to Takahashi’s account, was given a suspended sentence in June.

Persons: Toshiyuki Yoshihara, Haruyuki Takahashi, Yoshihisa Nakao, Yoshihara, Kadokawa, ” Nakao, Nakao, “, ”, denting, Yasuhiro Yamashita, Takahashi, Sun, Kyoji Maniwa, Maniwa, Hironori Aoki, Shinichi Ueno, Yuri Kageyama Organizations: TOKYO, Kadokawa, Tokyo Olympics, Tokyo Games, Kadokawa Group, Japanese Olympic, Tokyo Olympic, Games, Aoki Holdings, Daiko, Inc, Paris Locations: Tokyo, Japan, Sapporo, paris

☆ Missiles aren't the only threat from North Korea. Its conventional arms are just as deadly
▼ + stars: | 2023-08-17 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +6 min

A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). In late 2022, CFR estimated North Korea had 1.3 million active military personnel, in addition to a 600,000 strong reserve force. Pinkston pointed out that North Korea is not the only one that can launch an attack at short notice. Holistic perspectiveWhy would North Korea need to develop missiles if it holds such a potent threat over South Korea — even if short-lived? However, Cha pointed out that there have also been studies that have shown the damage inflicted by North Korean artillery is "not that effective."

Persons: that's, Naoko Aoki, Victor Cha, Rand, Daniel Pinkston, Pinkston, Cha Organizations: North Korean, North, Korean Central News Agency, Reuters, Korea's, Rand Corporation ., of Foreign Relations, CFR, Korean, Artillery, Center for Strategic, International Studies, Rand Corp, Samsung Electronics, Rand, . Rand Corporation, LG, South Korean, Troy University, CNBC, Korea People's Army, CSIS Locations: North Korea, Korean, Korea, South Korea, Seoul, Pyongyang, U.S, Paju, counterfire, Washington, United States, Victor, Victor Cha Korea

☆ Love and Loss Through the Photographer’s Lens
▼ + stars: | 2023-06-29 | by ( Arthur Lubow | ) www.nytimes.com time to read: +2 min

In the thought-provoking exhibition, “Love Songs: Photography and Intimacy,” at the International Center of Photography, two series of photographs by Nobuyoshi Araki face off on opposite walls. In the first, “Sentimental Journey,” from 1971, Araki charts his honeymoon with Yoko Aoki, his young wife. Love and loss. Many of the photographers are charting the end of a love affair. As songwriters have recognized, the pain of a breakup is more emotionally penetrating than the joy of a happy romance.

Persons: ”, Nobuyoshi Araki, Araki, Yoko Aoki, Aoki, Henry James’s “, you’ve, Sara Raza Organizations: International Center of Photography, Maison Locations: ”, Paris

☆ The Acrobatics of Viewing Art
▼ + stars: | 2023-04-29 | by ( Haruka Aoki | ) www.nytimes.com time to read: 1 min

Sketch padThe Acrobatics of Viewing ArtAfter spending an afternoon in a crowded gallery, an artist discovers there’s more to view than just what’s on display. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Give this article

☆ I'm a celebrity photographer. I captured the true nightlife-energy of famous people and refused to sell photos to paparazzi.
▼ + stars: | 2023-04-15 | by ( Costa B. Pappas | ) www.businessinsider.com time to read: +6 min

Mark Hunter is a celebrity photographer who started uploading nightlife-photos to his blog in 2003. My approach to nightlife photography was very forward thinking. After every party I'd post the photos on my blog. I've learned nightlife photography is all about your reputation, working hard, and networkingI feel like I'm just as in demand now, if not more than I was back in the day. Becoming a nightlife photographer is going to be challenging because there's no formula like at a corporate job.

☆ Japan authorities seek criminal charges against Dentsu, others over Olympics contracts
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Feb 28 (Reuters) - Japan's Fair Trade Commission said on Tuesday it filed criminal complaints against Dentsu (4324.T) and five other firms as well as seven individuals over alleged bid-rigging on contracts for the Tokyo 2020 Olympics. The complaint marks the latest development in months of investigations into alleged corruption in the planning and sponsorship of the Tokyo Olympics and Paralympics Games, held in 2021 after a pandemic-driven postponement. Tokyo prosecutors are planning to the bring the charges on Tuesday, Kyodo News agency said. Dentsu, Cerespo and Fuji Creative have already been barred from bidding for contracts at the industry, foreign and education ministries for nine months. Reporting by Satoshi Sugiyama, Kantaro Komiya, Kaori Kaneko; Editing by Chang-Ran Kim and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

☆ North Korea and Russia are ramping up trade in oil, coal and weapons as Ukraine war sanctions send Moscow to pariah state
▼ + stars: | 2023-02-17 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

A new CSIS report analyzed satellite imagery that suggests significantly increased trade between Russia and North Korea. Wartime sanctions have pushed Moscow to turn to railroad trade with Pyongyang, the researchers wrote. Trade between North Korea and Russia hit roughly $48 million in 2019, International Trade Centre data compiled by the Wall Street Journal shows. That dropped to nearly zero in 2021, with North Korea closing off its borders during the pandemic. Similarly, over recent years, Russia has sided with North Korea in geopolitical conversations over sanctions on the Kim Jong-un's regime.

☆ Ex-Tokyo Olympics official, ad execs arrested in bid-rigging scandal
▼ + stars: | 2023-02-08 | by ( Kantaro Komiya | ) www.reuters.com time to read: +3 min

TOKYO, Feb 8 (Reuters) - Japanese prosecutors arrested on Wednesday a former Tokyo Olympics organising committee official and executives at three advertising agencies on suspected bid-rigging of test events for the Games, the Tokyo District Public Prosecutors Office said. The media reports later said the prosecutors also arrested three executives at advertising and event-planning firms Dentsu Inc (4324.T), Cerespo Co (9625.T) and Fuji Creative Corporation, a subsidiary of Fuji Media Holdings Inc (4676.T). Dentsu said in a statement that a former employee, who currently works at a group firm in Japan, was arrested. The bid-rigging investigation comes after a bribery scandal, in which Haruyuki Takahashi, a former member of the Tokyo 2020 Olympics board and before that a Dentsu executive, was arrested in August on suspicion of receiving bribes from Olympic sponsors. Executives from ADK, suits retailer Aoki Holdings (8214.T) and publishing firm Kadokawa (9468.T) have also been arrested in connection with the bribery scandal.

☆ Uniqlo goes out on a limb in salary hike
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Jan 12 (Reuters Breakingviews) - Fast Retailing (9983.T), owner of the Uniqlo clothing chain, announced it would hike wages by up to 40% for some roles on Wednesday. The bigger question, though, is how much of an outlier Fast Retailing will be. Although Japan’s labour market is tight, weak growth and rising prices have caused real wages to contract for eight consecutive months through November. Fast Retailing, set to announce earnings today, was a market outperformer last year and is preparing a 3-1 stock split. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ A Twitter angel investor appeared to mock Elon Musk by offering to buy the company and threatening to withdraw his investment if Musk says no
▼ + stars: | 2023-01-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

An early Twitter investor appeared to mock Elon Musk in a letter posted on the site on Tuesday. Leonidas Raisini said he'd sell his shares if Musk turns down his offer to buy the company for $14.3 billion. The letter includes a lot of the phrasing used by Musk when he offered to buy Twitter in April. However, since you acquired Twitter, you have not kept your promise of free speech and Twitter has become a breeding ground for online hate and terrorism. Together with my partners, my fund has secured the funding to buy Twitter.

☆ Brazilian soccer legend Pelé, winner of 3 World Cups, dead at 82
▼ + stars: | 2022-12-29 | by ( Scott Davis | ) www.businessinsider.com time to read: +7 min

Showing a natural skill for the sport, Pelé eventually joined a youth team coached by the former Brazilian national team player Waldemar de Brito. Keystone/Hulton Archive/GettyBy 16, Pelé made the Brazilian national team and was playing in the 1958 World Cup in Sweden. In the 1966 World Cup, Pelé played in only two of three games, scoring one goal, as Brazil was eliminated in the first round. In 1970, Pelé got World Cup redemption, going into Mexico with a Brazilian squad some considered the best team ever. He took part in World Cup draws, inaugurations and ceremonies and was involved in various Olympic opening and closing ceremonies.

☆ Japan to deploy missile defence unit in Yonaguni, near Taiwan - Jiji
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: 1 min

TOKYO, Dec 27 (Reuters) - Japan's Ministry of Defence will deploy a surface-to-air missile defence unit in Yonaguni Island, the country's westernmost island, near Taiwan, Jiji news reported on Tuesday. The instalment of missile troops is part of a plan to expand a Ground Self-Defense Force camp on the island, part of Okinawa prefecture, to reinforce defence of Japan's southwestern islands, Jiji quoted ministry spokesperson Takeshi Aoki as saying. Earlier this month, Japan unveiled its biggest military build-up since World War Two with a $320 billion plan that would buy missiles capable of striking China as regional tensions and Russia's Ukraine invasion stoke war fears. read moreReporting by Kantaro Komiya Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.

☆ T.O.P, DJ Steve Aoki among crew for Japanese billionaire’s SpaceX trip to moon
▼ + stars: | 2022-12-09 | by ( Kriti Gandhi | ) www.nbcnews.com time to read: +2 min

Japanese billionaire Yusaku Maezawa on Friday named South Korean rapper T.O.P and DJ Steve Aoki among the eight artists and entertainers who will join him on a private SpaceX trip around the moon as early as next year. It follows Maezawa’s 12-day trip to the International Space Station on a Russian Soyuz spacecraft last year. It still hasn’t even sunk in yet — and I’ve known for quite awhile,” Dodd said in a video posted after the announcement. U.S. Olympic snowboarder Kaitlyn Farrington and Japanese dancer Miyu will be backup crew members for the trip, which has been years in the making. The eight-day mission aboard SpaceX’s Starship vehicle includes three days circling the moon, coming within about 125 miles of the surface.

☆ Japanese billionaire Yusaku Maezawa has picked his crew for his flight to the moon on SpaceX's Starship, and it includes a DJ and a K-pop star
▼ + stars: | 2022-12-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Japanese billionaire Yusaku Maezawa has picked his crew for his flight to the moon on SpaceX's Starship. A crew of artists, content creators, and athletes from around the world will fly to the moon as soon as next year. Maezawa, a Japanese fashion tycoon with a net worth of $1.7 billion, had purchased all the seats on the Starship flight back in 2018. His unconventional choice of travel companions for his moon mission is in line with his eclectic and flamboyant persona. In 2020, a year before he launched an open competition for the moon mission, Maezawa announced he was specifically looking for a romantic "female partner" to accompany him to the moon.

☆ Japanese billionaire Maezawa picks K-pop star TOP, DJ Steve Aoki to join SpaceX moon trip
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +2 min

[1/4] Japanese entrepreneur Yusaku Maezawa reacts as he speaks with his family after donning space suits shortly before the launch to the International Space Station (ISS) at the Baikonur Cosmodrome, Kazakhstan, December 8, 2021. REUTERS/Shamil ZhumatovTOKYO, Dec 9 (Reuters) - Japanese billionaire Yusaku Maezawa on Friday revealed that K-pop star TOP and DJ Steve Aoki will be among the eight crew members he plans to take on a trip around the moon next year, hitching a ride on one of Elon Musk's SpaceX rockets. The picks were announced by Maezawa on Twitter and at a website for what he dubbed the #dearMoon Project. Maezawa used the micro-blogging site to recruit eight crew members from around the world to join him on the moon trip, saying 1 million people had applied. U.S. Olympic snowboarder Kaitlyn Farrington and Japanese dancer Miyu were named as backup crew members.

☆ SpaceX's moon mission gets 8 more crew members
▼ + stars: | 2022-12-08 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

The mission, called Dear Moon, was first announced in 2018. Dear Moon still advertises that its mission will take off in 2023, though SpaceX’s new rocket and spacecraft system, known as Starship, has yet to conduct its first orbital test flight. The Dear Moon mission crew includes (clockwise from top left): Tim Dodd, Yemi A.D., Choi Seung Hyun, Steve Aoki, Rhiannon Adam, Karim Iliya, Miyu (backup), Dev Joshi, Yusaku Maezawa, Brendan Hall and Kaitlyn Farrington (backup). Since the Dear Moon mission was first announced, Maezawa made his first journey to space, taking a self-funded, 12-day journey to the International Space Station. If early test flights of Starship are successful and the Dear Moon mission gets off the ground, Maezawa’s crew could be the first group of private citizens to venture beyond low-Earth orbit.

☆ NFL linebacker Blake Martinez retired from football after selling a Pokémon card for $672,000
▼ + stars: | 2022-11-23 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

He announced this 11 days after selling an ultra-rare Pokémon card for $672,000. Martinez had recently sold an "Illustrator" Pokémon card, which is "one of the rarest Pokémon cards in existence," according to CGC Trading Cards, which is dedicated to grading popular trading cards and sets. CGC Trading Card vice president Matt Quinn described the card as "the holy grail for Pokémon card collecting" in a video shared on the company's Instagram. In July 2021, Paul paid $5.275 million for another Illustrator card, setting a new Guinness World Record for the most expensive Pokémon card sold at a private sale. Tips for trading Pokémon cardsThose looking to start investing in Pokémon trading cards should make sure to diversify, Thomas Kovacs, the owner of an online store that specializes in selling collectibles like Pokémon cards, previously told Insider.

☆ Here's how to play the bear market - and when to know it's safe buy again
▼ + stars: | 2022-10-13 | by ( Jason Ma | ) www.businessinsider.com time to read: +6 min

Investors should brace for a 5% stock market decline if the reading comes in above 8.3%, JPMorgan's trading desk said in a note this week. The stock market could continue to tumble in the face of rising inflation and a recession. Investors should wait to get bullish on the falling stock market as inflation and rate-hike concerns continue to roil the valuation norms of the past two decades, according to Bank of America. Has the stock market found a bottom yet? US stock futures rise early Thursday, ahead of the eagerly awaited US inflation data due later this morning.

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