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☆ NBA roundup: Luka Doncic posts 51 in win over Spurs
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +8 min

Keldon Johnson led the Spurs with 30 points, while Sochan added 20. Markkanen led the Jazz with 29 points and 14 rebounds, and Clarkson netted 22 points in Utah's fourth consecutive loss. Kevin Love added 20 points and nine rebounds for the Cavaliers, who survived a rough night from star Donovan Mitchell. Randle added 12 rebounds and six assists for the Knicks, who were without starters Jalen Brunson and RJ Barrett. LaMelo Ball's 23 points and 11 assists and Mason Plumlee's 22 points and 10 rebounds led the Hornets.

☆ Fourth Japan minister exits PM Kishida's four-month-old cabinet
▼ + stars: | 2022-12-27 | by ( Sakura Murakami | ) www.reuters.com time to read: +1 min

[1/2] Japan's Reconstruction Minister Kenya Akiba visits at Yasukuni Shrine on the 77th anniversary of Japan's surrender in World War Two, in Tokyo, Japan August 15, 2022. REUTERS/Issei KatoTOKYO, Dec 27 (Reuters) - Japanese reconstruction minister Kenya Akiba tendered his resignation to Prime Minister Fumio Kishida on Tuesday, becoming the fourth minister to leave the cabinet created by Kishida in August. Three other ministers have quit in close succession due to scandals, some involving funding and ties with the Unification Church. "It was a difficult decision to make, but I tendered my resignation to the prime minister as I felt I must not hamper the debates in parliament," he added. Akiba will be replaced by former reconstruction minister Hiromichi Watanabe, Kyodo News reported on Tuesday.

☆ Chaos cooking is taking over the dining room as restaurants unleash ambitious culinary concoctions from Big Mac pizzas to masala mac & cheese
▼ + stars: | 2022-12-17 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

But now restaurants and TikTok are elevating food mashups to a level dubbed chaos cooking. Ambitious culinary concoctions range from Big Mac pizzas to curry-fajitas sold at TGI Fridays. Indie restaurants and chains are unleashing ambitious and improbable culinary concoctions, from Big Mac pizzas at a Washington DC restaurant to curry fajitas at TGI Fridays. On Instagram and TikTok, chaos cooking is showing up in different forms: a pizza slathered with refried beans, zucchini fettuccine, and a vegan peppermint pattie cake. The article asked: Is chaos cooking a pathway to inner peace?

☆ Toshiba says aims to reach deal with potential partners soon as possible
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Dec 16 (Reuters) - Japan's Toshiba Corp (6502.T), which is talks about a buyout, said in a letter to shareholders on Friday that it was aiming to reach as conclusion with potential partners as soon as possible. Toshiba is "planning to receive binding and bona-fide proposal(s) and shall be making strong efforts to arrive at a conclusion as early as possible after necessary negotiations," the letter said. Sources have told Reuters that the company's preferred bidder, Japan Industrial Partners (JIP), was moving closer to securing financing from banks for a buyout. A deal is expected to value the industrial conglomerate at around 2.2 trillion yen ($16 billion). Shares in Toshiba, whose businesses span nuclear power, defence technology and which owns 40% of memory chip maker Kioxia Holdings, were up 1.7% in mid-morning trade.

☆ Sam Bankman-Fried is reportedly such a huge Taylor Swift fan that he pushed for FTX to sponsor her tour in a $100 million deal that almost happened
▼ + stars: | 2022-12-07 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried wanted his now-bankrupt cryptocurrency exchange to sponsor a Taylor Swift tour. FTX was close to negotiating an over $100 million deal, but talks between teams ended in the spring. Part of the sponsorship deal included offering tickets as non-fungible tokens, or NFTs, from Swift, people familiar with the matter told the FT. "The discussion was around a potential tour sponsorship that did not happen." While scrapping the deal proved to be good karma for Swift, Bankman-Fried is continuing his run as the crypto-world's largest anti-hero at the moment.

☆ BOJ's next move will unwind loose policy, 92% of economists say
▼ + stars: | 2022-11-29 | by ( Kantaro Komiya | ) www.reuters.com time to read: +4 min

Twenty-four of 26 economists in the Nov 15-25 poll said the BOJ's next action, if any, would be "unwinding its ultra-easy monetary policy". Widely known as the policy accord, it requires the central bank to achieve its 2% inflation target "at the earliest date possible." Among those who wanted a revision, seven called for more flexibly judging achievement of the inflation target. One BOJ watcher calling for change wanted a lower inflation target, and another said the BOJ's mandate should be enlarged to include targeting employment or wage rises. On Monday, Prime Minister Fumio Kishida rejected the idea of adding wage growth as a new monetary policy goal.

☆ BOJ's next move will unwind loose policy, 92% of economists say: Reuters Poll
▼ + stars: | 2022-11-29 | by ( Kantaro Komiya | ) www.reuters.com time to read: +4 min

Twenty-four of 26 economists in the Nov 15-25 poll said the BOJ's next action, if any, would be "unwinding its ultra-easy monetary policy". Widely known as the policy accord, it requires the central bank to achieve its 2% inflation target "at the earliest date possible." Among those who wanted a revision, seven called for more flexibly judging achievement of the inflation target. One BOJ watcher calling for change wanted a lower inflation target, and another said the BOJ's mandate should be enlarged to include targeting employment or wage rises. Two economists in the poll said the accord should simply be abolished.

☆ NBA roundup: Kyrie Irving returns, helps Nets top Grizzlies
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +7 min

Dillon Brooks led all scorers with 31 points but shot 13 of 30 as the Grizzlies saw their seven-game winning streak over Brooklyn halted. John Konchar added 16 while Steven Adams contributed 15 and 10 rebounds as the Grizzlies shot 43.4 percent. Bruce Brown scored 12 points and DeAndre Jordan had 17 rebounds for the short-handed Nuggets. Six Cavs scored at least 11 points with Lamar Stevens posting 11 and Evan Mobley recording a double-double of 15 and 10 rebounds. KJ Martin scored 12 points off the bench.

☆ BOJ inflation target to be scrutinised at government forum
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - A government-affiliated think tank will host a forum next month to discuss the Bank of Japan's 2% inflation target and the "challenges ahead", the organisation said on Monday. Participants include Columbia University professor Takatoshi Ito, who was a proponent of setting an inflation target when the BOJ had none until 2013, and University of Tokyo academic Tsutomu Watanabe, a former BOJ official known for his analyses on Japan's price trends. Three months later, Abe's hand-picked BOJ governor Haruhiko Kuroda deployed a massive asset-buying programme to meet his pledge of achieving 2% inflation in roughly two years. But stubbornly low inflation and a fragile economy forced the BOJ to maintain a massive stimulus until now, keeping Japan's central bank an outlier among global peers that have been tightening monetary policy to combat soaring inflation. With prolonged easing crushing bank profits and distorting the yield curve, some lawmakers have called for tweaking the joint statement and making the 2% inflation target a long-term goal with some room for flexibility.

☆ Yuta Watanabe comically dunks into his own net as Brooklyn Nets’ woes continue
▼ + stars: | 2022-10-30 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —The Brooklyn Nets have made a terrible start to the NBA season and on Saturday star forward Yuta Watanabe didn’t make matters any easier by comically scoring in the opposite team’s basket. At the Barclays Centre, the Nets went down 125-116 to the Indiana Pacers to go 1-5 for the season. It was the Nets’ fourth straight loss and one coach Steve Nash called a “disaster.”The night started ominously when, in the first quarter, Watanabe accidentally scored for the Pacers. The comical two-pointer cut the Nets’ lead before the Pacers tied at the end of the first quarter. As the Pacers pulled away from the struggling Nets, rookie Bennedict Mathurin scored a career-high 32 points in a team record 23 three-pointers.

☆ Japan unlikely to intervene to stem weak yen, half of economists say
▼ + stars: | 2022-09-21 | by ( Kantaro Komiya | ) www.reuters.com time to read: +4 min

Register now for FREE unlimited access to Reuters.com RegisterStill, a slim majority of economists thought any direct action was a long shot. read moreFive respondents said 150 yen per dollar would prompt intervention. Japan last carried out yen-buying intervention in 1998, when the Asian financial crisis triggered a yen sell-off and rapid capital outflow. Economists expected core CPI to rise to 2.4% this fiscal year, before slowing to 1.2% in fiscal 2023, the poll showed. Elsewhere in the poll, BOJ Deputy Governor Masayoshi Amamiya was economists' top pick for the central bank's next chief to succeed incumbent Haruhiko Kuroda in the spring.

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. "Japanese households have a thousand trillion in yen deposits. As of June, households had 1,102 trillion yen ($7.7 trillion) in cash and deposits, while private non-financial companies had 325 trillion yen. "There is a risk of what I call capital flight by Japanese households," said Tohru Sasaki, head of Japan markets research at J.P. Morgan Securities in Tokyo. In January 2006, when spreads between U.S. and Japan were at their widest at roughly 440 bps, Japanese households had 1,631 trillion yen of assets.

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