An official in the rural Japanese town wired the 24-year-old man nearly $360,000 by mistake. He lost it in online casinos. Now, the town is suing and he has been arrested.
Tag: Japan
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Japan’s Economy Shrank 1 Percent as Consumers Fled Covid
The world’s third-largest economy lost momentum in the first three months of the year after the Omicron variant suppressed demand at home.
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Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.
Rapidly rising food and energy costs, coupled with a plunging yen that has hit a 20-year low against the dollar, are weighing on a Japanese economy struggling to emerge from the pandemic.
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Japan Says It Needs Nuclear Power. Can Host Towns Ever Trust It Again?
The Ukraine war has shown the fragility of Japan’s energy supplies. But the decision to restart plants after the Fukushima disaster is fraught with emotions and political calculation.
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The ‘Ultimate Bird’ Once Prowled the Seas of a Young Japan
Researchers described Annakacygna, a family of flightless ancient swans that were filter-feeders.