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Kenya
Business: Police officer arrested for selling gun to criminals in Kasarani
A policeman has been arrested after he sold his gun to a criminal in Kasarani area, Nairobi.
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Kenya
Business: Fight for power takes new forms as Kenyan elections approach
A crowd of elated young men danced outside the market in Kenya's southern Kisumu city, waving the crisp new 200 shilling ($2) notes that a local politician was distributing from behind a dusty speaker that pounded out music.
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Kenya
Business: Huge dam to shore up Kenya's urban water, may threaten Maasai Mara
A dam being built on the edge of Kenya's largest water catchment is drawing criticism from experts who fear it could threaten water supplies in the country as much as supplement them.
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Kenya
Financial analysts slow to list as June 7 deadline beckons
Only one out of five financial and investment analysts in Kenya have been licensed to ply the trade by the industry regulator ahead of the June 7 deadline.
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Giappone Thailandia
Facebook again draws fire after Thai man broadcasts baby daughter’s murder
Police in Thailand on Wednesday said they would discuss how to expedite taking down “inappropriate online content” after a man broadcast himself killing his 11-month-old daughter in a live video on Facebook. Two videos, which were available for nearly 24 hours before they were taken down, show Wuttisan Wongtalay hanging ...
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Giappone
Shoko Chukin extended ¥19.8 billion in fraudulent loans
The government-affiliated Shoko Chukin Bank has discovered that 35 of its branches illicitly extended loans worth ¥19.8 billion under a low-interest financing program intended to help crisis-hit small businesses. According to a report released Tuesday by the bank’s third-party investigative panel, 816 loans were made by 99 officials at branches ...
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Giappone
Toshiba planning to replace auditor after clashes over Westinghouse accounting
Toshiba Corp. is in the final stages of talks to replace its auditor after the technology conglomerate’s earnings reports failed to get audit certification, sources said Wednesday. Toshiba clashed with its current auditor, PricewaterhouseCoopers Aarata, over accounting issues related to Westinghouse Electric Co., the tech giant’s troubled U.S. nuclear reactor ...
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Giappone
Dollar surges above ¥111 ahead of Trump tax plan
The dollar surged above ¥111 in Tokyo trading on Wednesday, on hopes for a tax plan by U.S. President Donald Trump expected to be released on the same day U.S. time. At 5 p.m., the dollar stood at ¥111.23-23, up from ¥110.31-31 at the same time Tuesday. The euro was ...
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Giappone
JR East luxury sleeper train with Japanese touch nears May 1 debut
The new Train Suite Shiki-shima — which East Japan Railway says will provide a cruise ship-like experience — is nearing its May 1 debut, with the operator on Wednesday giving members of the press a chance to experience the luxury sleeper. While sleeper trains as a means to get to ...
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Giappone
Nikkei hits one-month high on Wall Street rise, weaker yen
The benchmark Nikkei average extended its winning streak to a fourth session and closed at a one-month high on the Tokyo Stock Exchange Wednesday, supported by an overnight rise in U.S. equities and the yen’s weakening against the dollar. The 225-issue Nikkei average rose 210.10 points, or 1.1 percent, to ...