Japanese Scandal Could Involve Abe, Roil Markets (EWJ)
Japanese Scandal Could Involve Abe, Roil Markets (EWJ)
13 March, 2018, 10:49
Japan's Finance Ministry falsified documents linked to the controversial sale of public land to an ultra-nationalistic school at which Prime Minister Shinzo Abe's wife Akie was honorary principal, a government insider said Monday.
Japan's Nikkeishare average rose to a 1.5 week high on Monday helped by tech shares, but early gains were trimmed as a suspected cronyism scandal dampened sentiment.
"The Cabinet won't resign en masse". "Now the USA is back to goldilocks at least for now, the tariffs are less severe, and Kim and Trump are to meet", said Shane Oliver, Sydney-based chief economist at AMP.
Aso is vital to the stability of his administration and key to his bid for a third term as LDP president in a September party election, which would pave the way for him to be Japan's longest-serving prime minister. "Let's put an end to moves that submit politics to private interests".
A finance ministry official said that 14 items had been altered in the documents after February previous year - when the scandal broke - at the instruction of the ministry's financial division to match testimony in parliament.
Until now... because as the Japanese press reported over the weekend, the Moritomo scandal involving PM Abe's connections with the operators of the right-leaning school implicated in fraud are again roiling markets in Japan. A reference to Nippon Kaigi, a prominent right-wing group of which Abe is a member, was also deleted.
Although market reaction to the Abe scandal has so far been limited, market players say more signs of trouble for the government will likely dent expectations that he will win his third term as the head of the ruling party and thus prime minister later this year and continue his aggressive stimulus.
BidaskClub Upgrades Tesla (NASDAQ:TSLA) to "Hold"
BidaskClub raised Tesla from a "strong sell" rating to a "sell" rating in a research note on Tuesday, December 12th. Zacks Investment Research lowered Tesla from a hold rating to a sell rating in a report on Saturday, January 20th.
Opposition parties have called for Aso, who doubles as deputy premier and is key to Abe's re-election hopes, to resign.
The report also showed that Finance Ministry officials had removed the names of several Liberal Democratic lawmakers from the land sale documents.
"It has become clear that there was a cover-up and falsification", opposition Democratic Party leader Yuichiro Tamaki told reporters.
"At the very least, it seems that Aso's chances of surviving as finance minister are diminishing rapidly", wrote Tobias Harris, vice-president of consultancy Teneo Intelligence, in an email.
National Tax Agency chief Nobuhisa Sagawa, who was formally responsible for the land sale, was forced toÂ quit on Friday amid growing criticism for allegedly making false parliamentary remarks on the matter. "It is inconceivable that the bureaucrats on the spot had such authority (to alter the documents)", said LDP lawmaker Shigeru Ishiba, who has made no secret of his desire to challenge Mr Abe in the party race.
The conservative Yomiuri newspaper and public broadcaster NHK both reported declines in support ratings for Abe's Cabinet in polls released Monday.
Asked how he felt being in contention for a first victory in nearly five years, Woods added: "It felt very comfortable ". I wasn't as sharp as I wanted to be. "It was one of those days I kept getting a half-club".
Green's hoop capped an 11-point, 12-rebound, 10-assist triple-double. "You can't beat the Warriors if you're playing 2 versus 3". Golden State plays on Friday against the Blazers, who now sit third in the West.
Prime Minister May defended the two countries' defence ties on Wednesday, saying all arms sales were strictly regulated. Yemeni doctors treat a child injured by a Saudi airstrike on the northern Yemeni city of Sa'ada on March 7, 2018.
That was a positive, as was Mesut Ozil's record for becoming the fastest player in Premier League history to reach 50 assists. It was the first time in 16 attempts that Cech saved a penalty since moving to Arsenal from Chelsea.
My stupid answer was, 'We are winning, but I'm not happy because I'm not enjoying the role the coach made a decision to give me'. But I repeat, I don't like to speak to the press what happens with one player, with two players, with the team".
Passive Euthanasia is the act of helping a terminally ill person in an indirect manner to speed up his inevitable death. Bhushan said that the apex court verdict "cleared the air on passive euthanasia and living will ".
The expectant Keeping Up with the Kardashians cast member is well into her eighth month of pregnancy , and glowing in every photo. Clearly this baby is already hooking up endorsement deals! "I will be sharing more photos over the weekend", Khloé tweeted .
The right-hander was among several top free agents who didn't get a deal for six or seven years in a changing offseason market. The Phillies were always interested in Arrieta, but the organization was firm in its desire to avoid a long-term contract.
Morales-Luna denies being part of a smuggling organization and "has no idea what they're talking about", Moreno said. In the video you can hear sounds of her three young daughters, all USA citizens screaming as she was taken away.
Coming to the camera department, the rear camera gives importance to the depth sensing rather than the image processing. Talking about the specifications , the Honor 7C sports a 5.99-inch TFT LCD IPS display with an aspect ratio of 18:9.
Last moments on board the helicopter before it crashed
The death toll from the helicopter crash in the East River in New York City has risen to five, local officials said on Monday. Brian McDaniel , a fire rescue officer who lived in Dallas, was in New York City visiting his friend Trevor Cadigan .
Macron and Modi kick-start International Solar Alliance
India's Prime Minister Narendra Modi said advanced and affordable technology is needed to deliver solar energy around the world. Of the 121 countries associated with ISA, 61 have joined the alliance and 32 have ratified the framework agreement.
Erdogan Slams NATO For Lack Of Support In Syria
On Jan. 20, Turkey launched Operation Olive Branch to clear YPG/PKK and Daesh terrorists from Afrin, northwestern Syria. AP reported that Turkish President Recep Tayyip Erdogan said on Saturday: "Hey NATO, where are you?".
Massive fire erupts at a chemical plant in India
They were later identified as Pintu Gautam, Janu Agaria, and Aloknath Agaria, all aged 30 and residents of Shiv Nagar in Boisar. Locals claim at least 22 tankers, of varying capacity between 100-200 liters, burst due to the fire in all the factories.
Toys R' Us Considering Liquidation
Bloomberg reported on Thursday that Toys "R" Us is making preparations for a liquidation of its bankrupt USA operations. While last year's bankruptcy filing only applied to the company's US operations, it is struggling overseas as well.