JAPAN

Asian Markets Continue Fall

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Asian shares fell for a third day in a row Wednesday as investors grew more risk-averse, with renewed uncertainty over Greece's bailout and mounting worries about slowing global economies overshadowing support provided by ample liquidity.
LulzSec

FBI Arrest 3 Suspected LulzSec Hackers: Source

The Federal Bureau of Investigation has arrested three suspected members of the hacker group LulzSec and charges will be made public against two more, a law enforcement official told Reuters on Tuesday.
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Patent filings at record high, China UP 33%: WIPO

International filings for patent protection, a key indicator of technological innovation in major economies, hit an all-time record last year driven by growth in China and other middle- income countries, a United Nations agency said on Monday.
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Mazda Seeks to Raise $1.67B In Share Offering

Mazda Motor Corp. set the price of an approximately $1.67 billion share offering at a discounted ¥124 per share, roughly $1.53, on Monday in the hopes that the money raised can help fund a return to profitableness for the struggling Japanese car manufacturer.
Republicans Slam Obama Despite Positive February Jobs Report

Obama Is Growing a Spine -- Or Not

When folks think about President Barack Obama, two specific adjectives flash across millions of American minds: foreign-born and duplicitous. He also reads teleprompters very well.
China npc

China Cuts 2012 GDP Target to 7.5%, an 8-Year-Low

China lowered its economic growth target to an eight-year-low of 7.5 percent from an 8 percent goal in place since 2005, a signal that the country's leaders are determined to scale back the reliance on external demand and foreign capital, in favor of domestic consumption.
SpeechJammer

Japanese Develops Shut Up Speech Jamming Gun: 5 Different Ways it Can be Used

Well, what do we have here? Regularly we come across people who talks a little bit too much, but there is no way to shut them up unless verbal or physical confrontation is used. It now seems an easier way to solve this problem is just right over the horizon, made possible in the land of the rising sun, Japan.
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Shareholders to sue Tepco executives for $67 billion

Shareholders of Tokyo Electric Power Co Inc, operator of the crippled Fukushima nuclear plant in northeast Japan, are suing the utility's executives for a record 5.5 trillion yen ($67.4 billion) in compensation, lawyers said.
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Exclusive: India MRPL plans cut in Iran oil imports: sources

Iran's biggest Indian oil client, Mangalore Refinery and Petrochemicals Ltd , plans to cut its annual import deal with Tehran by as much as 44 percent to 80,000 barrels per day in 2012/13, two sources said, as western sanctions make trade more difficult.
Israeli Model

Middle East Tidbits: $10 Billion Sex Drugs, Anorexic Model Bill, Rise in Marriageable Age

Nearly 12 percent of Saudi Arabia's 20 million men are believed to be suffering from impotence and 80 percent of these cases are associated with psychological problems. Speaker of an Israeli legislative body is seeking to pass a bill which outlaws the use of images of extremely underweight models in Israeli media, reports said. Top Israeli model and actress Bar Refaeli has sued Suny Electronics Ltd., the authorized Israeli importer of Samsung mobile phones, for about $1.2 million in breach of...

Can Auto Subsidy Boost Japan’s GDP?

The reintroduction of the government subsidy in Japan on fuel-efficient vehicles, which propelled a big increase in retail spending and industrial production in January, will generate negligible benefit to the economy of the country, according to a report.
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Nikkei Likely to Test 9,800

Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.
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Nomura, George Soros cut stakes in Taiwan bank

Nomura Holdings and billionaire investor George Soros have cut their stakes in Taishin Financial to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.
The European Central Bank (ECB) President Mario Draghi

Greek Bailout, U.S. Nonfarm Payrolls Highlight Economic Tape Next Week

The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.

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