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Japan ‘cannot do without’ N-power: Abe

Tokyo / AFP Prime Minister Shinzo Abe on Thursday said Japan “cannot do without” nuclear power, speaking on the eve of the fifth anniversary of the devastating Fukushima disaster. On March 11, 2011, a magnitude 9.0 undersea earthquake off Japan’s northeastern coast sparked a massive tsunami that swept ashore leaving about 18,500 people dead or missing. The wall of water ...

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Bangladesh loses US$100mn to Chinese hackers

DHAKA / AFP The Bangladesh central bank says it is working to recover some $100 million allegedly stolen by Chinese hackers from an account at the Federal Reserve Bank of New York. Authorities have given few details about how the money disappeared. But Finance Minister A.M.A. Muhith says authorities are considering suing the U.S. bank over the money’s apparent transfer ...

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Infosys founders sell shares to raise $129mn

New Delhi / Bloomberg Infosys Ltd., India’s second-lagest software exporter, dropped the most in almost two weeks after two of its founders and others sold shares for “personal reasons” and philanthropy. S. Gopalakrishnan sold 5 million shares in the open market, while S.D. Shibulal and his family members sold 2.5 million shares at an average price of 1,149.45 apiece, helping ...

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