Nathan's Feed
Dec 18, 2013

Melco bets on Japanese culture as casino debate heats up

TOKYO/HONG KONG (Reuters) – Casino operator Melco Crown Entertainment Ltd on Wednesday said it had pledged $10 million for cultural projects in Japan, a signal of its commitment to the country as lawmakers take steps to legalize casino gambling.

Melco is one of several global casino operators including Las Vegas Sands lobbying for a position in the Japanese market, seen as the next big Asian gaming opportunity after the spectacular rise of Macau.

Dec 5, 2013

Japan regulator sanctions Deutsche Securities, employee detained on suspected bribery

TOKYO (Reuters) – Japan’s securities regulator sanctioned the domestic investment banking unit of Deutsche Bank on Thursday and one of its employees was arrested for lavishly entertaining pension fund clients, an act considered bribery under the law.

The moves mark the latest crackdown by Japanese authorities on pension fund executives who are subject to the same anti-bribery laws as government employees because part of the money they manage is invested in the national pension scheme.

Dec 5, 2013

Tokyo police arrest Deutsche Sec employee, client on suspected bribery

TOKYO, Dec 5 (Reuters) – Tokyo police on Thursday arrested a
Deutsche Securities employee and a former Japanese client of the
brokerage for suspected bribery after the Deutsche official
allegedly spent thousands of dollars to entertain him.

The Tokyo Metropolitan Police said it had detained
Deutsche’s Shigeru Echigo, 36, and 60-year-old Yutaka Tsurisawa,
a former official at a corporate pension fund affiliated with
Mitsui & Co.

Nov 27, 2013

Hot springs are passe: Japan’s tourist towns covet casinos

OTARU/SASEBO, Japan (Reuters) – Ageing and shrinking, Japan’s country towns want to gamble away their economic and demographic woes.

With lawmakers planning to submit legislation soon to open Japan to casino gambling, likely in time for the 2020 Olympics, several small cities, hot spring towns and tourist destinations are pushing to get one of the coveted licenses.

Nov 22, 2013

Please can we have our bells back? Philippine town asks U.S.

BALANGIGA, Philippines (Reuters) – In the devastated coastal Philippine town of Balangiga, a Roman Catholic belfry with a maroon steeple rises from the rubble, a battered symbol of resistance for a people with mixed feelings about the U.S. military now helping them survive.

After one of the world’s most powerful typhoons roared across the central Philippines and killed more than 4,000 people, U.S. military helicopters are flying in aid to desperate regions such as this once-picturesque fishing village of 12,600 people in ravaged Samar province.

Nov 22, 2013

Please can we have our bells back? ravaged Philippine town asks U.S.

BALANGIGA, Philippines (Reuters) – In the devastated coastal Philippine town of Balangiga, a Roman Catholic belfry with a maroon steeple rises from the rubble, a battered symbol of resistance for a people with mixed feelings about the U.S. military now helping them survive.

After one of the world’s most powerful typhoons roared across the central Philippines and killed more than 4,000 people, U.S. military helicopters are flying in aid to desperate regions such as this once-picturesque fishing village of 12,600 people in ravaged Samar province.

Nov 22, 2013

Please can we have our bells back? Typhoon-wrecked Philippine town asks U.S.

BALANGIGA, Philippines, Nov 22 (Reuters) – In the devastated
coastal Philippine town of Balangiga, a Roman Catholic belfry
with a maroon steeple rises from the rubble, a battered symbol
of resistance for a people with mixed feelings about the U.S.
military now helping them survive.

After one of the world’s most powerful typhoons roared
across the central Philippines and killed more than 4,000
people, U.S. military helicopters are flying in aid to desperate
regions such as this once-picturesque fishing village of 12,600
people in ravaged Samar province.

Nov 21, 2013

Please can we have our bells back? Philippine quake town asks U.S

BALANGIGA, Philippines (Reuters) – In the devastated coastal Philippine town of Balangiga, a Roman Catholic belfry with a maroon steeple rises from the rubble, a battered symbol of resistance for a people with mixed feelings about the U.S. military now helping them survive.

After one of the world’s most powerful typhoons roared across the central Philippines and killed more than 4,000 people, U.S. military helicopters are flying in aid to desperate regions such as this once-picturesque fishing village of 12,600 people in ravaged Samar province.

Nov 21, 2013

Philippine orphans fled from room to room to escape sea surge

PALO, Philippines (Reuters) – Officials at an orphanage in the Philippines say they feel blessed that not one child was harmed by one of the biggest typhoons the world has known, even though it reduced most surrounding structures to rubble.

Dolores Baculanta, 49, said she was getting ready to bathe the children, of pre-school age, when she heard cries for help from the nursery in the coastal town of Palo. The roof was buckling under strong winds, with 12 toddlers inside.

Nov 19, 2013

Jail breakout? Philippine typhoon zone criminals swim out

TACLOBAN, Philippines (Reuters) – It’s 103 and counting – that’s the number of prisoners on the loose after escaping Tacloban City Jail when a super typhoon devastated the central Philippines, flooded the prison and smashed open the main gate.

The prisoners had been freed from their cells so that they could seek higher ground, but while some rode the water to the safety of the warden’s second floor office, others followed the water out the front door.