2018.10.03

News Headlines - 03 October 2018

Abe picks 12 new members, one woman, in Cabinet reshuffle:The Asahi Shimbun

Prime Minister Shinzo Abe on Oct. 2 rewarded supportive party factions in his largest-ever Cabinet reshuffle but appointed only one woman and one member of the ruling coalition partner.
Twelve new ministers were included in the new administration.

FSA to issue partial business suspension order to Suruga Bank:The Asahi Shimbun

The Financial Services Agency (FSA) decided to issue a partial business suspension order to Suruga Bank over its systemic practice of falsifying documents for improper lending in a “share house” investment scheme.
The order, which could come as early as this week, will prohibit the bank from extending new loans to investors in real estate for a certain period. The FSA will also issue a business improvement order to the bank, based in Numazu, Shizuoka Prefecture.

Rising Sun flag puts Korean, Japanese navies on collision course | South China Morning Post

South Korea and Japan are on a collision course over an upcoming international naval forces event at which a Japanese warship is to fly the controversial Rising Sun flag, which is seen by many across Asia as a painful reminder of the nation’s imperial past.
South Korea is to host the International Fleet Review over four days from October 10 at Jeju Island, with warships from 15 nations, including China and the United States in addition to Japan, taking part.

UN court rejects Bolivia's bid for sea access via Chile

he International Court of Justice on Monday rejected a bid by landlocked Bolivia to force Chile to the negotiating table for access to the Pacific Ocean in a row dating back to the 19th century.
Bolivia lost its route to the sea in a 1879-1883 war with Chile, and Santiago has rejected every attempt since then by its smaller and poorer neighbour to win it back.

Indonesia earthquake death toll rises to 1,234 after dozens of students found dead in church | The Independent

Indonesia’s death toll from the earthquake and tsunami which struck on Friday has risen to 1,234, according to officials.
The figures come after the bodies of 34 students were found in a destroyed church which was hit by a landslide during a bible camp in the mountainous Sigi Biromaru region.
The Indonesian government has begun mass burials for victims – most found in the city of Palu.


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