TOKYO: Japan’s fair trade watchdog has warned 15 luxury hotels in Tokyo that their sharing of information on occupancy rates and prices could violate anti-monopoly laws. Hotel prices around the country have soared in recent months as record numbers of foreign tourists have flocked to Japan amid labour shortages and…

A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars Tom Brady, Stephen Curry and Shohei Ohtani liable for promoting the collapsed cryptocurrency exchange FTX.The investors said the defendants ignored “red flags” and hid millions of dollars of payments to promote FTX as “brand ambassadors,” as part of a civil conspiracy with Sam Bankman-Fried’s exchange to defraud them into becoming customers.In a 49-page decision on…

Singapore

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BEIJING: China on Friday (May 9) said sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival. Trade between the world’s two largest economies has nearly skidded to a halt since US President Donald Trump imposed…

Business

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NEW YORK : Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump’s trade war with the rest of the world is easing. By midday, bitcoin…

Lifestyle

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