News Headlines - 08 April 2016
The FBI paid for the tool it used to break into a dead terrorist’s iPhone and is considering whether to tell Apple Inc how it was done, FBI Director James Comey said.
Comey also said that the hacking tool doesn’t work on recent models of the iPhone.
▽David Cameron had stake in father's offshore fund - BBC News
David Cameron has said he and his wife Samantha owned shares in an offshore fund set up by his late father, before selling them for ￡30,000 in 2010.
▽For Japan, Panama Papers are tool to skewer China
The names of major public figures in Japan have been conspicuously absent from documents — the Panama Papers — related to a growing international tax haven scandal, but that doesn’t mean the issue is being ignored in the world’s third-largest economy.
▽7-Eleven CEO Resigns as Loeb’s Hedge Fund Prevails in Japan Boardroom Fight - WSJ
The resignation of Toshifumi Suzuki, chairman and chief executive of 7-Eleven’s parent company, Seven & i Holdings Co., is a milestone for the budding activist-shareholder movement in Japan and a potential harbinger for Japanese executives who had until recently been sheltered from agitating investors.
▽Japan's economic plan 'backfiring' as yen surges | The Guardian
Although it recovered slightly in Asian trading on Friday, the US dollar fell below 108 yen for the first time in 17 months on Thursday with investors betting that Japan would refrain from intervention. The yen has risen 12% against the greenback this year.
