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Japan inflation slows to 3.1% in February
Japan inflation slows to 3.1% in February
Business and Economy
by  AFP

Japan's consumer prices rose 3.1 percent in February from a year earlier, slowing from the four-decade highs seen in previous months, government data showed Friday. The 3.1 percent rise is above the Bank of Japan's longstanding two-percent target, which has been surpassed every month since April last year.

US state to require parental consent for social media
US state to require parental consent for social media
Business and Economy
by  AFP

Utah on Thursday became the first US state to require social media sites to get parental consent for accounts used by under-18s, placing the burden on platforms like Instagram and TikTok to verify the age of their users. Platforms including Instagram and TikTok have introduced more controls for parents, such as messaging limits and time caps.

US charges Korean Crypto fugitive after reported arrest in Montenegro
US charges Korean Crypto fugitive after reported arrest in Montenegro
Business and Economy
by  AFP

Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro and faces fresh criminal charges in the United States. Kwon is accused of "orchestrating a multi-billion-dollar crypto asset securities fraud", according to the US Securities and Exchange Commission.

Montenegro says it has arrested Korean Crypto fugitive Do Kwon
Montenegro says it has arrested Korean Crypto fugitive Do Kwon
Business and Economy
by  AFP

A man suspected of being fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro, the interior minister said Thursday. Kwon is accused of "orchestrating a multi-billion-dollar crypto asset securities fraud", according to the US Securities and Exchange Commission.