Bloomberg Business

Two Dead in Shooting at Japan Military Training Facility

A Japanese self-defense force trainee was arrested for allegedly opening fire on other soldiers at a shooting range and killing two of them, local media reported, in a country that rarely sees gun violence.

Biggest Losers of AI Boom Are Knowledge Workers, McKinsey Says

The worldwide boom in generative artificial intelligence will usher in an age of accelerated productivity and greater prosperity for some — and profound disruption for others, primarily knowledge workers, according to a new report by consultants McKinsey & Co.

Kazakh Banks Get Their Way by Foiling Bid to Cut Loan Rates

A major Kazakh financial lobby group thwarted an effort to set a much lower cap on unsecured loans popular with the vast majority of the workforce, according to people familiar with the matter, all but undoing one of the signature initiatives in the country after last year’s deadly riots.

Japan PM Mulls Election If No-Confidence Motion Filed, FNN Says

Japanese Prime Minister Fumio Kishida is considering calling an early election if the opposition submits a no-confidence motion to parliament Friday, broadcaster FNN said, citing sources close to the government and ruling parties.

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