Yakuza-Lending Surge Feared in Japan

Aug. 8 (Bloomberg) -- Victims of loan sharks in Japan and consumer advocacy groups say a possible revision of a law which cracked down on predatory lending may lead to a new surge of suicides and bankruptcies among borrowers. Lawmakers who say the legislation went too far in cutting credit to small businesses in a stagnant economy want to ease restrictions. That’s sparking debate between the two sides. Bloomberg's Scilla Alecci reports from Tokyo. (Source: Bloomberg)

Exploring the World Through Panoramic Photos
04:24 - If a picture is worth a thousand words, then a panorama must be worth a million. That's the thinking of San Francisco-based TeliportMe, the startup behind the smartphone app Panorama-360. In an interview with Globalive Chairman Anthony Lacavera, the company’s CEO Vineet Devaiah discusses TeliportMe’s expansion plans. (Source: Bloomberg)
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