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Car owned by Finance Ministry involved in suspected hit-and-run death

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2 years ago

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Car owned by Finance Ministry involved in suspected hit-and-run death

A car owned by the Finance Ministry fatally hit a pedestrian on a road near the Diet building in Tokyo on Thursday before overturning while driving away from the site, police said.

The police arrested Nobuhide Nohata, 55, who drove the car, at the site, also near the prime minister’s office. He works for a company commissioned by the ministry, according to the police.

The 67-year-old pedestrian was confirmed dead after being taken to a hospital, said the police. He was struck by the car at around 5:40 p.m. while walking on a pedestrian crossing.

The vehicle continued to drive for several hundred meters before colliding with a car waiting at an intersection, they said. It then made a right turn and overturned, with part of its body resting on a sidewalk.

Photo taken on June 20, 2024, shows an overturned car near the parliament building in Tokyo. (Kyodo)

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“When I tried to turn right at the intersection, I was rear-ended,” a man who was driving the car that was hit said. “When I got out, I saw the vehicle overturned. I was left upset by what happened in a split second.”

 

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3 stocks to watch in 2026

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13 hours ago

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January 4, 2026

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3 stocks to watch in 2026
Looking to add some new stocks to your portfolio? Gibbens Capital president and chief investment officer Mark Gibbens has three suggestions. Find out what they are in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination.
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Finance

Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

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1 day ago

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January 4, 2026

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Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year.

Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in fuelling the growth of frontier mainland Chinese tech firms with the city’s funding and liquidity.

“We welcome these enterprises to list and raise capital in Hong Kong and also encourage them to settle in the city to establish research and development (R&D) centres, transform their research outcomes, and set up advanced manufacturing facilities,” Chan said on his weekly blog.

“We support them in establishing regional or international headquarters in Hong Kong to reach international markets and strategically expand across Southeast Asia and the globe.”

The Hang Seng Index kicked off 2026 with a bang, surging over 700 points – a 2.8 per cent jump that marked its strongest opening since 2013.

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Innovation and technology giants spearheaded the rally, with the Hang Seng Tech Index soaring 4 per cent as investor appetite for AI-related stocks reached a fever pitch.

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