May 12, Friday, 2023

1. A Japanese expert says strong earthquakes and tsunami could strike the Noto Peninsula on the Sea of Japan coast due to migration of fluids trapped underground. As of 4 p.m. on Friday, swarm quakes registering one or higher on the Japanese scale had hit the region 95 times since about a week ago. 2. Research by a brokerage firm indicates that many of Japan’s listed companies enjoyed robust financial results during the last fiscal year. Fifty-seven percent of the firms saw an increase in net profit for the fiscal year that ended in March.
3. A meeting scheduled for Friday between US President Joe Biden and congressional leaders over the federal government’s debt ceiling has been postponed to next week.