They had given the victim the number on his SIM card to convince him that they were genuine.

Tokyo. The world’s biggest pension fund posted a record loss after a global equity rout last quarter pummeled an asset class that made up about half of its investments. Japan’s Government Pension Investment Fund lost 9.1 per cent, or 14.8 trillion yen ($136 billion), in the three months ended Dec. 31, it said in Tokyo […]

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