Nissan Motor Co. will remove Carlos Ghosn as chairman after he was arrested in Tokyo for violations of financial law, throwing the auto industry’s largest global alliance into turmoil. ( read original story ...)
Japan and South Korea to resume Iran oil imports in January
TOKYO/SEOUL (Reuters) -- Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the ... ( read original story ...)
Bank of Japan chief warns country’s struggling financial institutions not to engage in excessive risk taking
Bank of Japan Governor Haruhiko Kuroda on Monday warned against unbridled risk taking by financial institutions that are struggling to maintain profit margins as the country’s population shrinks. Regi... ( read original story ...)
Regional banks’ profit woes could damage financial system, Japan’s central banker warns
Bank of Japan Gov. Haruhiko Kuroda warned Monday that declining profits at regional banks could hurt the economy by potentially destabilizing the financial system. Regional banks’ core profitability h... ( read original story ...)
Ghosn Arrested After Icon Is Probed for Financial Violations
Ghosn voluntarily went with Tokyo prosecutors, Asahi reported ... A spokesman for the France’s finance ministry declined to comment on the report. The country owns about 15 percent of Renault and supp... ( read original story ...)
Nissan moving to fire Ghosn for financial misconduct
TOKYO (Reuters) - Nissan Motor Co Ltd said on Monday it was moving to terminate Carlos Ghosn from his chairman's post after finding that he had used company money for personal use and committ... ( read original story ...)
Nissan’s Ghosn to be arrested by Japan authorities for alleged financial violations: Asahi
Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged violation of Japan’s financial instruments and exchange act, the Asahi newspaper reported on Monday on its website. The newspaper ... ( read original story ...)
Nissan to fire titan of car industry Carlos Ghosn over serious financial misconduct allegations
TOKYO — Nissan Motor Co Ltd said it planned to oust Chairman Carlos Ghosn after alleging he had used company money for personal use and committed other serious acts of misconduct. Japanese media ... ( read original story ...)
Nissan chief Ghosn arrested over financial misconduct: reports
"The Tokyo District Public Prosecutor's Office arrested Nissan chairman Ghosn on suspicion of violation of the Financial Instruments and Exchange Act," NHK said. In a statement, Nissan said it had bee... ( read original story ...)
Nissan to fire Ghosn over financial misconduct allegations
TOKYO (Reuters) - Nissan Motor Co Ltd said it planned to oust Chairman Carlos Ghosn after alleging he had used company money for personal use and committed other serious acts of ... ( read original story ...)
Nissan moves to dismiss chairman Ghosn for serious financial misconduct
TOKYO — Nissan Motors said Monday it was moving to dismiss chairman Carlos Ghosn after uncovering “significant acts of misconduct,” including underreporting his own salary. Ghosn is considered one of ... ( read original story ...)
Nissan’s Ghosn to be arrested in Japan for alleged financial violations – Asahi
TOKYO (Reuters) - Nissan Motor Co Ltd Carlos Ghosn is to be arrested by Tokyo prosecutors for alleged financial violations in Japan, the Asahi newspaper reported on Monday. The newspaper reported on i... ( read original story ...)
Reports say Nissan’s Ghosn questioned over financial reports
TOKYO -- Nissan Motor Co. said Monday that it will dismiss its chairman, Brazilian-born Carlos Ghosn after finding that he under-reported his income "over many years," among other allegations of misco... ( read original story ...)
Nikkei rises as chip-related stocks, SoftBank recover; financials tumble
TOKYO, Nov 19 (Reuters) - Japan’s Nikkei share average rebounded on Monday after investors covered their short positions on chip-related stocks, offsetting a drop in financials that were hurt by lower ... ( read original story ...)
Nikkei rebounds after chip-related stocks bought back; financials tumble
TOKYO, Nov 19 (Reuters) - Japan’s Nikkei share average rebounded on Monday morning after investors covered their short positions on chip-related stocks, offsetting a drop in financials which ... ( read original story ...)
Japan logs goods trade deficit in Oct. as energy imports surge
TOKYO (Kyodo) -- Japan posted a goods trade deficit in October as rising energy costs led imports to rise at the fastest pace in nearly five years, government data showed Monday. The country's ... ( read original story ...)