While Hong Kong and Tokyo often remain busy well into year end – the $21 billion Tokyo IPO of SoftBank’s Japanese telecoms business is due to debut on December 19 – New York traditionally ... ( read original story ...)
Nikkei ends at three-week low after Ghosn arrest shocks market, Nasdaq fall drags tech stocks
TOKYO (Reuters) - Japan’s Nikkei fell to a three-week low on Tuesday as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest a... ( read original story ...)
Ghosn not currently fit to lead Renault, says French finance minister
PARIS (Reuters) - Carlos Ghosn is no longer fit to lead Renault (:RENA.PA) following his arrest in Japan, said the finance minister of France, which holds a key shareholding in Renault. "Carlos Ghosn ... ( read original story ...)
Japan finance minister Aso says to compile second extra budget for FY2018
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he would compile a second extra budget to respond to urgent needs including disaster relief in the current fiscal year, following i... ( read original story ...)
Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks
TOKYO (Reuters) - Japan’s Nikkei fell on Tuesday morning as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest and dismissal ... ( read original story ...)
The Chairman of Nissan Has Been Arrested in Tokyo. Here’s Why.
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 ...)