But Japan has, in recent years, dealt with a number of high-profile ... But life remained tough for Toshiba and its US nuclear business Westinghouse was forced to file for bankruptcy protection last y... ( 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 ...)
Shock in Japan as Nissan’s Ghosn held in financial probe
Saikawa, in a 90-minute news conference late Monday ... in which it admitted altering the results of emission and fuel economy tests on vehicles sold in Japan. A press release by the prosecutor's offi... ( read original story ...)
Fashion World Tokyo – a wide range of elements, from fashion sourcing to brands exhibits since its first launch
consisting 5 fairs themed categories of fashion items and FASHION WORLD TOKYO - FACTORY, a gathering of popular fashion garments/textiles companies and fashion sourcing manufacturers. The on-site meet... ( read original story ...)
How bad is the traffic Saturday afternoon-Narita to Shibuya? – Tokyo Forum
If you're flying first/business class you might just make it, though. As Sammy said, take the train if time is of essence. My last few arrivals in NRT, the wait at immigration was at least 20-25 minut... ( read original story ...)
Nissan (NSANY) Boss Arrested in Tokyo
has been accused of “numerous and significant” acts of business misconduct. Reportedly, Ghosn misrepresented Nissan’s financial assets to the Tokyo Stock Exchange, as well as additional ... ( 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’s exports rebound in October even as trade tensions rise(Update)
TOKYO: Japan's exports rebounded in the year to October, reversing from the prior month's surprise drop as U.S.-bound car shipments grew, although slowing global demand and the intensifying U.S.-China ... ( 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 ...)
Korea-Japan business exchanges hit by worsening ties
Business ties between Korea and Japan have been deteriorating because of Tokyo's hostile attitude toward a recent Supreme Court ruling here on forced labor during the colonial occupation, industry off... ( read original story ...)
YOKOHAMA, Japan | Nissan chair Ghosn arrested in probe of financial misconduct
YOKOHAMA, Japan— Nissan Motor’s chairman Carlos Ghosn has ... apologizing for a full 7 minutes at the outset of the news conference. “I want to minimize the bewilderment and the impact on the operatio... ( read original story ...)
TOKYO | The Latest: French state wants to keep Renault-Nissan stable
The Tokyo District Prosecutors’ Office did not respond to the ... The company’s shares fell 14 percent by late morning in European trading, to 55.61 euros. The news of Ghosn’s problems surfaced after ... ( 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 ...)