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 ...)
YOKOHAMA, Japan | Nissan chair Ghosn dismissed, held on misconduct charges
YOKOHAMA, Japan — Nissan Motor Co.’s high-flying chairman ... 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 stocks close 0.65 percent up
A woman looks up before a stock market indicator board in Tokyo, Japan, Nov. 13, 2018. EPA-EFE/FILE/FRANCK ROBICHON The Tokyo Stock Exchange's benchmark Nikkei index on Monday rose 140.82 points or 0. ... ( read original story ...)
Tokyo stocks close higher with improved sentiment
Tokyo stocks closed higher on Monday as investors refocused on sound corporate earnings, helped by optimism about trade, and bought back tech shares after a sharp fall late last week. The ... ( read original story ...)
Real estate investment: How to get a property in Japan
If you are currently thinking of purchasing a property, wait a second and hear me out first! Buying a property in your country isn`t a bit pricey? This article is mainly aimed to Taiwanese/ Hong Kong ... ( 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 ...)