MMC mileage scandal widens as U.S. auto safety regulator seeks data

Apr 22, 2016

MMC mileage scandal widens as U.S. auto safety regulator seeks data

Mitsubishi Motors Corp.’s fuel economy scandal broadened Friday as U.S. auto safety authorities said they are seeking information and after reports that the automaker submitted misleading data on at least one more model than disclosed and likely several more. Japan’s sixth-largest automaker admitted this ...

Brazil's lower house gives green light to Rousseff impeachment

Apr 18, 2016

Brazil's lower house gives green light to Rousseff impeachment

Brazilian lawmakers on Sunday authorized impeachment proceedings against President Dilma Rousseff in a rowdy, circus-like showdown that plunged Latin America’s biggest country into profound political crisis. Opposition deputies in the lower house of Congress needed 342 of the 513 votes, or a two-thirds majority, ...

Apr 16, 2016

Nearly 3,500 Toshiba workers apply for early retirement

Scandal-hit Toshiba Corp. said it has received applications from 3,449 workers, or 3 percent of its domestic workforce, for an early retirement program between January and March. As part of its restructuring efforts following an accounting scandal, the ailing electronics and machinery maker sought ...

Panama Papers reveal Hong Kong's murky financial underbelly

Apr 15, 2016

Panama Papers reveal Hong Kong's murky financial underbelly

Jasmine Li was still a student when she opened her first offshore bank account through Mossack Fonseca Hong Kong, but the shady world she entered that day had been part of the city’s underbelly for decades. The granddaughter of China’s then fourth-ranked politician was ...

Apr 12, 2016

Electile dysfunction: South Korea probes penis-pills-for-votes claim

Elderly men in South Korea have allegedly been given erectile dysfunction drugs to buy their votes in legislative elections, prosecutors said Tuesday, announcing an investigation into the suspected breach. South Koreans go to the polls on Wednesday in an election already overshadowed by North ...