Choice of new CEO key as Nissan seeks to escape turmoil

Business / Corporate Sep 15, 2019

Choice of new CEO key as Nissan seeks to escape turmoil

With Nissan Motor Co. CEO Hiroto Saikawa stepping down on Monday, the focal point will be on whether the automaker can swiftly escape from confusion over corporate governance under a new top management. Saikawa is slated to resign to take responsibility for revelations that he ...

Regulatory problems have choked China's P2P lending industry

Business Sep 6, 2019

Regulatory problems have choked China's P2P lending industry

Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country's economy. The resulting difficulties, as the industry tries to grapple with pyramid-scheme scandals ...