Business / Corporate Feb 29, 2020
Nissan slapped with ¥2.4 billion fine over Ghosn compensation scandal
The fine is the second-highest imposed by the Financial Services Agency after the ¥7.37 billion fine on Toshiba Corp. in 2015.
Asia Pacific / Politics Feb 3, 2020
Australian leader Scott Morrison to feel the political heat as parliament resumes
Australia's Prime Minister Scott Morrison will on Tuesday front parliament for the first time in three months as he seeks to repair his standing with voters angry by his response to the country's bush fire crisis and a scandal over sports funding. Morrison secured re-election ...
National / Crime & Legal Jan 24, 2020
Lebanon and Japan begin 40-day countdown to decide where Ghosn will stand trial, sources say
Lebanon and Japan have about 40 days to decide whether ousted Nissan-Renault-Mitsubishi boss Carlos Ghosn will be extradited to Japan or stand trial in Lebanon, a judicial source and a source close to Ghosn said on Thursday. Ghosn fled to Lebanon, his childhood home, just ...
National / Politics Jan 18, 2020
Six Japanese government officials reprimanded over cherry blossom party records
The Cabinet Office said Friday that it has verbally reprimanded six current and former personnel division heads for failing to properly manage records on controversial cherry blossom-viewing parties hosted by the prime minister. Prime Minister Shinzo Abe's administration apparently hopes that the punishment by the ...
National / Crime & Legal Jan 18, 2020
Ghosn timed Japan escape to take advantage of holiday season, report says
Former Nissan Motor Co. Chairman Carlos Ghosn said in an interview in Beirut that he intentionally timed his escape from Japan to coincide with year-end holidays in late December, Spanish daily El Pais reported Friday. Asked why he chose to flee to Lebanon during that ...
Business / Corporate Jan 16, 2020
Nissan considers scrapping advisory roles for former executives
Nissan Motor Co. may stop placing former executives in advisory posts as part of an overhaul to its corporate governance practices following the ousting of former Chairman Carlos Ghosn, sources said Wednesday. The possible abolition of the komon adviser and sōdanyaku consultant posts is aimed ...
Commentary / Japan Jan 15, 2020
What's next for Ghosn following his flight to Lebanon?
by Bruce Aronson
The incident leaves lingering questions and contending perceptions that have yet to be addressed.
National / Crime & Legal Jan 13, 2020
Lawmaker Tsukasa Akimoto faces fresh arrest warrant over casino bribery allegations
Prosecutors are expected to serve a fresh arrest warrant Tuesday on lawmaker Tsukasa Akimoto, following his arrest late last month for allegedly receiving ¥3.7 million in bribes from a Chinese company over a casino project, sources said Monday. The special investigation team of the Tokyo ...
National / Politics Jan 12, 2020
Poll finds 58% of voters oppose dispatch of MSDF personnel to Middle East
A national opinion poll conducted over the weekend showed 58.4 percent of voters are opposed to the dispatch of a Maritime Self-Defense Force unit to the Middle East.
Business / Corporate Jan 11, 2020
Boeing's ousted CEO departs with $62 million, even without severance pay
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis. Muilenburg was fired in December as Boeing failed to contain the ...
National / Crime & Legal Jan 11, 2020
Do the 'people on the street' in Japan still love Carlos Ghosn?
by Gearoid Reidy
At his explosive news conference in Beirut on Wednesday, Carlos Ghosn claimed Japanese still love him, and haven't fallen for the image of the "cold, greedy dictator," as he says Tokyo prosecutors have sought to paint him. The reality is more complicated. He was once ...
National / Crime & Legal Jan 10, 2020
Days after his amazing escape, public prosecutors have now asked Interpol to put ex-Nissan Motor Co. Chairman Carlos Ghosn's wife, Carole, who faces perjury allegations, on its wanted list, informed sources said Friday. The request was made through the National Police Agency. Carole Ghosn, 53, who ...