Tag - scandals

 
 

SCANDALS

BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors admits using unapproved efficiency tests for 25 years
The embattled automaker admits that its method of testing fuel efficiency much longer than it had previously stated.
BUSINESS / Companies
Apr 26, 2016
Daimler, Ford brace for scrutiny after emission scandals
Carmakers have to be clearer about the way they certify their fuel economy and emission ratings as regulators ramp up scrutiny over the gap between laboratory results and on-road conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors executives skip Beijing car show
Mitsubishi Motors Corp.'s senior executives skipped the Beijing car show as the automaker grapples with the fallout from its mileage fraud admission.
Japan Times
BUSINESS
Apr 25, 2016
Carmakers must boost transparency on emissions, fuel economy, fix flaws: Daimler chief
Carmakers have to be more transparent about the way they certify their fuel economy and emission ratings as regulators step up scrutiny into the gap between laboratory results and real-world driving conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
EDITORIALS
Apr 22, 2016
Mitsubishi Motors' cheating scandal
Mitsubishi Motors' claims that it has rectified the crooked corporate culture that led to its previous scandals is now in doubt.
Japan Times
BUSINESS / Companies / ANALYSIS
Apr 21, 2016
Mitsubishi scandal could push firm to brink again, requiring rescue by group
Mitsubishi Motors Corp.'s disclosure that it manipulated fuel economy tests risks putting it in the position of needing help from group companies to stay in business.
Japan Times
BUSINESS
Apr 20, 2016
Mitsubishi Motors admits employees falsified fuel-efficiency data
The automaker says its workers faked test results for four minicars for which manufacturing and sales have now been suspended.
ASIA PACIFIC / Politics
Apr 19, 2016
Front-runner in Philippines presidential race apologizes for rape remark
A Philippine mayor who built a reputation for fighting crime apologized Tuesday for a rape comment that caused a political storm and could dent his chances of winning the presidency in an election just three weeks away.
JAPAN / Crime & Legal
Apr 9, 2016
Locations raided in ex-minister Amari's fund scandal probe
Tokyo public prosecutors raided several locations Friday as part of an investigation into a money scandal involving former Economic and Fiscal Policy Minister Akira Amari.
Japan Times
BUSINESS
Apr 9, 2016
High-flying Shanghai wealth management firm comes crashing back to earth
Zhongjin Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term financing products. It had a big profile, sponsoring...
JAPAN / Politics
Apr 7, 2016
Yamao apologizes over ¥4.29 million fuel claim in 2012
The new Democratic Party's inaugural policy chief has been forced to apologize after it emerged that her office had claimed up to ¥4.29 million in fuel expenses in a single year.
Japan Times
WORLD / Politics
Apr 2, 2016
U.S. State Department halts review of Clinton emails at FBI's request
At the request of the FBI, the U.S. State Department has suspended plans for an internal review of whether classified information was properly handled in former Secretary of State Hillary Clinton's emails, a spokeswoman said on Friday.
ASIA PACIFIC / Politics
Mar 31, 2016
Luxembourg launches money laundering inquiry into Malaysian state fund
Luxembourg's state prosecutor launched a judicial inquiry into allegations of money laundering, covering payments totaling hundreds of millions of dollars, against Malaysia's sovereign wealth fund 1Malaysia Development Bhd (1MDB).
Japan Times
JAPAN / Politics
Mar 24, 2016
Author and disabilities champion Hirotada Ototake admits to adulterous affairs
In a blow that could further humiliate the scandal-tainted ruling party, disabled celebrity author and educator Hirotada Ototake, rumored to be tapped for an election run with the Liberal Democratic Party, apologized Thursday for committing adultery following a report by a tabloid magazine.
ASIA PACIFIC / Science & Health
Mar 23, 2016
China detains 37 people linked to illegal vaccines
Chinese police have detained 37 people linked to a vaccine scandal and are investigating three pharmaceutical companies, state news agency Xinhua reported on Wednesday.
Japan Times
BUSINESS / Companies
Mar 18, 2016
Toshiba sees finances improving after narrowing its business
Toshiba Corp. said its profitability will improve in the next fiscal year as it scales back on products such as personal computers and home appliances.
Japan Times
BUSINESS / Companies
Mar 17, 2016
Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter.
Japan Times
BUSINESS / Companies
Feb 23, 2016
Up to 90 million more Takata air bag inflators may face U.S. recalls
U.S. auto safety regulators are examining whether an additional 70 million to 90 million Takata Corp. air bag inflators should be recalled because they may endanger drivers, according to a source with knowledge of the matter.
JAPAN / Politics
Feb 2, 2016
UR housing authority at center of Amari scandal contradicts Shukan Bunshun story
The semi-governmental housing corporation at the center of the scandal that forced Akira Amari to step down as economic minister has denied that his secretaries pressured it to favor a Chiba construction firm in a dispute, contradicting the magazine that broke the story.
ASIA PACIFIC
Jan 30, 2016
Swiss seek Malaysian help in probing $4 billion financial scandal
Switzerland's chief prosecutor said on Friday he had formally asked Malaysia for help with his probe into possible violations of Swiss law by the state-owned fund 1Malaysia Development Berhad (1MDB), saying suspected misappropriations amounted to about $4 billion.

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