Over 400 Toshiba unit workers apply for early retirement

Business / Corporate Oct 3, 2019

Over 400 Toshiba unit workers apply for early retirement

Toshiba Corp. said Thursday that one of its subsidiaries saw 414 employees apply for an early retirement plan, surpassing the 350 the company had estimated. Toshiba Electronic Devices & Storage Corp. received applications for the program from workers aged 45 or older between July and ...

Business / Corporate Sep 4, 2019

Japan to demand greater accountability from audit firms

The Financial Services Agency decided Tuesday to demand greater accountability from audit firms that check corporate financial reports, by revising auditing standards. The decision, made at an FSA accounting council meeting, came after Toshiba Corp.'s auditor drew criticism from domestic and overseas investors for its ...

U.S. and China harden their stands on Huawei as tech war intensifies

Business / Tech May 24, 2019

U.S. and China harden their stands on Huawei as tech war intensifies

The United States and China hardened their stances over Huawei Thursday as Washington brushed aside claims of "bullying" and accused the Chinese tech giant of misrepresenting its ties to the Beijing government. The world's top two economies stepped up their rhetoric following President Donald Trump's ...