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Ghosn, Nissan formally charged in financial misconduct scandal - Tokyo prosecutors indicted ousted Nissan Motor chairman Carlos Ghosn for under-reporting his income and also officially charged the automaker, making the firm culpable for the financial misconduct scandal that has shocked the industry.
Mon, 10 Dec 2018 06:39:15 -0500
Japan's top three telcos to exclude Huawei, ZTE network equipment: Kyodo - Japan's big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China's Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp , Kyodo News reported on Monday.
Mon, 10 Dec 2018 06:27:42 -0500
Huawei CFO bail hearing to resume in Canada as Beijing steps up pressure - A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on Monday where she'll fight for her freedom with the help of pressure from Beijing against prosecutors' claims she cannot be trusted.
Mon, 10 Dec 2018 06:27:42 -0500
Chinese state media distance Huawei arrest from U.S. trade talks - Chinese state media on Monday denounced the arrest of a top executive at tech giant Huawei , but did not link it to talks to resolve a trade dispute with the United States, an apparent effort not to undermine prospects for a deal.
Mon, 10 Dec 2018 05:37:42 -0500
SoftBank's record IPO reaches $23.5 billion after extra share sale - SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan's biggest-ever IPO - a share sale widely regarded as finalizing the group's transition from domestic telco to a monolithic global tech investor.
Mon, 10 Dec 2018 05:19:31 -0500
Stock selloff snowballs on fresh fears for world growth - Losses on global stocks snowballed on Monday, with European markets following Asian peers lower as fresh signs emerged of slowing growth worldwide and fears grew that simmering U.S.-China tensions would torpedo chances of a trade deal.
Mon, 10 Dec 2018 05:16:43 -0500
Gilead Sciences snares Roche veteran O'Day as CEO - Drugmaker Gilead Sciences Inc on Monday named Roche Holding AG's Daniel O'Day as its new chief executive, tapping an industry veteran to fill a management vacuum.
Mon, 10 Dec 2018 05:00:40 -0500
Onset of recession may take longer than expected after yield curve inverts - The onset of a U.S. recession could take longer than usually thought after key points of the Treasury yield curve invert, as a surge in U.S. short-dated debt issuance has altered the dynamics of the Treasury market and other indicators show an economic downturn is farther off.
Mon, 10 Dec 2018 04:14:04 -0500
Hitachi shares rise after report it is considering scrapping Britain nuclear project - Hitachi Ltd shares rose as much as 2.9 percent on Monday after Japan's TV Asahi reported the firm is considering scrapping its 3 trillion yen ($26.61 billion) nuclear project in Britain due to projections of further increases in construction costs.
Mon, 10 Dec 2018 03:35:52 -0500
U.S. says March 1 'hard deadline' for trade deal with China - Unless U.S.-China trade talks wrap up successfully by March 1, new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a "hard deadline" after a week of seeming confusion among President Donald Trump and his advisers.
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