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July 28, 2024
 

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NISSAN

JAPAN / Crime & Legal
Dec 24, 2018
Greg Kelly's wife says the former Nissan director could be released on Christmas Day
The wife of Greg Kelly, the jailed former representative director of Nissan Motor Co., said there's a chance he'll be released Christmas Day. She also revealed that several U.S. government officials have supported efforts to arrange for his return to Tennessee.
Japan Times
BUSINESS / Companies
Dec 23, 2018
Carlos Ghosn allegedly used Nissan CEO fund to reward Saudi national for help on faltering personal investment
Ousted Nissan Motor Co. Chairman Carlos Ghosn is suspected of using a Nissan fund to reward a Saudi Arabian acquaintance who helped him deal with a personal investment that incurred a huge loss.
Japan Times
BUSINESS
Dec 22, 2018
French town, home to major auto factory, gets caught up in Nissan-Renault spat
An hour's drive north of Paris along the Seine River lies Flins, home to Renault SA's biggest and oldest factory, where 2,700 workers and 900 robots toil in tandem to churn out a steady stream of compact cars. More than half of the vehicles rolling off the line, however, don't carry the Renault diamond...
Japan Times
JAPAN / Crime & Legal
Dec 21, 2018
Ex-Nissan CEO Carlos Ghosn has detention period extended following rearrest on fresh allegations of misconduct
The arrest was a dramatic turnaround, as Ghosn appeared close to release after a court rejected a request from prosecutors Thursday to extend his detention.
Japan Times
JAPAN / Crime & Legal
Dec 21, 2018
Nissan's jailed ex-chief Carlos Ghosn vows to restore his honor in court, NHK says
Nissan Motor Co.'s jailed ex-chairman, Carlos Ghosn, vowed to restore his good name in court after a month in detention, NHK said on Friday, quoting his lawyer.
Japan Times
BUSINESS / Companies
Dec 20, 2018
Japanese judge rejects extra detention for Carlos Ghosn and Greg Kelly
A court on Thursday rejected prosecutors' request to extend the unusual detention of former Nissan Motor Co. Chairman Carlos Ghosn, boosting his chances of mounting a defense against claims that he understated his income.
Japan Times
COMMENTARY / Japan
Dec 20, 2018
Seven questions about Ghosn and Nissan
The arrest of Carlos Ghosn last month evinces layers of complexities and raises numerous questions and issues about corporate Japan in the global context that will surely be debated for years to come.
Japan Times
BUSINESS / Companies
Dec 20, 2018
Renault and Nissan execs sought other ways to pay Carlos Ghosn, documents show
Executives from both carmakers in the Renault-Nissan alliance looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners' shared finances, documents seen by Reuters show.
Japan Times
BUSINESS / Companies
Dec 17, 2018
Nissan fails at board meeting to name new chairman to succeed Carlos Ghosn
The board of Nissan Motor Co. put off a decision to choose the successor to ousted Chairman Carlos Ghosn, who has been arrested for alleged financial misconduct, reflecting heightened tensions with its partner Renault SA.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 15, 2018
Carlos Ghosn's arrest spurs debate on executive salaries in Japan
On Dec. 10, Masaaki Tanaka, former vice president of Mitsubishi UFJ Financial Group, told a news conference he would step down as president and CEO of Japan Investment Corp., an entity set up by the government in September to develop new industries through capital investment.
BUSINESS / Companies
Dec 15, 2018
Nissan unlikely to tap new chairman at Monday board meeting
Nissan's board probably won't pick a replacement at next week's meeting because partner Renault hasn't taken action against ousted chief Carlos Ghosn, who remains chairman and CEO, sources say.
Japan Times
BUSINESS / Companies
Dec 14, 2018
Nissan to sue sister of Carlos Ghosn over improperly gaining from contract
Nissan Motor Co. plans to file a lawsuit with a Rio de Janeiro court against a sister of former Chairman Carlos Ghosn after an internal probe found she had improperly gained from a contract to serve as an adviser, sources said Friday.
Japan Times
BUSINESS / Companies
Dec 14, 2018
France plans Renault CEO hunt as board frays over Carlos Ghosn: sources
The French government is seeking candidates to replace Renault SA's embattled boss Carlos Ghosn, sources said, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct.
Japan Times
BUSINESS / Companies
Dec 13, 2018
Nissan to recall nearly 150,000 vehicles in Japan after faulty inspections
Nissan Motor Co. filed a recall Thursday for nearly 150,000 vehicles in Japan after discovering faulty checks had been carried out on brakes and speedometers, adding to the more than 1.14 million units the automaker has recalled over similar issues.
Japan Times
JAPAN / Crime & Legal
Dec 13, 2018
Brazil court grants Nissan ex-boss Carlos Ghosn or his daughter supervised access to Rio flat
A Brazilian court decided on Wednesday that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, according to a legal document seen by Reuters.
Japan Times
BUSINESS / Companies
Dec 12, 2018
Tokyo court rejects complaint filed by Ghosn's close aide over detention
The Tokyo District Court rejected Wednesday a complaint filed by a close aide of former Nissan Motor Co. Chairman Carlos Ghosn against the court's latest decision to further extend his detention period over an alleged case of financial misconduct.
Japan Times
BUSINESS
Dec 11, 2018
Court rejects former Nissan Chairman Carlos Ghosn's appeal to end detention
A Tokyo court on Tuesday rejected ousted Nissan Motor Co. Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
Japan Times
BUSINESS / Companies
Dec 10, 2018
Report that Carlos Ghosn planned to oust Nissan CEO Hiroto Saikawa brings relationship into focus
Almost three weeks after his shock arrest, former Nissan Chairman Carlos Ghosn's relationship with his former protege is emerging as key to determining what may have triggered the investigation that has put the car industry titan in a Tokyo jail cell.
Japan Times
BUSINESS / Companies
Dec 10, 2018
Carlos Ghosn may face Christmas in jail as he, Greg Kelly and Nissan are charged with underreporting chairman's pay
Ghosn, Kelly and Nissan hit with indictments as the two former executives are re-arrested over new allegations of financial misconduct.
Japan Times
JAPAN / Crime & Legal
Dec 9, 2018
Nissan seeks to block Carlos Ghosn's access to Rio de Janeiro apartment after he is released by Japanese authorities
Nissan, fearing former Chairman Carlos Ghosn may remove or destroy evidence, seeks to block his access to an apartment in Rio de Janeiro.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Paris Olympics kick off with rain-soaked — but grandiose — opening ceremony
Japan's 2024 Olympic team moves down the Seine River in Paris during the opening ceremony of the 2024 Summer Olympics on Friday.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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