Tag - scandals

 
 

SCANDALS

BUSINESS / Companies
Sep 28, 2016
Toshiba more than doubles profit outlook as yen drives sales
Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook.
BUSINESS
Sep 24, 2016
Dentsu to repay ¥230 million in advertising overcharges
Dentsu Inc. said it will pay an estimated ¥230 million back to customers, including Toyota Motor Corp., that it overcharged for internet advertisements in a case likely to stoke concern that digital media transactions have lacked transparency.
BUSINESS
Sep 24, 2016
U.S. road safety body says hundreds of recalled Takata air bag parts ruptured in testing
Hundreds of Takata Corp. air bag inflators pulled from cars in the auto industry's biggest-ever recall later ruptured in testing, showing the potential risks to drivers.u2028
Japan Times
JAPAN
Sep 19, 2016
Residents vote to rebuild entire defective condo complex in Yokohama
Residents in a scandal-hit condominium complex in Yokohama decided Monday to rebuild all four buildings, not just the one that is tilting because of defective pilings.
BUSINESS / Companies
Sep 17, 2016
GM seeks one-year delay in recalling 980,000 Takata air bags, citing lower rupture risk
General Motors Co. is asking U.S. safety regulators to delay by a year the mandatory recall of almost 1 million vehicles with air bags made by Takata Corp., saying the designated models have not been shown to carry the same risk as others linked to deaths and injuries.
Japan Times
WORLD / Politics
Sep 17, 2016
Trump finally backs off Obama birth claim, falsely says Clinton started it
Republican U.S. presidential candidate Donald Trump on Friday abandoned his false claim that Barack Obama was not born in the United States after spending five years peddling conspiracy theories that the country's first African-American president started life as a foreigner.
BUSINESS / Companies
Sep 15, 2016
Toshiba tells TSE of its governance reforms in bid to get shares off watch list
Toshiba Corp. submitted a report to the Tokyo Stock Exchange on Thursday to explain how corporate governance at the major electronics maker has improved since its accounting scandal came to light, the company said.
WORLD
Sep 14, 2016
Ad thanking Chile's military during dictatorship causes stir
A two-page newspaper advertisement in Chile commemorating members of the armed forces killed during the military dictatorship from 1973 to 1990 is causing a stir in a country still divided by its history.
BUSINESS / Companies
Sep 13, 2016
Suzuki 'concealed ¥300 million' in income over two years, tax probe reveals
Suzuki Motor Corp. was found by tax authorities to have concealed around ¥300 million in income over two years through March 2015, sources close to the matter said Tuesday.
Japan Times
ASIA PACIFIC / Politics
Sep 13, 2016
China names new Tianjin Communist Party boss amid corruption probe
China has appointed former Communist Party secretary of Hubei province Li Hongzhong as the new party chief for the strategic port city of Tianjin, days after announcing a corruption investigation into the northeastern city's former mayor.
WORLD / Politics
Sep 13, 2016
Germs, bugs everywhere virtually guarantee getting sick on the U.S. campaign trail
Hillary Clinton's bout of pneumonia has shed light on a problem seldom seen by American voters: The long days, little sleep, cross-country travel, bad food and kissing babies add up to a recipe for illness for presidential candidates and aides.
Japan Times
BUSINESS / Companies
Sep 9, 2016
Mitsubishi Motors stays in cross hairs as Nissan rescue falls behind
Mitsubishi Motors Corp., raided three times by the transport ministry over its decades-long fuel economy scandal, could be searched again by the regulator as a planned rescue by Nissan Motor Co. falls behind schedule.
Japan Times
ASIA PACIFIC
Sep 4, 2016
Obama plays down significance of alleged airport snub by China ahead of G-20 summit
U.S. President Barack Obama attempted to tamp down criticism Sunday of what some have called an intentional diplomatic snub by Beijing a day earlier as he arrived for the Group of 20 summit in China.
Japan Times
BUSINESS / Companies
Aug 31, 2016
Fuel data 8.8% worse for eight models than Mitsubishi Motors claimed: ministry
The transport ministry says mileage figures for eight Mitsubishi Motors Corp. models affected by a fuel-efficiency scandal were up to 8.8 percent poorer than their catalog data.
BUSINESS / Companies
Aug 26, 2016
Japan Trustee Services Bank sues Toshiba for ¥12 billion over accounting scandal
Japan Trustee Services Bank is seeking ¥11.99 billion in damages from Toshiba Corp. over the industrial giant's accounting scandal, Toshiba announced Friday.
Japan Times
ASIA PACIFIC
Aug 24, 2016
India probes huge data leak at French submarine builder DCNS; Australian design unaffected
India is investigating damage caused to French Scorpene submarines that are being built in the country, the Defense Ministry said Wednesday, after the leak of documents relating to the vessel's combat capabilities.
EDITORIALS
Aug 20, 2016
Stop international tax dodges
Efforts to crack down on tax havens is starting to pick up steam, and none too soon.
WORLD
Aug 20, 2016
U.S. Army fudged accounts by trillions of dollars, auditor finds
The United States Army's finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced.
Japan Times
BUSINESS / FOCUS
Aug 18, 2016
Governance improves at Japan Inc., but scandals show compliance remains a challenge
It's not rare to see Japanese corporate executives bowing in apology for scandals resulting from weak governance and compliance, and then vowing to prevent a recurrence.
Japan Times
WORLD
Aug 8, 2016
Brazilians divided but upbeat as Olympics arrive
Rio de Janeiro's hosting of the 2016 Olympics has divided public opinion in Brazil, where political and economic crises have put the games under scrutiny like never before.

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