TOKYO: A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of being acquitted, as would Ghosn had he remained in Japan to face trial, a former prosecutor said. Lawyer Nobuo Gohara, a vocal critic...
A BlackRock-backed group aims to raise an initial US$500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.
BlackRock Inc has built a 5.12per cent stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor, according to a regulatory filing by the U.S. asset manager.
ValueAct Capital Partners LP's founder Jeff Ubben is stepping down as chief executive officer and will be replaced by the activist hedge fund's president, Mason Morfit, the Financial Times reported on Wednesday.
South Korea's Hyundai Motor Co swung to a fourth-quarter profit from a loss a year earlier, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models.
Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model.
Umami-bomb or toxic allergen? There are perhaps few condiments as controversial as MSG, but most scientists say it's safe, and now a Japanese firm is trying to give it a reputation overhaul.
General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service.
North Korea will ban foreign tourists to protect itself against a new SARS-like virus that has claimed at least nine lives in China and sickened hundreds, a major tour operator said.
The emergence of a SARS-like virus in China is the last thing Hong Kong's struggling economy needs, analysts say, as the city reels from the twin storms of the global trade war and months of political unrest.
