Latest Japan News

Prosecutors indict Nissan's Ghosn for underreporting pay

Dec. 10, 2018 9:28 AM EST

TOKYO (AP) — Prosecutors have charged Nissan Motor Co.'s former chairman Carlos Ghosn, another executive and the automaker itself for allegedly violating financial laws by underreporting income. The charges imposed Monday involve allegations Ghosn's pay was underreported by about 5 billion yen ($44...

The Latest: PM Abe says Japan-French ties unshakable

Dec. 10, 2018 5:53 AM EST

TOKYO (AP) — The Latest on charges against former Nissan Motor Co. chairman Carlos Ghosn, who was arrested last month on suspicion of underreporting his income (all times local): 7 p.m. Japanese Prime Minister Shinzo Abe says Japan-French relations are unshakable despite concerns over the future of Nissan...

SoftBank's mobile unit's share price set for Dec. 19 IPO

Dec. 10, 2018 5:07 AM EST

TOKYO (AP) — The price for the initial public offering of SoftBank Group Corp.'s Japanese mobile subsidiary was set Monday at 1,500 yen ($13) a share. The Dec. 19 IPO on the Tokyo Stock Exchange will likely raise more than 2 trillion yen ($18 billion) and will be one of the world's biggest share offerings,...

Tokyo prosecutors say Nissan ex-chairman Carlos Ghosn, automaker and 2nd executive charged with underreporting pay

Dec. 10, 2018 2:19 AM EST
TOKYO (AP) — Tokyo prosecutors say Nissan ex-chairman Carlos Ghosn, automaker and 2nd executive charged with underreporting pay.

Japan's Kyodo News Service says prosecutors have charged ex-Nissan chairman Ghosn for financial violations.

Dec. 10, 2018 12:16 AM EST
TOKYO (AP) — Japan's Kyodo News Service says prosecutors have charged ex-Nissan chairman Ghosn for financial violations. .

Japan's economy contracts 2.5 pct in 3Q on weaker spending

Dec. 9, 2018 11:38 PM EST

TOKYO (AP) — Japan's economy shrank at a worse than anticipated annualized rate of 2.5 percent in July-September due to weaker consumer demand and corporate investment. The revised figure released Monday was more than double the 1.2 percent contraction reported earlier. Economists say the setback for the...

US draws Sweden again for 2019 Women's World Cup

Dec. 8, 2018 6:07 PM EST

PARIS (AP) — U.S. national coach Jill Ellis was asked before the Women's World Cup draw whether she thought her team would be grouped with Sweden for the fifth straight time. "Oh, we will," Ellis laughed, recalling her reply. Turned out she was right. The defending champion Americans were grouped —...

The Latest: Swedes can win it, says coach Gerhardsson

Dec. 8, 2018 3:01 PM EST

PARIS (AP) — The Latest on the draw for the Women's World Cup (all times local): 8:50 p.m. Sweden coach Peter Gerhardsson is confident he can deliver a first World Cup title. Recent results leave him feeling confident Sweden can do one better than when it lost the 2003 final to Germany — and even...

Japan OKs divisive bill allowing more foreign workers

Dec. 7, 2018 11:59 PM EST

TOKYO (AP) — Japanese lawmakers early Saturday approved government-proposed legislation allowing hundreds of thousands of foreign laborers to live and work in a country that has long resisted accepting outsiders. The contentious legislation passed only months after Prime Minister Shinzo Abe proposed the...

The Latest: Huawei awaits 'right conclusion' in CFO's arrest

Dec. 7, 2018 11:46 PM EST

WASHINGTON (AP) — The Latest on the arrest of an executive of Chinese telecoms equipment maker Huawei Technologies (all times local): 11:45 p.m. Chinese telecommunications giant Huawei says it has "every confidence that the Canadian and U.S. legal systems will reach the right conclusion" over the arrest of...