Latest Tokyo News

New indictment expands case against Nissan ex-chair Ghosn

Apr. 22, 2019 6:06 AM EDT

TOKYO (AP) — Japanese prosecutors said Monday they have indicted Nissan's former chairman Carlos Ghosn on fresh breach of trust charges that expand their allegations of financial misconduct outside Japan. After the indictment, Ghosn's lawyers filed a request for his release on bail, the Tokyo District...

World markets mixed, oil rises on Iran concerns

Apr. 22, 2019 6:02 AM EDT

BEIJING (AP) — World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Benchmarks in Shanghai and India sank while Tokyo and Seoul were little changed. London, Frankfurt, Hong Kong and Sydney were closed for...

The Latest: Court says Nissan ex-chair Ghosn seeking bail

Apr. 22, 2019 2:59 AM EDT

TOKYO (AP) — The Latest on the Nissan Motor Co.'s former chairman, Carlos Ghosn, who is facing financial misconduct charges (all times local): 4 p.m. The Tokyo District Court says that lawyers for Nissan's former chairman Carlos Ghosn have requested his release on bail. The request followed Ghosn's...

Asian markets mixed in post-Easter trading

Apr. 21, 2019 11:56 PM EDT

BEIJING (AP) — Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data. Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard...

Japan courts Trump using emperor, first lady's birthday

Apr. 19, 2019 11:53 PM EDT

TOKYO (AP) — Without close friends in Asia, Japan's Prime Minister Shinzo Abe appears to be using every opportunity, even the emperor's accession, to court President Donald Trump. Abe is scheduling a rushed visit to Washington to meet with Trump and celebrate first lady's birthday, and then is inviting him...

Car smashes into pedestrians in Tokyo, killing 2 on bicycle

Apr. 19, 2019 5:36 AM EDT

TOKYO (AP) — A car driven by an 87-year-old man smashed into pedestrians at a Tokyo intersection on Friday, killing a woman and a girl on a bicycle and overturning a garbage truck, Japanese police said. Eight people were reportedly injured. The Metropolitan Police Department said the woman and child were...

Japanese airline lands test flight of new plane in Hawaii

Apr. 18, 2019 10:38 AM EDT

HONOLULU (AP) — All Nippon Airways has completed a test flight of a new wide-body aircraft with its arrival in Hawaii. The Japanese airline completed the first of two tests when the Airbus A380 "Flying Honu" touched down Wednesday at Daniel K. Inouye International Airport in Honolulu, according to news...

Global stocks subdued as investors eye earnings, data

Apr. 18, 2019 7:51 AM EDT

BEIJING (AP) — Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend. London's FTSE 100 fell 0.1% to 7,460 and Frankfurt's DAX rose 0.5% to 12,208. France's CAC 40 gained 0.3% to 5,576. A survey...

Nissan ex-chair Ghosn appeal on extended detention rejected

Apr. 18, 2019 7:31 AM EDT

TOKYO (AP) — Japan's top court said Thursday it has rejected an appeal by former Nissan Chairman Carlos Ghosn's lawyers against his extended detention after his fourth arrest on allegations of financial misconduct. The decision upholds the extension of his detention through April 22 that was approved...

Ticket sales: The least understood side of the Olympics

Apr. 18, 2019 5:45 AM EDT

TOKYO (AP) — It's Olympic ticket sales time again, perhaps the least understood side of the games. "Time flies," said Kosuke Kitajima, a four-time Olympic swimming gold medalist from Japan. "It's as if the Rio de Janeiro Olympics were just yesterday." The now-retired Kitajima helped Tokyo Olympic...