TOKYO, Japan (AFP) — A Tokyo Court on Tuesday granted ex-Nissan chief Carlos Ghosn bail, local media reported, in a shock decision that could see the auto tycoon freed after more than three months of detention. The court reportedly set the bail at one billion yen ($9 million), but prosecutors are likely to appeal the decision and could even file additional allegations against Ghosn to keep him from leaving detention. © Agence France-Presse
Tag: Japan
Ghosn family calls on UN to help release him, says lawyer
PARIS, France (AFP) — The family of former industrial tycoon Carlos Ghosn, currently held in Japan on charges of financial misconduct, is to appeal to the United Nations in a bid to have him released, one of his lawyers said Monday. Ghosn, 64, formerly in charge of the Nissan and Renault carmakers, has been in detention since his shock November 19 arrest, and has tried repeatedly without success to secure bail. “We have decided to […]
Asian markets rally as hopes of a trade deal get an extra boost
HONG KONG, China (AFP) — Asian markets rose Monday on growing optimism for a trade deal between China and the United States after reports said the two sides were close to a breakthrough. With a busy week of data releases and events coming up, investors got off to a positive start as they cheered stories saying the tariffs stand-off between world’s top two economies that has dragged on global growth could soon be resolved. The […]
South Korea’s Moon says ‘meaningful progress’ despite no-deal summit
SEOUL, South Korea (AFP) — South Korean President Moon Jae-in insisted Friday the Hanoi summit between the North’s leader Kim Jong Un and US President Donald Trump had made a “meaningful progress”, despite it breaking up without a nuclear deal. “The two leaders had conversations at length, enhanced mutual understanding and built more trust,” Moon said in a speech commemorating the 100th anniversary of the March 1 Movement against Japanese colonial rule. Both North […]
Ex-Nissan chief Carlos Ghosn makes fresh bail request
TOKYO, Japan (AFP) — Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan who has been detained for more than three months, the Tokyo District Court said. It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defence to three charges of financial misconduct. The former high-flying executive has been in detention since his shock […]
Mini miracle: ‘Record-breaking’ preemie leaves Tokyo hospital
TOKYO, Japan (AFP) — A baby born in Tokyo weighing the same as a large onion has gone home healthy, becoming the smallest newborn boy in the world to leave hospital safely. The tiny tot weighed just 268 grams — under 10 ounces — when he was delivered at 24 weeks, reportedly after he stopped growing in the womb. He was so small he fit in an adult’s cupped hands. But after five months […]
Construction of 36-km Metro Manila Subway project starts after groundbreaking; partial operations set 2022
(Eagle News) – The construction of the Metro Manila Subway system will now start with the groundbreaking of the 36-kilometer railway system — the first underground railway system in the country — which will also use Japanese technology. The Metro Manila Subway that will be designed with the Tokyo Subway in mind, will be flood and earthquake resilient. It is dubbed as the “project of the century” and is designed to run trains at […]
Tokyo stocks open higher on bargain-hunting
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday in cautious trade as investors hunted for bargains with a lack of fresh events to support the market after slides in US shares. The benchmark Nikkei 225 index edged up 0.23 percent, or 49.79 points, to 21,499.18 in early trade, while the broader Topix index was up 0.15 percent, or 2.41 points, at 1,619.61. “As the Japanese market fell yesterday ahead of the slides in […]
Tokyo stocks end lower after recent gains
TOKYO, Japan (AFP) — Tokyo stocks closed lower on Tuesday following recent gains fueled by optimism over the China-US trade talks, while analysts also said news of Indian air strikes in Pakistan-controlled Kashmir weighed on the market. The benchmark Nikkei 225 index, slipped 0.37 percent, or 78.84 points, to 21,449.39 while the broader Topix index was down 0.23 percent, or 3.67 points, at 1,617.20. Shares have enjoyed healthy buying of late, thanks to hopes that […]
Emperor urges Japan to be ‘open to the outside’
Japan’s Emperor Akihito urged his country to be open to the outside world at a ceremony marking 30 years of his reign on Sunday, ahead of his abdication later this year. Akihito will abdicate from the Chrysanthemum Throne on April 30, making way for Crown Prince Naruhito to replace him the following day. “Our country has cultivated its own culture as an island nation,” he said at the ceremony in Tokyo. “As the world has […]
Japan’s Okinawa to vote on controversial US base move
Residents of Japan’s Okinawa go to the polls Sunday in a closely watched referendum on the controversial relocation of a US military base to a remote part of the island. The vote is seen as highly symbolic but is also non-binding, raising questions about what effect it will have, even if opponents of the move, including Okinawa Governor Denny Tamaki, prevail. The ballot will ask residents whether they support a plan to reclaim land at […]
Touchdown: Japan probe Hayabusa2 lands on distant asteroid
by Kyoko HASEGAWA Agence France-Presse TOKYO, Japan (AFP) — A Japanese probe sent to collect samples from an asteroid 300 million kilometers away for clues about the origin of life and the solar system landed successfully on Friday, scientists said. Hayabusa2 touched down briefly on the Ryugu asteroid, fired a bullet into the surface to puff up dust for collection and blasted back to its holding position, said officials from the Japan Aerospace Exploration Agency […]





