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TOKYO, Japan (AFP) — The wife of ex-Nissan chief Carlos Ghosn has alleged her husband is being held in “harsh” conditions and subjected to round-the-clock interrogations intended to extract a confession. In a letter to Human Rights Watch, Carole Ghosn urged the group to highlight the case of her husband, who has been in detention in Japan since his shock arrest on November 19 and faces three charges of financial misconduct. The nine-page letter says […]
TOKYO, Japan (AFP) — Japan said Friday it will have to amend its upcoming budget to fund compensation for people whose benefits were underpaid for years because of a scandal involving erroneous labour data. The labour ministry admitted this week that it has for years failed to collect complete data for its monthly employment report, which is closely watched as an indicator of wages and work hours. The data helps determine various government benefits, including […]
by Hiroshi HIYAMA / Sara HUSSEIN Agence France Presse TOKYO, Japan (AFP) — Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon. Lawyers for the former jet-setting executive immediately said they would file a bail application, but have acknowledged that he will probably be detained until a trial. Ghosn denies any wrongdoing and argued […]
TOKYO, Japan (AFP) — Japan may have underpaid billions of yen in unemployment benefits after it emerged that the government has been incorrectly collecting labour market data for as long as 15 years. Officials are supposed to gather data from all firms with 500 or more employees but in Tokyo, only about one third of 1,400 such firms were surveyed, according to a civil servant at the labor ministry. Labour minister Takumi Nemoto has […]
TOKYO, Japan (AFP) — Tokyo stocks closed lower on Thursday as investors took profits after three days of rallies and with fears over the US government shutdown weighing on the market. The benchmark Nikkei 225 index lost 1.29 percent, or 263.26 points, to 20,163.80, while the broader Topix index dropped 0.85 percent, or 13.10 points, to 1,522.01. “As the Nikkei 225 has gained about 900 (points) in the past three days, and as the meeting […]
TOKYO, Japan (AFP) — A Japanese court on Wednesday rejected a bid by former Nissan boss Carlos Ghosn to end his detention over alleged financial misconduct, a day after he denied all accusations in a dramatic court appearance. Ghosn’s lawyers had appealed to the court to free the auto tycoon, claiming at a special hearing in a Tokyo court there were no grounds for his detention, which has now lasted more than 50 days. But […]
(Eagle News) — President Duterte received the President of Japan’s House of Councillors, Hon. Chuichi Date in a courtesy call at the President’s Hall in Malacañang Palace on Tuesday, January 8, 2019, where they discussed issues of mutual interests in a closed door meeting. Hon. Chuichi Date came together with his spouse Yuko. They were accompanied by Japanese Ambassador Koji Haneda, Deputy Chief of Mission Takehiro Kano, Japan Embassy Secretary Yojiro Konno, Japan Embassy […]
Tokyo, Japan (AFP) — Tokyo stocks rose moderately Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index, which jumped 2.44 percent on Monday, added 0.82 percent or 165.07 points to close at 20,204.04 while the broader Topix index was up 0.39 percent or 5.90 points at 1,518.43. US shares pushed higher for a second session in a row Monday amid […]
by Hiroshi HIYAMA Agence France-Presse TOKYO, Japan (AFP) — Former Nissan boss Carlos Ghosn appeared in public Tuesday for the first time since his arrest in November rocked the business world, as he offers his side of the story in a high-profile court hearing. The 64-year-old auto industry titan attended a hearing at the Tokyo District Court where the judge was to explain the reasons for Ghosn’s continued detention on suspicion of financial misconduct. He […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index added 0.82 percent, or 168.82 points, to 20,202.79 in early trade, while the broader Topix index was up 0.55 percent, or 8.25 points, at 1,520.78. The US gains came amid continued relief after Federal Reserve Chair Jerome Powell on Friday […]
TOKYO, Japan (AFP) — Tokyo stocks opened up more than 3.0 percent on Monday, following European and US markets that roared last week on strong US data and dovish comments from the Federal Reserve. The benchmark Nikkei 225 index added 3.06 percent, or 598.00 points, to 20,159.96 in early trade while the broader Topix index jumped 3.05 percent, or 44.83 points, to 1,515.99. The robust open in Tokyo came as global investors embraced a strong […]
