Posted by Reuters: Business News on January 19, 2012
TOKYO (Reuters) – Japanese authorities, while reluctant to act now, may consider engaging in a rare intervention to stem yen rises against the euro if the moves appear to be driven by speculators and sharp enough to severely hurt business sentiment.
Posted by Reuters: Business News on January 4, 2012
TOKYO (Reuters) – Exxon Mobil is in talks to sell most of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner and unload other assets in Japan in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.
Posted by Reuters: Business News on December 15, 2011
TOKYO (Reuters) – The whistleblower in Japan’s Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.
Posted by Reuters: Business News on December 12, 2011
TOKYO (Reuters) – The whistleblower in a $1.7 billion accounting scandal at Japan’s Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday.
Posted by Reuters: Business News on November 28, 2011
TOKYO/HONG KONG (Reuters)- Documents unearthed by Reuters show a new link between Japan’s Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company’s deal-making.
Posted by Reuters: Business News on November 25, 2011
TOKYO (Reuters) – Japan’s core consumer prices fell for the first time in four months in the year to October after a cigarette tax hike a year ago dropped out from calculations revealing persistent deflation caused by chronically weak domestic demand.
Posted by Reuters: Business News on November 17, 2011
TOKYO (Reuters) – The former CEO of Olympus Corp, whose revelations about irregular deals and payments exposed an accounting scandal at the camera and medical equipment maker, will return to Japan next week to meet police and authorities investigating the case.
Posted by Reuters: Business News on
TOKYO (Reuters) – The former CEO of Olympus Corp, whose suspicions over dubious accounting triggered a scandal at the camera and medical equipment maker, will return to Japan next week to meet with police and authorities investigating the case.
Posted by Reuters: Business News on October 26, 2011
TOKYO (Reuters) – Olympus Corp announced on Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan’s main securities watchdog was looking into the 92-year-old firm’s dubious acquisition deals.
Posted by Reuters: Business News on October 20, 2011
TOKYO (Reuters) – Ousted Olympus Corp. CEO Michael Woodford widened his bid for regulators to probe the endoscope maker’s controversial payments to advisory firms by urging Japan’s securities watchdog to investigate.
