Toshiba Takes $2.3 Billion Writedown On US Nuclear Unit Westinghouse
Investors have said concerns over the value of the business have been a major reason behind the lack of recovery in Toshiba’s share price following an accounting scandal last year.
France Beats Japan, Germany To Win $40 Billion Australian Submarine Contract
The victory for state-owned naval contractor DCNS Group marks a vote of confidence for France's defense industry.
Big Week For Central Banks As US Federal Reserve Holds Meeting, Bank of Japan Expected To Ease Further
Policymakers from the Federal Reserve and the Bank of Japan will sit down this week to hash out next steps in an uncertain global economy.
Kamcord Releases ‘Appcasting’ For Mobile Live Streaming, Announces $10M From Time Warner
Kamcord, an app once focused on streaming mobile games, is now allowing users to easily broadcast any app from their phone.
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China Economy News 2016: Debt Reaches Record High Amid Mounting Risk
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Solar Impulse 2 Flies Over Golden Gate Bridge, To Land In Mountain View After Nearly 60 Hours
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Markets Update: Europe Stocks Down, Asian Stocks Mixed On Weak Global Cues
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North Korea Willing To Send Defectors’ Families To South Korea To Let Them Meet; UK Adds Pyongyang To Human Rights Watchlist
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Chernobyl 30 Years On: Work On Giant Confinement Structure Set To Replace Ageing Sarcophagus Nears End
Almost 30 years after the world’s worst nuclear disaster, a construction project that aims to enclose a nuclear plant inside a giant stainless steel arch is nearing its end.
Mercedes’ Parent Daimler Opens Emissions Probe Into Its US Cars
The German automaker was approached by U.S. regulators last week, following a class-action lawsuit filed against the company in February.
Amid Tensions Over East China Sea Military Patrols, China Accuses Another Citizen Of Espionage
The Chinese government has issued warnings on espionage amid a new push to combat foreign threats.
Asian Markets Rise, Europe Stocks Down Ahead Of ECB Meeting
European markets started the day on a wobbly note, with investors wary ahead of a European Central Bank policy meeting Thursday.
Mitsubishi Motors Office Raided In Japan, Shares Tumble After Automaker Confesses To Manipulating Mileage Tests
Officials searched the automaker’s plant in the central Japanese city of Okazaki after the company admitted it had overstated the fuel efficiency of more than 600,000 vehicles.
Global Stock Rally Loses Steam As Sliding Oil Prices Weigh On Investor Sentiment
Oil prices, which had recovered over the past two days, were pulled down by news of oil workers in Kuwait calling off their three-day strike.
Steel Overcapacity: US, 7 Other Countries Call For Production Curbs
U.S. officials largely blamed an overcapacity in China, amid slowing domestic demand in the Asian powerhouse, for the crisis facing the global steel industry.
AB InBev Accepts Japanese Brewer Asahi’s Offer To Buy Peroni, Grolsch And Meantime Brands
Although terms of the deal were not disclosed, Asahi had earlier made a binding offer of $2.8 billion for the three brands.
Global Markets Broadly Lower As Investors Track Crude Oil Retreat
The breakdown of talks in Doha fueled investor fears that a production cut may not be agreed upon until the next meeting in June.
North Korean, Western Scientists Collaborate To Analyze Risk Of Mount Paektu’s Possible Eruption
Sacred Mount Paektu, which last erupted in 1903, is a potentially hazardous volcano straddling the border between China and the Korean Peninsula.
Japan Earthquake Update: 250,000 People To Leave Homes Amid Further Quake Fears While Economic Impact Spreads
Several companies suspended operations Monday fearing damages after a series of earthquakes measuring up to magnitude 7.3 struck southwestern Japan.
Japan’s SMBC Nikko Sets Up Investment Banking Team In New York: CEO
The team will grow to around 10 members by March next year and focus on mergers and acquisitions to begin with.
Japan Earthquake Update: Death Toll Rises As Fears Turn To Trapped Victims And Landslides
As the death toll from back-to-back temblors topped 40, rescue teams worked feverishly Saturday in southern Japan.
US Treasury Readies Tax Rules As G20 Vows To Fight Evasion
In the wake of controversy stirred by the so-called Panama Papers, the G-20 threatened to penalize tax haven countries that do not comply with new information-sharing efforts.
Despite Autism Awareness Growing, Few Diagnosed With Disorder Can Find Jobs
The number of people diagnosed with autism continues to grow, but only 12 percent of high-functioning adults with the condition work full time.
Japan Earthquake: Kumamoto Airport Shut Down, Flights Cancelled As Rain Hampers Rescue Efforts
Two earthquakes since Thursday have killed at least 28 people, and experts have warned of further aftershocks.
New Japan Earthquake Magnitude-7.3 Prompts Tsunami Advisory Near Kumamoto
A magnitude-7.3 temblor early Saturday compounded the misery from a previous magnitude-6.5 quake.
Japan Earthquake Photos: Death Toll Rises As More Than 120 Aftershocks Rock Kumamoto
Thousands were in shelters Friday because their homes were damaged and power was out.
Japan Stock Regulator Fines Credit Suisse For Leaking Information
Japanese officials said at least one analyst at the Swiss bank had passed sensitive information about an unidentified company’s earnings to a sales rep at the bank.
Europe, Asia Markets Down Before Key Oil Producers’ Meeting
The U.S. dollar consolidated its weekly gains, and investors awaited a meeting between oil-producing nations to be held in Doha, Qatar, on Sunday.
IMF, World Bank Spring Meeting To Begin In Washington Amid Looming Global Growth Fears
The three-day meeting, which begins Friday, comes at a time when risks to global economic growth have intensified.
Japan Earthquake Update: Several Dead As Officials Assess Damage
Thursday's magnitude-6.5 earthquake left at least nine dead and hundreds injured, and thousands without power.
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