JAPAN

Former Olympus CEO Michael Woodford leaves after his news conference about the Olympus's scandal in Tokyo

Ex-Olympus CEO says willing but not begging to return

The British ex-CEO of Japan's Olympus Corp emerged from a frosty meeting of directors on Friday convinced its board would eventually quit over an accounting scandal engulfing the firm, but he said he wasn't begging to return and clean up the mess.
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Occupy Tokyo

Occupy Tokyo Grows out of OWS into Unique Mass Movement

Occupy Tokyo is one of East Asia's most significant outgrowths of the Occupy Wall Street movement that has swept the world over the past two months, but most media sources have ignored it. Growing out of outrage over the Japanese government's handling of severe damage to the Fukushima nuclear plant in March, it has become a major force in the East Asian nation.
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RIM, Spain's Telefonica to test electronic wallet

BlackBerry maker Research In Motion and Spanish telecom Telefonica are teaming up to test a payment system that turns a mobile phone into an electronic wallet and identity card, the companies said on Wednesday.
Former CEO of Olympus Corp Woodford is seen through a space between the television camera crew at Narita International Airport

Olympus ex-CEO lands in Tokyo for showdown

Former Olympus Corp CEO turned whistle-blower Michael Woodford touched down back in Tokyo on Wednesday for a meeting with investigators probing one of Japan's biggest accounting scandals and a showdown with the board that threw him out.
Former CEO of Olympus Corp Woodford is seen through a space between the television camera crew at Narita International Airport

Olympus ex-CEO lands for showdown, says police can

Former Olympus Corp CEO turned whistle-blower Michael Woodford touched down back in Tokyo on Wednesday for a meeting with investigators probing one of Japan's biggest accounting scandals and a showdown with the board that threw him out.
Former CEO of Olympus Corp Woodford is seen through a space between the television camera crew at Narita International Airport

Olympus Ex-CEO Woodford: Tokyo Police Can Get to Truth

Former Olympus Corp CEO Michael Woodford said on Wednesday that Tokyo police were best able to get to the truth behind one of Japan's biggest accounting scandals, as speculation mounts of possible links to organised crime.
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Business Leaders Urge U.S., EU Consider Trade Pact

After President Barack Obama's commitment this month to a transpacific free trade agreement, business leaders in Europe and United States are asking for a similar initiative across the North Atlantic to spur economic growth and create jobs.
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Asian Shares Fall After U.S. Deficit Deadlock

Asian shares edged down Tuesday as fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens sapped investors' confidence in the outlook for Western economies.
People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Olympus: Panel Finds no Criminal Links yet in M&A Deals

Japan's Olympus Corp said on Monday that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A deals went to organised crime syndicates or that yakuza gangsters were involved.
Man looks at an electronic board displaying stock prices outside a brokerage in Tokyo

Asian Shares Fall as U.S. Deficit Deadlock Looms

Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on deficit reduction hurt sentiment.
Billionaire Warren Buffett

Buffett in Japan, Spotlight on Investment

Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.
Gold

Mystery Gold Buyers from China, India?

World Gold Council's third-quarter demand report showed central bank buying going far above most analysts estimates. Analysis shows the mystery buyers to be China or India.

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