Tokyo Stock Exchange

Olympus Corp Chairman and President Tsuyoshi Kikukawa stepped down on Wednesday in response to a widening scandal over dubious acquisition deals, as sources said Japan's securities watchdog was looking into the 92-year-old firm's past dealings.

Olympus Corp announced 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.

The U.S. Federal Bureau of Investigation is probing the massive advisory fee paid by Japan's Olympus Corp. in its takeover of a British company, a media report said, as the firm's shares continued to slide over the scandal.

Shares in Olympus Corp plunged 22 percent on Monday after media reports quoted its ousted chief executive as accusing the board of firing him for probing allegations of improper payments related to acquisitions.

Nintendo is leaving E3 with more questions than answers.

The Law Offices of Marc S. Henzel (www.henzellaw.com) a firm focusing on shareholder litigation, is investigating the proposed buyout of TradeStation Group, Inc. (Nasdaq: TRAD) by Monex Group, Inc. (Tokyo Stock Exchange: 8698).

Sony Corp. has suspended production at more Japanese plants after a massive earthquake on March 11 has made it difficult for the plants to get raw materials and components.

A graduate of the prestigious University of Tokyo's economics department, Keishiro Kurabayashi could have joined a blue-chip firm and begun climbing the corporate ladder. Instead, he interned at DeNA, then a fledgling start-up and now a successful social networking and mobile gaming firm.

The Tokyo Stock Exchange is not discussing a merger with any other exchanges, the bourse's CEO said on Thursday, quashing any speculation the TSE will participate in the latest spate of global alliances among stock exchanges.

The Singapore Exchange (SGX), Singapore’s stock market, said it will do away with its lunch break and launch continuous all-day trading from March.

Japan's JFE Steel Corp (5411.T) said on Tuesday it is boosting purchases of coking coal from the United States, China, Russia and Indonesia after heavy floods hit production sites in Australia, its biggest supplier.