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Short-sellers smell blood as Japan Inc wounded by accounting scandals

Short-sellers smell blood as Japan Inc wounded by accounting scandals

Short-sellers who made their names and fortunes wiping billions off Chinese and Southeast Asian companies are setting their sights on Japan.
Fri Aug 19 2016
Toshiba sues former executives over scandal, swings to operating loss

Toshiba sues former executives over scandal, swings to operating loss

Japan's Toshiba Corp said on Saturday it has sued five former executives, including three former chief executives, over mismanagement.
Sat Nov 07 2015
Toshiba scandal exposes Japan Inc.'s governance flaws

Toshiba scandal exposes Japan Inc.'s governance flaws

Toshiba's billion-dollar accounting scandal has shone a light on a corporate culture in Japan still beset by collusion in its senior ranks, unquestioning employees and poor external controls.
Sun Jul 26 2015
Toshiba president to resign over accounting scandal: reports

Toshiba president to resign over accounting scandal: reports

An accounting scandal involving massive Japanese conglomerate Toshiba deepened on Saturday as reports said the company's president would likely be forced to resign.
Sat Jul 11 2015
With the Gaza ceasefire in the balance, all eyes are on Benjamin Netanyahu’s trip to Washington

With the Gaza ceasefire in the balance, all eyes are on Benjamin Netanyahu’s trip to Washington

The Trump-Netanyahu bond is so strong that it could even enable the Israeli leader to declare sovereignty over the West Bank.
Tue Feb 04 2025
Sarawak floods: Number of evacuees dips to slightly above 9,000

Sarawak floods: Number of evacuees dips to slightly above 9,000

Continuous heavy rain at the severe level is also expected to occur in several areas in Sabah and Sarawak until tomorrow.
Tue Feb 04 2025
China hits back with tariffs on US goods after Trump imposes new levies

China hits back with tariffs on US goods after Trump imposes new levies

China's Finance Ministry said it would impose levies of 15% for U.S. coal and LNG and 10% for crude oil, farm equipment and some autos.
Tue Feb 04 2025
Trump says there is 'great interest' in TikTok

Trump says there is 'great interest' in TikTok

Trump says there is a lot of interest in TikTok, as his administration seeks to broker a sale of the popular app.
Tue Feb 04 2025
Indonesia police arrest 56 men at Jakarta gay sex party

Indonesia police arrest 56 men at Jakarta "gay sex party"

The men were arrested at a South Jakarta hotel after a "same-sex sex party".
Tue Feb 04 2025
[COLUMNIST] Programming humanity: Infusing AI with timeless ethical values

[COLUMNIST] Programming humanity: Infusing AI with timeless ethical values

In today's rapidly evolving AI landscape, imbuing systems with ethical principles is central to both technological and social discourse.
Tue Feb 04 2025
Why Trump’s tariffs can’t solve America’s fentanyl crisis

Why Trump’s tariffs can’t solve America’s fentanyl crisis

The US faces a decades-long drug crisis, and efforts to regulate, legislate, or incarcerate have failed to curb consumption.
Tue Feb 04 2025
DeepSeek gives Europe's tech firms a chance to catch up in global AI race

DeepSeek gives Europe's tech firms a chance to catch up in global AI race

DeepSeek's emergence is changing the landscape for AI, offering companies access to the technology at a fraction of the cost.
Tue Feb 04 2025
Bursa Malaysia opens higher on bargain hunting after US delays tariffs

Bursa Malaysia opens higher on bargain hunting after US delays tariffs

The benchmark FTSE Bursa Malaysia KLCI increased 4.75 points to 1,558.38 against Monday's close of 1,553.63.
Tue Feb 04 2025
Apple raises concern over first porn app on iPhone under EU rules

Apple raises concern over first porn app on iPhone under EU rules

Since it first opened the App Store on iPhones in 2008, Apple has controlled what apps could be downloaded to the devices.
Tue Feb 04 2025