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Proxy adviser ISS backs shareholder proposal for Toshiba investigation

Proxy adviser ISS backs shareholder proposal for Toshiba investigation

The vote will take place at a shareholders' meeting on March 18 and activist investors are estimated to hold about 25 pct of Toshiba's shares.
Wed Mar 03 2021
Exclusive: Trump admin slams China's Huawei, halting shipments from Intel, others - sources

Exclusive: Trump admin slams China's Huawei, halting shipments from Intel, others - sources

That meant issuing denials for the vast majority of the roughly 150 disputed applications, and revoking the eight licenses.
Mon Jan 18 2021
Kobkarn Wattanavrangkul: A call from the Prime Minister to help the country

Kobkarn Wattanavrangkul: A call from the Prime Minister to help the country

Leading Thai businesswomen Kobkarn Wattanavrangkul, who once served as Minister of Tourism and Sports, shares her thoughts on finishing what she started.
Sun Mar 18 2018
Western Digital to seek injunction to block Toshiba's US$18 billion chip unit sale

Western Digital to seek injunction to block Toshiba's US$18 billion chip unit sale

This comes in the wake of Toshiba's decision last week to sell the semiconductor unit to a consortium led by Bain Capital LP.
Tue Sep 26 2017
Western Digital won't seek management role in Toshiba chip business - Sources

Western Digital won't seek management role in Toshiba chip business - Sources

Western Digital will promise to limit its voting rights to no more than one-third even after it converts its Toshiba bonds to shares.
Fri Aug 25 2017
Toshiba says suing Western Digital for $1 billion

Toshiba says suing Western Digital for $1 billion

Japan's Toshiba Corp said on Wednesday it is filing a lawsuit against joint venture partner Western Digital Corp.
Wed Jun 28 2017
Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - source

Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - source

Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter.f
Tue Mar 28 2017
Toshiba shares tumble on reported delay in earnings

Toshiba shares tumble on reported delay in earnings

Toshiba shares tumbled in early trading Tuesday after news reports that the troubled industrial giant would again delay announcing its financial results.
Tue Mar 14 2017
Toshiba shares fall 10% on nuclear business loss reports

Toshiba shares fall 10% on nuclear business loss reports

Toshiba shares traded 10.4 percent lower at 397.10 yen in morning trading, paring an earlier loss of as much as 16.3 percent.
Tue Dec 27 2016
Toshiba considers splitting off, listing part of chip business

Toshiba considers splitting off, listing part of chip business

Toshiba is in urgent need of restructuring after profit-padding revealed a number unprofitable businesses. It agreed in October to sell its image sensor business to Sony Corp.
Sat Nov 28 2015
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 posts loss in wake of profit-padding scandal

Toshiba posts loss in wake of profit-padding scandal

Toshiba said Monday it would book a $318 million annual loss to account for a billion dollar profit-padding scandal that hammered the reputation of one of Japan's best-known firms.
Mon Sep 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, senior execs quit over $1.2 billion scandal

Toshiba president, senior execs quit over $1.2 billion scandal

Toshiba president Hisao Tanaka and his predecessor Norio Sasaki quit the company on Tuesday over the $1.2 billion scandal.
Tue Jul 21 2015
Japan securities commission likely to recommend fine for Toshiba

Japan securities commission likely to recommend fine for Toshiba

Japan securities commission will likely recommend that Toshiba be fined for accounting irregularities that inflated its profits.
Mon Jul 20 2015
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024