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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
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024