Japan’s Cabinet Approves $122B Stimulus Package
The country has struggled with a slump of exports, a sales tax hike in October, and natural disasters.
Mitsubishi Says Top Exec Knew of Data-Rigging
The Japanese firm reports that the former head of its cable-making subsidiary was made aware in February of guidelines for falsifying quality data.
Quality-Control Scandal Engulfs Kobe Steel
The steelmaker has admitted data falsification involving aluminum, copper and iron ore products, further tarnishing Japan's manufacturing reputation.
Sunoco to Sell Convenience Stores to 7-Eleven
The $3.3 billion deal is "the beginning of an exciting evolution for Sunoco into a premier nationwide fuel supplier," the company's CEO says.
Sompo to Buy Endurance Specialty for $6.3B
The Japanese insurer is paying a 43% premium for Endurance as it seeks to generate 25% of its profits from overseas operations by 2020.
Follow the Money
CFOs from different regions of the world have different plans for their excess cash.
Gap Worn Down By Declining Sales
The Gap announced it was closing 75 stores, including Old Navy Japan, as sales continue to plunge and profits dwindle.
Japan’s malaise continues, but the slowdown in China poses a greater risk to Asian economies.
Canon Takes Lead in Bidding War for Toshiba Unit
Toshiba reportedly granted Canon preferential negotiating rights after it offered $6 billion for Toshiba's medical equipment business.
Corporate Governance in Japan: Sharp Elbows
New twists in the battle for control of an ailing electronics firm.