BUSINESS

Kobe Steel admits data

fraud went on for
nearly 5 decades; CEO
to quit
Mar. 7 | 07:45 am JST | 53 Comments
Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly ve
decades and also revealed new cases of cheating, highlighting the challenges facing
the 112-year-old company mired in compliance failures and malfeasance. Japan's
third-biggest steelmaker said its CEO will step down to take responsibility for the…
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BUSINESS

Big switch: Electric cars put China on

automobile map
Mar. 7 | 06:10 am JST | 5 Comments
The rise of electric cars heralds not only a major technology switch but also promises
massive disruption to today's auto giants as Tesla and a group of powerful Chinese
rivals take over the fast lane. The diesel scandal in 2015 in which Volkswagen
admitted manipulating 11 million diesel vehicles worldwide… READ

BUSINESS

Lindt eyes chocolate lovers in emerging

markets
Mar. 7 | 05:51 am JST | 0 Comments
Swiss chocolate maker Lindt & Spruengli is seeking to lure more sweet-toothed
consumers in Japan, China, South Africa, Brazil and Russia, where the group said
Tuesday it enjoys "enormous potential". Lindt, a leader in the a ordable luxury
chocolate segment, said in its annual report that subsidiaries in those ve countries…
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BUSINESS

Shipments of protected African species to

Asia soar: study
Mar. 7 | 04:50 am JST | 0 Comments
Shipments of protected African species including tortoises, pythons and parrots to
Asia have soared since 2006 as demand grows in the Far East for exotic pets, meats
and other animal products, a new study warned Tuesday. Wildlife imports of leopard
tortoises, African spurred tortoises and ball pythons into Asia increased… READ

BUSINESS

Venture Café Tokyo to launch at Toranomon

Hills
Mar. 7 | 04:00 am JST | 0 Comments
Mori Building, a leading urban developer in Tokyo, announced Tuesday that it is
collaborating with Venture Café, an innovation promotion program developed by
Cambridge Innovation Center (CIC), the world’s leading builder of innovation hubs, to
help expand its global network into Asia. Starting on March 22, Venture Café Tokyo
will… READ

BUSINESS

Japan aluminum industry wants U.S. to scrap

plan on tari s
Mar. 6 | 06:17 am JST | 8 Comments
Japan's aluminum industry wants the United States to scrap plans to impose tari s on
the metal since it would hurt business and raise volatility in the metal markets,
causing increased uncertainty for future trade. U.S. President Donald Trump said last
week that he would impose a 25 percent tari on… READ

BUSINESS

Woman who coined term 'glass ceiling'

frustrated by slow progress
Mar. 6 | 06:07 am JST | 1 Comment
When Marilyn Loden sat on a panel called "Mirror, Mirror on the Wall" 40 years ago,
she got fed up of hearing women saying how their negative self-image kept them
from advancing at work. When it came time for her to speak she disagreed and
instead described another invisible barrier… READ

BUSINESS

Founder of transformative Tower Records

chain dies at 92
Mar. 6 | 03:52 am JST | 6 Comments
Russell Solomon, founder of the Tower Records chain that became a global
phenomenon and changed the way people consumed music, has died. He was 92.
Solomon died Sunday night of an apparent heart attack while drinking whiskey and
watching the Oscars, said his son, Michael Solomon. Russell Solomon rst began…
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BUSINESS

Pro ts, doubts in equal measure at Geneva

Motor Show
Mar. 5 | 05:36 am JST | 1 Comment
This year's Geneva Motor Show comes at a curious time for an auto world enjoying
record pro ts yet also gripped by doubt midway through the grand transition from
diesel to electric and self-driving vehicles. "Geneva really ought to have been a lovely
salon," says, with heavy irony, Ferdinand Dudenhoe er, director… READ

BUSINESS

Japan's 16 government-registered
cryptocurrency exchanges to set up self-
regulatory body
Mar. 4 | 05:55 am JST | 8 Comments
Japan's 16 government-registered cryptocurrency exchanges will set up a self-
regulatory body to bolster trust in an industry rocked by a $530 million digital money
heist in January. The body will later invite other cryptocurrency exchanges whose
applications for registration with the government are pending, as well as those that
plan… READ

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