Chris Gallagher

Nissan’s Ghosn indicted on two new charges of financial misconduct

Ghosn, detained since his Nov. 19 arrest, had already been charged for under-reporting his income for the five years through 2015.


Nissan to fire Carlos Ghosn over financial misconduct allegations

The reports came as a shock in Japan where Ghosn, a rare foreign top executive, is well regarded for having turned Nissan around from near bankruptcy.


Johnson & Johnson makes $2.1b offer to fully buy Japanese cosmetics firm Ci:z

J&J is the second largest shareholder of the Japanese firm and owns a 19.9 percent stake through its affiliate.


Japanese refiner Idemitsu to buy out Showa Shell in $5.6b share swap deal

The combined firm would account for about 30 percent of Japan’s domestic gasoline sales.


Japan’s Renesas agrees to buy US chipmaker IDT for $6.7b

The deal allows Renesas to bring on board IDT’s know-how in chips for wireless networks and data storage which are crucial for self-driving cars.


Japan’s Kirin considers selling Australian Lion-Dairy and Drinks unit

Kirin has been reviewing its business portfolio, which spans alcohol, beverages, food and drugs at home and overseas.


Nissan to sell car battery unit to China’s Envision Group

This comes after Nissan cancelled a potential $1 billion sale of the unit to GSR Capital last month, saying the Chinese firm lacked the funds to make the purchase.


SoftBank to buy $2b of Yahoo Japan shares from Altaba

After the transactions, the stake held by SoftBank Group and its units will rise to 48.17% from 42.95% now, and Altaba will have about 27%.


SoftBank’s Japanese telecom unit applies for Tokyo listing

The move was expected after the conglomerate said this year it was making preparations for a listing.


Nissan cancels potential $1b sale of battery business to China’s GSR Capital

Nissan had planned to take full control of the business before the sale to GSR, buying the combined 49 percent minority stake held by NEC Corp and one of its subsidiaries.