Nathan Layne
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Mazda to raise $2 bln in share issue, loans: sources
Feb 20, 2012 23:42 EST
TOKYO (Reuters) - Japan's Mazda Motor Corp <7261.T> plans to raise $2.1 billion to shore up its finances and invest in a new plant in Mexico, financial sources said on Tuesday -- a bigger-than-expected dilutive fundraising that sent its shares tumbling 10 percent.
Alibaba's Taobao at center of failed Yahoo deal: sources
Feb 15, 2012 20:30 EST
NEW YORK/SAN FRANCISCO (Reuters) - Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.
Honda may spend $650 million to restore Thai plant: report
Jan 14, 2012 21:34 EST
TOKYO (Reuters) - Honda Motor Co <7267.T> will completely overhaul its flood-hit factory in Thailand in a project that could cost more than 50 billion yen ($650 million), the Nikkei business daily reported on Sunday.
Samsung may consider alliance with Olympus: source
Jan 11, 2012 18:23 EST
SEOUL/TOKYO (Reuters) - South Korea's Samsung Electronics is open to forging an alliance with Japan's troubled Olympus Corp, potentially joining other electronics firms in circling one of the world's biggest names in medical equipment, sources said.
Japan aims to bolster M&A disclosure after Olympus scandal
Dec 16, 2011 05:24 EST
TOKYO (Reuters) - Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
Japan aims to bolster M&A disclosure after Olympus
Dec 16, 2011 04:36 EST
TOKYO (Reuters) - Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
Olympus reveals $1 billion balance sheet hit
Dec 14, 2011 10:21 EST
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances.
Olympus reveals $1 billion balance sheet hit, stirs merger
Dec 14, 2011 10:14 EST
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances.
Olympus reveals $1 billion balance sheet hit, stirs merger talk
Dec 14, 2011 06:46 EST
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances.
Olympus reveals $1 billion balance sheet hit, stirs merger talk
Dec 14, 2011 06:39 EST
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances.
Olympus reveals $1 billion balance sheet hit, stirs merger talk
Dec 14, 2011 05:42 EST
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances.
E&Y sets up external panel to probe Olympus audit
Dec 08, 2011 10:17 EST
TOKYO (Reuters) - The Japanese arm of Ernst & Young is setting up an external panel to probe its audit of Olympus Corp amid questions over whether it and prior auditor KPMG could have been tougher in checking the scandal-hit firm's accounts.
E&Y sets up external panel to probe Olympus audit
Dec 08, 2011 07:53 EST
TOKYO (Reuters) - The Japanese arm of Ernst & Young said on Thursday it would set up an external committee to investigate its audit of Olympus Corp.
Panel urges legal action in damning Olympus report
Dec 06, 2011 12:19 EST
TOKYO (Reuters) - An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan's disgraced Olympus Corp on Tuesday, urging legal action against "rotten" executives responsible for the cover-up and the replacement of other board members.
Panel urges legal action in damning Olympus report
Dec 06, 2011 12:10 EST
TOKYO (Reuters) - An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan's disgraced Olympus Corp on Tuesday, urging legal action against "rotten" executives responsible for the cover-up and the replacement of other board members.
Legal action urged in damning Olympus report
Dec 06, 2011 06:46 EST
TOKYO (Reuters) - An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan's disgraced Olympus Corp on Tuesday, urging legal action against the executives responsible for the cover-up and the replacement of other board members who knew.
Panel urges legal action in damning Olympus report
Dec 06, 2011 05:06 EST
TOKYO (Reuters) - An independent panel urged legal action against executives who covered up a $1.7 billion accounting scandal at Japan's Olympus Corp, and said others who knew about it should be replaced -- but its findings failed to satisfy the ex-CEO who blew the whistle on the affair.
Zynga rival Nexon's Tokyo IPO set at $1.2 billion
Dec 05, 2011 04:57 EST
TOKYO (Reuters) - Online gaming firm Nexon Co fixed the price for its $1.2 billion initial public offering on Monday at the mid-point of a pre-set range, following U.S.-based rival Zynga in settling for a more conservative valuation amid tough stock market conditions.
Zynga rival Nexon's Tokyo IPO set at $1.2 billion
Dec 05, 2011 03:52 EST
TOKYO (Reuters) - Online gaming firm Nexon Co fixed the price for its $1.2 billion initial public offering on Monday at the mid-point of a pre-set range, following U.S.-based rival Zynga in settling for a more conservative valuation amid tough stock market conditions.
Zynga rival Nexon's Tokyo IPO set at $1.2 billion
Dec 05, 2011 02:53 EST
TOKYO (Reuters) - Online gaming firm Nexon Co fixed the price for its $1.2 billion initial public offering on Monday at the mid-point of a pre-set range, following U.S.-based rival Zynga in settling for a more conservative valuation amid tough stock market conditions.