Kobe Steel executives to decide whether to resign after external probe: sources

on November 6th, 2017, 4:00am
TOKYO (Reuters) - Kobe Steel <5406.T> executives, including President Hiroya Kawasaki, will decide whether to resign to take responsibility for a cheating scandal after receiving a report from independent investigators, sources told Reuters.

More Economy News

6 Nov 2017

China shadow banking activity as percentage of GDP falls in H1: Moody's

HONG KONG (Reuters) - China's broad shadow banking activity stopped growing in the first half of 2017 and declined relative to gross domestic product for the first time in five years, Moody's Investors Service said on Monday.

6 Nov 2017

Hong Kong Exchange Fund third quarter investment income at HK$53.6 billion: HKMA

HONG KONG (Reuters) - Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$53.6 billion ($6.9 billion) in the third quarter of 2017, the Hong Kong Monetary Authority (HKMA) said on Monday.

6 Nov 2017

China offers tax-free interest income in bid to spur lending to small firms

BEIJING (Reuters) - China will exempt banks' interest income from loans to small firms and rural households from value added tax, authorities said on Monday, in the latest step to address a long-standing issue of lack of financing to small firms.

6 Nov 2017

Bank of Japan September meeting minutes: Members debated benefits of YCC

TOKYO (Reuters) - One Bank of Japan policymaker said the slope of the yield curve was not sufficient to achieve 2 percent inflation because there was excess supply of capital stock and because the government was due to raise the sales tax in 2019, minutes of the central bank's Sept. 20-21 meeting showed.

Top News Videos