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04.02.2025 14:57
China unveils new tariffs on U.S. goods in response to Trump duties China on Tuesday announced additional tariffs of up to 15 percent on some American imports, effective Feb. 10, shortly after a new 10 percent U.S. tariff on Chinese goods was to take effect, rekindling a trade war between the world's two largest economies. The measures unveiled in response to what is known as the first imposition of new U.S. tariffs against any country after President Donald Trump returned to the White House followed his decision to pause 25 percent American duties on imports from Canada and Mexico for 30 days just before they were due to go into effect. Read full story here

04.02.2025 15:34
U.S. shareholder of Fuji Media seeks adviser resignation amid scandal A U.S. investment fund that holds shares in Japan's Fuji Media Holdings Inc. has issued a letter calling for the resignation of a top adviser as the company's subsidiary broadcaster faces scrutiny over its handling of a sexual misconduct scandal involving former popular TV host Masahiro Nakai. In the letter dated Monday, Dalton Investments LLC called for Executive Managing Adviser Hisashi Hieda to step down as director, saying recent events have highlighted the dysfunctional governance of Japanese broadcasting giant Fuji Television Network Inc. Read full story here

04.02.2025 16:11
Tokyo appeals court upholds suspended term for ex-Nissan exec Kelly The Tokyo High Court on Tuesday upheld a lower court ruling that gave former Nissan Motor Co. executive Greg Kelly a suspended sentence for his role in the underreporting of former CEO Carlos Ghosn's remuneration, acknowledging only partial guilt. The appeals court sentenced Kelly, a close aide to Ghosn, to six months in prison, suspended for three years, over the falsification of a financial report for fiscal 2017 but acquitted him of charges related to statements from the previous seven years, affirming the Tokyo District Court's March 2022 ruling. Read full story here