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Toshiba reports $102 million quarterly net loss

Last Updated: Tuesday, September 15, 2015, 13:54

Toshiba on Monday reported a first-quarter loss of $102 million after sales fell to a two-and-half-year low, in a fresh blow to the Japanese conglomerate after a huge accounting scandal.

Toyota sees European sales marginally lower in 2015

Last Updated: Tuesday, September 15, 2015, 08:36

The Japanese auto group, which counts 56 countries, including Israel and Turkey, as part of its European market, sold 888,000 vehicles in the region last year. 

Toyota sees European sales marginally lower in 2015

Last Updated: Tuesday, September 15, 2015, 07:29

Toyota Motor Corp expects sales in Europe to fall slightly this year as higher deliveries in the western part of the region are unlikely to offset a sharp drop in Russia,

Suzuki Motor says it will buy back VW stake as court settles feud

Last Updated: Monday, August 31, 2015, 09:16

Japan`s Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.

Panasonic to stop making batteries in Beijing, cut 1,300 jobs

Last Updated: Thursday, August 27, 2015, 09:23

The plant, which produces batteries for mobile phones and cameras mainly for non-Japanese brands, has been struggling to boost profitability, the paper said.

Sony unveils Aerosense's drone prototypes

Last Updated: Tuesday, August 25, 2015, 13:22

Japanese company Sony has released videos of two prototypes of its drones that they are creating, the AS-DTO1-E 'experimental machine' and the AS-MCO1-P prototype.

Collapsed Bitcoin exchange boss faces $2.6 mn theft claim

Last Updated: Friday, August 21, 2015, 14:42

The former head of MtGox reportedly faced fresh criminal charges today over allegations he stole USD 2.6 million from clients, as police questioned him about hundreds of millions of dollars worth of missing Bitcoins.

Bitcoin exchange CEO to face new criminal allegations

Last Updated: Thursday, August 20, 2015, 09:54

Japanese police will re-arrest the CEO of collapsed Bitcoin exchange MtGox on theft allegations, reports said Thursday, as he faces questions over the disappearance of hundreds of millions of dollars worth of the virtual currency.

Honda records 20% profit rise on yen, despite recalls

Last Updated: Friday, July 31, 2015, 18:15

Japanese automaker Honda reported on Friday a 20 percent jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall.

Honda aims to sell 2.4 lakh units in FY16

Last Updated: Tuesday, July 21, 2015, 21:58

Japanese car maker Honda is looking at a 26 percent rise in sales at 2.4 lakh units in India in the current fiscal, helped by improved market conditions.

Japan finance minister warns Toshiba scandal could hit investor confidence

Last Updated: Tuesday, July 21, 2015, 09:41

Japanese Finance Minister Taro Aso said accounting irregularities at Toshiba Corp were "very regrettable", coming at a time when Japan is trying to regain global investors` confidence with better corporate governance.

Honda recalls another 4.5 million cars over exploding airbags

Last Updated: Thursday, July 9, 2015, 15:00

The move takes to 24.5 million the total number of vehicles that the country's number three auto manufacturer has called back after the faulty airbags were linked to eight deaths around the world.