KobeSteel’snewpresidentonFridaysaidhemayseekmergersoralliancesoutsidethecompanyforoneormoreofitsbusinessdivisions,ashebattlestorepairdamagefromadatafraudscandal
USconsumershavefiledalawsuitagainstKobeSteelLtdandToyotaMotorCorpaccusingthecompaniesofviolatingconsumerprotectionlawsandengaginginfraudbyconcealingtheuseofsubs
ThechiefexecutiveofficerofKobeSteelLtd.willresigntoaccountforthefirm'sstringofdatafabricationscandalsthathavehadawide-reachingimpactonotherindustriesandsulliedt
KobeSteelLtd(5406.T)saiditwouldannounceonFridaytheresultsofaninternalinvestigationintothecausesofadata-cheatingscandalthathasrockedtheJapanesesteelmakerandaffec
EmbattledKobeSteelLtdhasdecidedtowithdrawitsforecastforthecurrentfinancialyearasitstrugglestoquantifytheimpactofitsdatafalsificationscandal,theNikkeibusinessdai
Japan'sscandal-miredKobeSteelLtd.saidonThursdayithadfoundfournewpossiblecasesofimproprietiesregardinginspectiondata.Thesteelmaker'smisconducthasalreadyseenprodu
TheJapanesegovernmenthastaskedindustrialstandards-approvedbodiestocarryoutinspectionsatKobeSteelLtd.'splantsinanefforttodealwiththecompany'swide-reachingfalsifi
KyodoNewsreportedonTuesdaythatoneoftheKobeSteelLtd.plantsattheheartofaproductdatacheatingscandalisbeinginspectedbyJapan’stransportministry.Ministryofficialsstar
ToyotaMotorCorpwillsuspendoperationsatallofitsassemblyplantsinJapan,includingthoseofitssubsidiaries,fromMondaymorningasaprecautionarymeasureduetoapowerfultyphoo
ThefalsifieddatascandalengulfingJapan’sKobeSteelLtdseemstobewideningafteranothervictimcameforward.Thecountry’siconicbullettrainoperatorsaidpartsboughtfromtheste
Whencheatingbecomeshabitual,theconsequencescouldbecostly.EmbattledKobeSteelLtdsaidonTuesdaytheU.S.JusticeDepartmentisaskingthesteelmakertoprovidedocumentsrelate
KobeSteelLtd.onFridayadmittedtofalsifyinginspectiondataonnineotherproducts,wideningthescandaloftheembattledsteelmakerwhosaidearlierinthedaythatithadshippedwirer
ThechiefexecutiveofKobeSteelLtd.warnedonThursdaythattheremaybefurthercasesoffalsifieddatathanthosehavingbeenpreviouslydisclosed,inawideningscandaloveritsinspect
China's state-owned enterprises (SOEs) lost their position as the most profitable sector and became the country's biggest losers last year, according to the annual results listed companies reported for 2012.
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