Toshiba Corporations’s chief executive Hisao Tanaka and a string of other senior officials resigned yesterday (July 21) for their roles in the country’s biggest accounting scandal in years.
Tanaka will be temporarily r
Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than
Turkish Prime Minister Tayyip Erdogan reshuffled his cabinet on Wednesday after three members quit over a corruption scandal that has posed an unprecedented challenge to his 11-year rule.
The crisis erupted on December 17 when doz
Royal Bank of Scotland (RBS) is facing the increasing likelihood of having to settle separately with UK and US authorities investigating its involvement in the global interest rate-setting scandal, the Sunday Telegraph said.
The top US commander in Afghanistan, General John Allen, is under investigation for allegedly inappropriate communication with a woman at the centre of the scandal involving former CIA Director David Petraeus, a senior US defen
Barclays, already rocked by an interest rate rigging scandal, unveiled new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.
Barclays chairman Marcus Agius quit on Monday, saying "the buck stops with me" after an interest rate rigging scandal that has dealt "a devastating blow" to the bank's reputation.
Agius, chairman of Britain's third biggest bank for 5-1/2 y
News Corp executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down from the board of Sotheby's, the auction house has said.
In a filing to the US Securities and Exchange Com
News International, the British newspaper arm of Rupert Murdoch's News Corp group, has announced that it would publish a Sunday edition of Britain's scandal-hit Sun tabloid for the first time next weekend.
In an internal memo to al