Toshiba’s board shake-up is a sign of activist shareholders’ growing influence in Japan
TOKYO—Toshiba Corp. said it was proposing to replace a majority of its board and add more international business leaders, acceding to demands made by foreign shareholders in the latest sign of activist shareholders’ growing influence in Japan.
Toshiba’s list of candidates didn’t include Brian Higgins, co-founder of New York-based hedge fund King Street Capital Management LP, which has a 5.4% stake in Toshiba. In March, King Street said it intended to nominate a slate of independent directors, including Mr. Higgins, to replace...
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Japan April manufacturing PMI returns to expansion but export orders, output still fallingJapanese manufacturing activity expanded in April for the first time in three mo...
और पढो »
BOJ chief rejects idea of Japan as 'Modern Monetary Theory' modelBank of Japan Governor Haruhiko Kuroda rejected an idea gaining traction in some...
और पढो »
BOJ's Kuroda: Price stability is key to market trust in yenBank of Japan Governor Haruhiko Kuroda said on Thursday the biggest factor defin...
और पढो »
Wirecard sees profit potential of Softbank alliance at up to 273 million eurosWirecard sees five-year profit potential of Softbank alliance at 209-273 million euros
और पढो »
Japan Finance Minister Aso says hopes U.S., China will resolve trade rowJapanese Finance Minister Taro Aso on Friday expressed hope that Washington and ...
और पढो »
Japan April services PMI slips as new business growth slowsActivity in Japan's services sector expanded at a slightly slower pace in A...
और पढो »
Japan tests world's fastest bullet trainJapan has started testing its fastest-ever bullet train. The ALFA-X version of the high speed Shinkansen train is designed to be capable of reaching 400 kilometers per hour, or 249 mph.
और पढो »
BOJ board debated pros, cons of more easing at March meeting: minutesBank of Japan policymakers remained divided on how quickly to ramp up stimulus t...
और पढो »
Japan household spending rise but wages tumble in MarchJapan's household spending rose more than expected in March but real wages ...
और पढो »
Travel at 249 mph: Japan starts testing world's fastest bullet trainThe goal is for the ALFA-X to be introduced commercially in 2030 and be able to climb to 224 mph, which would make it the world's fastest bullet train
और पढो »