The Japanese manufacturer of building materials Mitsubishi Materials plunged more than 8% on Friday in the Tokyo Stock Exchange after revealing that some of its subsidiaries have falsified the technical specifications of their products. At 10:30 local time (01:30 GMT), an hour and a half after starting the session, shares...
Another scandal hits the Automotive Industry, and this time, it goes far beyond Takata’s airbags. Coincidence or not, the company involved in this case is also Japanese, Kobe Steel Ltd. The company is one of the largest metals suppliers in the country and is now the subject of a major...