Bloomberg The presidents of three Japan Post Group companies will step down on Friday amid a scandal involving insurance sales, local broadcaster JNN reported. The report said that the executives would step down at a press briefing on Friday, amid the ongoing scandal involving Japan Post insurance sales. Japan Post said that it is unaware of any plans by the ...

Bloomberg Nissan Motor Co’s third-highest-ranked executive is planning to leave the company to join a leading electric-motor company, an abrupt move that deals yet another blow to the scandal-plagued Japanese carmaker. The shares fell to their lowest in 8 years. Jun Seki, the vice chief operating officer in charge of Nissan’s performance recovery, plans to join Japanese manufacturer Nidec Corp ...

Bloomberg The operator of China’s high-speed rail line between Beijing and Shanghai kicked off its initial public offering, which will for the first time allow investors to buy shares in what is the world’s largest such network. Beijing-Shanghai High-Speed Railway Co, a unit of state-owned China Railway Corp, plans to sell as many as 6.3 billion new shares, or 12.8% ...