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Ghosn rejects allegations in his first court hearing

Bloomberg Former Nissan Motor Co Chairman Carlos Ghosn rejected prosecutors’ claims of financial wrongdoing and pledged his loyalty to the company he led for more than a decade, as the fallen car titan faces an extended detention following his shock arrest in Japan almost two months ago. “I have been wrongly accused and unfairly detained based on meritless and unsubstantiated ...

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Samsung bears win after ‘stock swings’

Bloomberg Samsung Electronics Co. ended the day weaker, giving into bears worried about the outlook for the first half following today’s disappointing fourth-quarter earnings estimates. The shares swung between a gain of as much as 1.2 percent and a loss of 2.1 percent before finishing the day 1.7 percent lower. The stock rose as analysts said the bleak fourth-quarter results ...

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India gold imports collapsed last year

Bloomberg Gold imports by India tumbled by a fifth last year as high domestic prices deterred buyers in the second-biggest consuming nation and local stores remained well-stocked, highlighting a headwind to global demand even as bullion in dollars gains on renewed haven buying. Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year, ...

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