It's the latest big scandal to rock corporate Japan. Kobe Steel, a century-old industrial giant, has admitted to falsifying data on products sold to top customers like Boeing and Toyota. Essentially, ...

TOKYO (Reuters) - Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly five decades and also revealed new cases of cheating, highlighting the challenges facing the 112-year-old ...

Kobe Steel's executive vice president Naoto Umehara (R) bows his head to apologize at a news conference in Tokyo, Japan, in this photo taken by Kyodo on October 8, 2017. - Kyodo/Via Reuters TOKYO: ...

TOKYO (Reuters) - When cheating becomes habitual, the consequences could be costly. Embattled Kobe Steel Ltd said on Tuesday the U.S. Justice Department is asking the steelmaker to provide documents ...

Japan's Kobe Steel lost a fifth of its market value on Tuesday after it admitted falsifying quality data for aluminium and copper products shipped to some 200 clients, including auto giant Toyota. The ...

(RTTNews) - Shares of Kobe Steel, Ltd. (KBSTY.PK) were gaining around 9 percent in Japan after the Japanese steel manufacturer Friday lifted fiscal 2024 earnings forecast, even as nine-month profit ...