The Tokyo Stock Exchange is to delist internet firm Livedoor’s shares over allegations it broke securities law.
The Tokyo exchange said the action would result in the firm being removed from the market by mid-April.
The move came after Japan’s securities commission filed a criminal complaint against five former Livedoor executives for allegedly falsifying of accounts
Japanese internet firm Livedoor’s former boss and other executives could be charged with falsifying financial results this week, reports have said.
Prosecutors claim the group doctored accounts to show a 5.3bn yen ($44
The US Department of Justice is investigating allegations of price fixing by top music labels on their charges for digital downloading.
The inquiry mirrors an ongoing probe by New York attorney general Eliot Spitzer into what the industry charges firms such as Apple to sell music online.
Labels have been at loggerheads with Apple over what it charges for tracks sold through its iTunes online service
Takafumi Horie, the former boss of Japanese internet firm Livedoor, has been indicted on charges of breaking securities laws, according to reports.
Together with three other Livedoor executives, Horie has been in custody since 23 January, when he was arrested on suspicion of misleading investors.
The Kyodo news agency said they are accused of spreading false financial information about a takeover in 2004
Sony BMG’s woes in the US over its much-criticised anti-piracy CD software have deepened.
It is facing two separate lawsuits in Texas and California.
The Texan lawsuit accuses Sony of installing spyware and is seeking damages of up to $100,000 in damages for each violation
The Securities and Exchange Surveillance Commission filed a criminal accusation of accounting fraud Wednesday against Kanebo Ltd. and three former executives of the textile and cosmetics company now undergoing rehabilitation.
The three executives — former President Takashi Hoashi, 69, former Vice President Takashi Miyahara, 63, and former Managing Director Kenzaburo Shimada, 59 — were arrested July 29 for allegedly submitted falsified financial statements to financial authorities
Japanese prosecutors arrested three former executives of cosmetics firm Kanebo on Friday for alleged fraud.
The troubled firm is currently being managed by the state-backed Industrial Revitalisation Corporation of Japan.
The charges facing the three executives, including former president Takashi Hoashi, are that the firm hid debts for five years to March 2003
Sony BMG, the world’s second-biggest record label, has agreed to pay $10m (£5.7m) and stop paying radio station employees to play its artists’ songs.
The settlement follows an investigation into “pay for play” practices in the music industry, conducted by New York Attorney General Eliot Spitzer
Cosmetics giant Kanebo has admitted overstating profits in what could turn out to be Japan’s largest accounting fraud involving a non-financial firm.
The company said its net profits for the four years to March 2003 had been inflated by $1.37bn (£723m) and it had recorded a loss over the period
A disabled dolphin in Japan is able to swim normally and jump again thanks to an artificial tail fin made by a tyre company.
Fuji, 34, had three-quarters of her tail amputated in 2002 after suffering from a mystery disease.
A veterinarian working with Fuji asked a friend at Bridgestone Corp for help