Anonymous ID: ca3b7f Dec. 6, 2018, 4:32 p.m. No.4187832   🗄️.is đź”—kun

Japan open and up a bit. Imo it will not last once China fully on-line. Oil already flipped it's support to resistance a few hours ago and is turning down from it's new resistance point.

 

US Futures are up slightly but not where they needs to be after the last 2 trading sessions.

Anonymous ID: ca3b7f Dec. 6, 2018, 4:52 p.m. No.4188171   🗄️.is đź”—kun

Ex-Nissan chief Carlos Ghosn to be served with fresh arrest warrant

 

Tokyo prosecutors have decided to seek a fresh arrest warrant for former Nissan Motor Co. Chairman Carlos Ghosn on suspicion that he failed to report around ÂĄ4 billion ($35.5 million) of his remuneration in its securities reports for the three years through March, sources close to the matter said Tuesday.

 

Ghosn, who is being held at the Tokyo Detention House, has already been accused of breaching the Financial Instruments and Exchange Act after allegedly reporting only ÂĄ5 billion of his ÂĄ10 billion compensation during the five years through March 2015.

 

Along with Greg Kelly, a former Nissan representative director, Ghosn is expected to be served with a fresh arrest warrant on Dec. 10, when the detention period for the pair expires.

 

Ghosn and Kelly, who was arrested along with the former chairman on Nov. 19 for alleged conspiracy, have told the prosecutors that it was unnecessary to report some of the remuneration as the payments had yet to be settled, according to different sources with knowledge of the investigation.

 

The unreported remuneration of the 64-year-old charismatic automotive industry figure, known for rescuing Nissan from the brink of bankruptcy in the 1990s, is believed to total ÂĄ9 billion.

 

In Japan, crime suspects can be kept in custody for 10 days and that can be extended for another 10 days if a judge grants prosecutors’ request for extension. At the end of that period, prosecutors must file a former charge or let the suspect go.

 

However, they can also arrest suspects for a separate crime, in which case the process starts over again. This process can be repeated, sometimes keeping suspects detained for months without formal charges and without bail.

 

https://www.japantimes.co.jp/news/2018/12/04/national/crime-legal/prosecutors-arrest-carlos-ghosn-fresh-charge-prolonging-detention-report/