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KAZAKHSTAN-CHINA-XI JINPING-TOKAYEV-EXCHANGE

KAZAKHSTAN-CHINA-XI JINPING-TOKAYEV-EXCHANGE

(240702) -- ASTANA, July 2, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Chinese President Xi Jinping shakes hands with Kazakh President Kassym-Jomart Tokayev on July 2, 2024. On Tuesday evening, Xi and Tokayev had a cordial and friendly exchange over dinner in a pleasant and warm atmosphere, discussing issues related to China-Kazakhstan relations and issues of common concerns. Photo by Xinhua/ABACAPRESS.COM/Xie Huanchi)

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HUNGARY-BUDAPEST-PENG LIYUAN-LEVAI-SCHOOL-VISIT

HUNGARY-BUDAPEST-PENG LIYUAN-LEVAI-SCHOOL-VISIT

(240509) -- BUDAPEST, May 9, 2024 (Xinhua) -- Peng Liyuan, wife of Chinese President Xi Jinping, and Aniko Levai, Hungarian Prime Minister Viktor Orban's wife, have cordial exchanges with the students at the Hungarian-Chinese bilingual school in Budapest, Hungary, May 9, 2024. Peng, accompanied by Levai, visited the school on Thursday afternoon. (Xinhua/Ding Lin)

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CHINA-BEIJING-PENG LIYUAN-GERMAN STUDENTS AND TEACHERS-MEETING (CN)

CHINA-BEIJING-PENG LIYUAN-GERMAN STUDENTS AND TEACHERS-MEETING (CN)

(240328) -- BEIJING, March 28, 2024 (Xinhua) -- Peng Liyuan, wife of Chinese President Xi Jinping, has a cordial interaction with a student representative of the Chinese Choir of the Burg Gymnasium at Beijing No.35 High School in Beijing, capital of China, March 28, 2024. Peng met on Thursday with representatives of students and teachers from the Chinese Choir of the Burg Gymnasium, a German high school, at Beijing No.35 High School. (Xinhua/Liu Bin)

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CHINA-BEIJING-XI JINPING-CAMBODIA-KING-QUEEN MOTHER-MEETING (CN)

CHINA-BEIJING-XI JINPING-CAMBODIA-KING-QUEEN MOTHER-MEETING (CN)

(230224) -- BEIJING, Feb. 24, 2023 (Xinhua) -- Chinese President Xi Jinping and his wife Peng Liyuan have a cordial meeting with Cambodian King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk at the Diaoyutai State Guesthouse in Beijing, capital of China, Feb. 24, 2023. (Xinhua/Huang Jingwen)

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Citigroup Japan chief shows long-term commitment to Japan market

Citigroup Japan chief shows long-term commitment to Japan market

TOKYO, Japan - Douglas Peterson, Citigroup Inc.'s top executive in Japan and president of Nikko Cordial Corp., speaks in an interview with Kyodo News in Tokyo on Feb. 5. He said that the U.S. financial giant has a ''long-term commitment'' to the Japanese market as it has a high potential for growth. Peterson met with Kyodo a week after the U.S. financial firm fully acquired Nikko, Japan's No. 3 brokerage house.

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New Nikko Cordial kicks off operations as Sumitomo Mitsui unit

New Nikko Cordial kicks off operations as Sumitomo Mitsui unit

TOKYO, Japan - Eiji Watanabe (2nd from L), president of Nikko Cordial Securities, Sumitomo Mitsui Banking Corp. President Masayuki Oku (2nd from R) and other officials shake hands in front of the new logo of Nikko Cordial Securities Inc. at its headquarters in the Kabutocho financial district in Tokyo on Oct. 1, 2009. The company began operations the same day as a wholly owned unit of SMBC after the completion of the bank's acquisition of the retail brokerage house from Citigroup Inc. of the United States.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Teisuke Kitayama (L), president of Sumitomo Mitsui Financial Group Inc., along with Citigroup Vice Chairman Stephen Volk (R), announces at a Tokyo hotel on May 1 that SMFG has reached an agreement with Citigroup to acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Executives of Sumitomo Mitsui Financial Group Inc. and Citigroup Inc. shake hands at a Tokyo hotel on May 1 after announcing they have reached an agreement that SMFG will acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen. (From L) Nikko Cordial Securities President Eiji Watanabe, Sumitomo Mitsui Banking Corp. President Masayuki Oku, SMFG President Teisuke Kitayama, Citigroup Vice Chairman Stephen Volk, and Nikko Citi Holdings Inc. Chairman and President Douglas Peterson.

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Citigroup fully acquires Nikko, to replace president

Citigroup fully acquires Nikko, to replace president

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., speaks during a news conference in Tokyo on Jan. 29 as Citigroup Inc. fully acquired Nikko Cordial Corp. through a stock swap deal the same day. Peterson will become president of Japan's third-largest brokerage house on Jan. 30, replacing Shoji Kuwashima.

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Citigroup to wholly own Nikko Cordial via triangular merger

Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, shake hands after a press conference at a hotel in Tokyo on Oct. 2 at which they announced that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme.

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Citigroup to wholly own Nikko Cordial via triangular merger

Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, hold a joint press conference in a hotel in Tokyo on Oct. 2 to announce that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme.

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Citigroup succeeds in tender offer for Nikko

Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., hold a joint news conference at a hotel in Tokyo on April 27 after Citigroup Inc. successfully completed its tender offer for Japan's third-biggest brokerage.

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Citigroup succeeds in tender offer for Nikko

Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid.

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TSE found no evidence of organized accounting fraud at Nikko Cordial

TSE found no evidence of organized accounting fraud at Nikko Cordial

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro, testifying at a parliamentary panel, says the exchange has decided to keep Nikko Cordial Corp. listed on its first section as it has failed to find any evidence that the securities firm committed accounting fraud in an organized way.

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Citigroup to launch Nikko Cordial buyout bid on March 15

Citigroup to launch Nikko Cordial buyout bid on March 15

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., speaks at a news conference in Tokyo on March 14 about Citigroup's friendly takeover bid for Nikko Cordial Corp.

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No change to Nikko-Citigroup tie-up plan

No change to Nikko-Citigroup tie-up plan

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima said at a news conference in Tokyo on March 12 that there will be no change to its plan to form a capital and business tie-up with Citigroup Inc., even though Japanese bourses decided not to delist Nikko's stock over its involvement in accounting fraud.

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TSE OKs continued listing of Nikko Cordial despite accounting fraud

TSE OKs continued listing of Nikko Cordial despite accounting fraud

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro briefs reporters on March 12 on the TSE's decision to keep Nikko Cordial Corp., Japan's third-largest brokerage group, listed on the Tokyo bourse despite its falsification of financial statements.

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TSE OKs continued listing of Nikko Cordial despite accounting fraud

TSE OKs continued listing of Nikko Cordial despite accounting fraud

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro briefs reporters on March 12 on the TSE's decision to keep Nikko Cordial Corp., Japan's third-largest brokerage group, listed on the Tokyo bourse despite its falsification of financial statements.

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Nikko Cordial to seek 3.1 bil. yen damages from 3 former execs

Nikko Cordial to seek 3.1 bil. yen damages from 3 former execs

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (C) bow in apology at a news conference in Tokyo on Feb. 27 after the brokerage submitted a corrected version of its financial statements to the Finance Ministry following an accounting fraud late last year. The company said it will file a lawsuit against three former top group executives to seek a total of 3.1 billion yen ($25.94 million) in damages for their alleged involvement in the fraud.

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Scandal-tainted Nikko Cordial likely to be delisted in April

Scandal-tainted Nikko Cordial likely to be delisted in April

TOKYO, Japan - The head office of Nikko Cordial Corp., located next to the Tokyo Stock Exchange in central Tokyo. Nikko Cordial, Japan's third-largest brokerage house, faces delisting from the Tokyo Stock Exchange in April over alleged accounting fraud, sources familiar with the matter said Feb. 28.

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New head of Nikko Cordial vow to strengthen corporate governance

New head of Nikko Cordial vow to strengthen corporate governance

TOKYO, Japan - New Nikko Cordial Corp. President Shoji Kuwashima (R) speaks during a news conference in Tokyo on Dec. 28. He vowed to strengthen corporate governance and increase transparency in the group's business after it came under fire for falsifying its earnings.

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Kuwashima named as new president of Nikko Cordial

Kuwashima named as new president of Nikko Cordial

TOKYO, Japan - Nikko Cordial Corp. said Dec. 25 it has decided to appoint Chief Information Technology Officer Shoji Kuwashima (file photo) as its president effective Dec. 26 to replace Junichi Arimura who is stepping down to take responsibility for the falsification of group earnings for fiscal 2004.

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2 top Nikko Cordial executives to resign

2 top Nikko Cordial executives to resign

TOKYO, Japan - Nikko Cordial Corp. President Junichi Arimura (R) and Chairman Masashi Kaneko (L) apologize for the falsification of group earnings for fiscal 2004 during a news conference in Tokyo on Dec. 25.

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2 top Nikko Cordial executives to resign

2 top Nikko Cordial executives to resign

TOKYO, Japan - Nikko Cordial Corp. President Junichi Arimura (R) and Chairman Masashi Kaneko (L) speak on the falsification of group earnings for fiscal 2004 during a news conference in Tokyo on Dec. 25. The two executives will step down to take responsibility for the falsification.

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Securities watchdog seeks 500 mil. yen fine on Nikko

Securities watchdog seeks 500 mil. yen fine on Nikko

TOKYO, Japan - Nikko Cordial group Vice President Hiroaki Sugioka speaks during a news conference in Tokyo on Dec. 18 as Japan's securities authorities the same day recommended a largest-ever fine of 500 million yen against Nikko Cordial Corp. for falsifying its group's financial statement for fiscal 2004.

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(2)Roh says S. Korea ready to welcome Emperor Akihito's visit

(2)Roh says S. Korea ready to welcome Emperor Akihito's visit

SEOUL, South Korea - South Korean President Roh Moo Hyun speaks at a New Year's press conference at the presidential palace on Jan. 13. Roh noted that Emperor Akihito has a ''standing invitation'' to visit South Korea, which was under imperial Japan's colonial rule from 1910-1945. ''We are ready to welcome him and he would be met with the most cordial reception here,'' the president said.

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(1)Roh says S. Korea ready to welcome Emperor Akihito's visit

(1)Roh says S. Korea ready to welcome Emperor Akihito's visit

SEOUL, South Korea - South Korean President Roh Moo Hyun speaks in New Year's press conference at the Blue House presidential palace in Seoul on Jan. 13. Roh said that if Japanese Emperor Akihito visits South Korea, he would be ''met with the most cordial reception.''

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Citigroup to cut equity stake in Nikko Cordial

Citigroup to cut equity stake in Nikko Cordial

TOKYO, Japan - Junichi Arimura (L), president of Nikko Cordial Corp., and Deryck Maughan, chairman and chief executive officer of Citigroup International, shake hands at the end of their joint news conference in Tokyo on June 21.

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Nikko Cordial appoints Arimura as president

Nikko Cordial appoints Arimura as president

TOKYO, Japan - Nikko Cordial Corp. said March 3 it has decided to appoint Nikko Cordial Securities Inc. President Junichi Arimura (file photo) as president, replacing current president Masashi Kaneko.

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(2)Nikko Cordial appoints Arimura as president

(2)Nikko Cordial appoints Arimura as president

TOKYO, Japan - Junichi Arimura (L), president of Nikko Cordial Securities Inc., speaks at a news conference in Tokyo on March 3 after Nikko Cordial Corp. decided to appoint him as its president, succeeding Masashi Kaneko (R).

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China donates new batch of COVID-19 vaccines to Zimbabwe

STORY: China donates new batch of COVID-19 vaccines to Zimbabwe DATELINE: Nov. 26, 2022 LENGTH: 00:00:45 LOCATION: Harare CATEGORY: HEALTH SHOTLIST: 1. various of the donation ceremony 2. SOUNDBITE (English): AUXILLIA MNANGAGWA, First Lady of Zimbabwe STORYLINE: China on Friday donated a new batch of COVID-19 vaccines to Zimbabwe to aid its fight against the pandemic. SOUNDBITE (English): AUXILLIA MNANGAGWA, First Lady of Zimbabwe "We humbly appreciate this noble gesture by our comprehensive strategic partner. The donation symbolizes the close cordial relations between the two countries and vividly reflects the strong bonds of solidarity that exist between our two nations. This donation today is ample proof that the government of the People's Republic of China remains committed to assisting the country to achieve herd immunity thereby reducing the severity of COVID-19 cases and its associated adverse impacts." Xinhua News Agency correspondents reporting from Harare. (XHTV)

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THAILAND-BANGKOK-XI JINPING-THAI KING-MEETING

THAILAND-BANGKOK-XI JINPING-THAI KING-MEETING

(221119) -- BANGKOK, Nov. 19, 2022 (Xinhua) -- Chinese President Xi Jinping has a cordial conversation with Thailand's King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua at the Grand Palace in Bangkok, Thailand, Nov. 18, 2022. Xi and Madame Peng Liyuan met with Thailand's King Vajiralongkorn and Queen Suthida Bajrasudhabimalalakshana here on Friday night. (Xinhua)

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NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

(220513) -- ALOFI, May 13, 2022 (Xinhua) -- Zhao Quanyou, an equipment operator of a China-aided road project, cooks meal at his place in Alofi, Niue, April 10, 2022. Zhao Quanyou had never imagined that his efforts would someday garner admiration in a foreign country. The 55-year-old equipment operator of a China-aided road project in Niue said he was astonished and felt deeply honored upon receiving a cordial invitation from Niue's cabinet as well as letters of appreciation from both the country and the Chinese embassy in New Zealand. TO GO WITH "Profile: Chinese construction worker lauded for altruistic efforts abroad" (Xinhua)

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NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

(220513) -- ALOFI, May 13, 2022 (Xinhua) -- Cabinet members meet with Zhao Quanyou (2nd L), an equipment operator of a China-aided road project, in Alofi, Niue, April 14, 2022. Zhao Quanyou had never imagined that his efforts would someday garner admiration in a foreign country. The 55-year-old equipment operator of a China-aided road project in Niue said he was astonished and felt deeply honored upon receiving a cordial invitation from Niue's cabinet as well as letters of appreciation from both the country and the Chinese embassy in New Zealand. TO GO WITH "Profile: Chinese construction worker lauded for altruistic efforts abroad" (Xinhua)

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NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

NIUE-CHINESE CONSTRUCTION WORKER-PLAUDITS

(220513) -- ALOFI, May 13, 2022 (Xinhua) -- Zhao Quanyou, an equipment operator of a China-aided road project, repairs a machine in Alofi, Niue, April 10, 2022. Zhao Quanyou had never imagined that his efforts would someday garner admiration in a foreign country. The 55-year-old equipment operator of a China-aided road project in Niue said he was astonished and felt deeply honored upon receiving a cordial invitation from Niue's cabinet as well as letters of appreciation from both the country and the Chinese embassy in New Zealand. TO GO WITH "Profile: Chinese construction worker lauded for altruistic efforts abroad" (Xinhua)

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XINHUA-PICTURES OF THE YEAR 2021-LEADING CHINA

XINHUA-PICTURES OF THE YEAR 2021-LEADING CHINA

(220106) -- BEIJING, Jan. 6, 2022 (Xinhua) -- Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, has cordial exchanges with Sun Jiadong and Luan Enjie while meeting representatives of space scientists and engineers who participated in the research and development of the Chang'e-5 lunar mission in Beijing, capital of China, Feb. 22, 2021. Xi Jinping met representatives of space scientists and engineers who participated in the research and development of the Chang'e-5 lunar mission at the Great Hall of the People in Beijing on Feb. 22, 2021. Xi also visited an exhibition on the lunar samples brought back by the Chang'e-5 probe and China's lunar exploration achievements as well. Li Keqiang, Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji, and Han Zheng, all members of the Standing .....

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Securities watchdog seeks 500 mil. yen fine on Nikko

Securities watchdog seeks 500 mil. yen fine on Nikko

TOKYO, Japan - Nikko Cordial group Vice President Hiroaki Sugioka speaks during a news conference in Tokyo on Dec. 18 as Japan's securities authorities the same day recommended a largest-ever fine of 500 million yen against Nikko Cordial Corp. for falsifying its group's financial statement for fiscal 2004. (Kyodo)

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2 top Nikko Cordial executives to resign

2 top Nikko Cordial executives to resign

TOKYO, Japan - Nikko Cordial Corp. President Junichi Arimura (R) and Chairman Masashi Kaneko (L) speak on the falsification of group earnings for fiscal 2004 during a news conference in Tokyo on Dec. 25. The two executives will step down to take responsibility for the falsification. (Kyodo)

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Kuwashima named as new president of Nikko Cordial

Kuwashima named as new president of Nikko Cordial

TOKYO, Japan - Nikko Cordial Corp. said Dec. 25 it has decided to appoint Chief Information Technology Officer Shoji Kuwashima (file photo) as its president effective Dec. 26 to replace Junichi Arimura who is stepping down to take responsibility for the falsification of group earnings for fiscal 2004. (Kyodo)

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2 top Nikko Cordial executives to resign

2 top Nikko Cordial executives to resign

TOKYO, Japan - Nikko Cordial Corp. President Junichi Arimura (R) and Chairman Masashi Kaneko (L) apologize for the falsification of group earnings for fiscal 2004 during a news conference in Tokyo on Dec. 25. (Kyodo)

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New head of Nikko Cordial vow to strengthen corporate governance

New head of Nikko Cordial vow to strengthen corporate governance

TOKYO, Japan - New Nikko Cordial Corp. President Shoji Kuwashima (R) speaks during a news conference in Tokyo on Dec. 28. He vowed to strengthen corporate governance and increase transparency in the group's business after it came under fire for falsifying its earnings. (Kyodo)

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Nikko Cordial to seek 3.1 bil. yen damages from 3 former execs

Nikko Cordial to seek 3.1 bil. yen damages from 3 former execs

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (C) bow in apology at a news conference in Tokyo on Feb. 27 after the brokerage submitted a corrected version of its financial statements to the Finance Ministry following an accounting fraud late last year. The company said it will file a lawsuit against three former top group executives to seek a total of 3.1 billion yen ($25.94 million) in damages for their alleged involvement in the fraud. (Kyodo)

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Scandal-tainted Nikko Cordial likely to be delisted in April

Scandal-tainted Nikko Cordial likely to be delisted in April

TOKYO, Japan - The head office of Nikko Cordial Corp., located next to the Tokyo Stock Exchange in central Tokyo. Nikko Cordial, Japan's third-largest brokerage house, faces delisting from the Tokyo Stock Exchange in April over alleged accounting fraud, sources familiar with the matter said Feb. 28. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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TSE OKs continued listing of Nikko Cordial despite accounting fr

TSE OKs continued listing of Nikko Cordial despite accounting fr

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro briefs reporters on March 12 on the TSE's decision to keep Nikko Cordial Corp., Japan's third-largest brokerage group, listed on the Tokyo bourse despite its falsification of financial statements. (Kyodo)

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TSE OKs continued listing of Nikko Cordial despite accounting fr

TSE OKs continued listing of Nikko Cordial despite accounting fr

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro briefs reporters on March 12 on the TSE's decision to keep Nikko Cordial Corp., Japan's third-largest brokerage group, listed on the Tokyo bourse despite its falsification of financial statements. (Kyodo)

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No change to Nikko-Citigroup tie-up plan

No change to Nikko-Citigroup tie-up plan

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima said at a news conference in Tokyo on March 12 that there will be no change to its plan to form a capital and business tie-up with Citigroup Inc., even though Japanese bourses decided not to delist Nikko's stock over its involvement in accounting fraud. (Kyodo)

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