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Taiwan: Typhoon Danas Batters Southern Region, Leaving Widespread Damage 3

Typhoon Danas made landfall near Chiayi's Budai Township around 11:40 p.m. on Sunday, July 6, bringing gusty winds and heavy rainfall to the southern region. Typhoon Danas weakened to a tropical storm after its eye departed Taiwan early Monday.

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Ex-Livedoor head Horie released on parole

TOKYO, Japan - Former Livedoor Co. President Takafumi Horie holds a press conference in Tokyo on March 27, 2013, after being paroled from prison having served 21 months of a 30-month sentence for accounting fraud.

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Ex-Livedoor head Horie released on parole

TOKYO, Japan - Former Livedoor Co. President Takafumi Horie bows at a press conference in Tokyo on March 27, 2013, after being paroled from prison having served 21 months of a 30-month sentence for accounting fraud.

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Ex-Livedoor chief Horie

TOKYO, Japan - Takafumi Horie, former president of Internet firm Livedoor Co., answers reporters' questions as he appeared at the Tokyo High Public Prosecutors Office on June 20, 2011, for procedures to imprison him over accounting fraud

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Ex-Livedoor execs ordered to pay 7.6 bil. yen in compensation

TOKYO, Japan - Plaintiffs speak at a press conference after the Tokyo District Court on May 21 ordered Livedoor Co., now LDH Corp., Takafumi Horie, the founder and former president of Livedoor, and other former Livedoor executives to pay about 7.63 billion yen in compensation for stock losses they caused the company through securities law violations.

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High court upholds 2 1/2-yr term for Livedoor founder Horie

TOKYO, Japan - A group of lawyers for Takafumi Horie, the founder of the Livedoor Co. group, enter the Tokyo High Court on July 25. The Court upheld a lower court ruling sentencing Horie to two years and six months in prison without suspension for his involvement in accounting fraud and other securities law breaches.

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Livedoor eyes damages suit against Horie, other ex-execs

TOKYO, Japan - Livedoor Co. President Kozo Hiramatsu speaks at a press conference in Tokyo on March 23. He said the company is willing to seek damages from its convicted founder Takafumi Horie and other former top executives now that a court has made a series of judgments condemning accounting fraud by the once high-flying Internet and financial services company.

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Livedoor founder Horie given 2 1/2-year prison term

TOKYO, Japan - People make a long line to get tickets to enter the Tokyo District Court on March 16 to observe a court ruling on Takafumi Horie, Livedoor Co. group founder charged with securities law breaches.

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Line long to get tickets for Horie's 1st court hearing

TOKYO, Japan - A long line forms in front of the Tokyo District Court in central Tokyo on Sept. 4 as people try to get admission tickets for the first hearing of former Livedoor Co. President Takafumi Horie over the alleged securities law violation case.

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Livedoor holds shareholders meeting

CHIBA, Japan - Livedoor Co. President Kozo Hiramatsu (on monitor screen) explains Livedoor's activities at the company's extraordinary shareholders meeting at the Makuhari Messe convention center in Chiba near Tokyo on June 14.

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Livedoor holds shareholders meeting

CHIBA, Japan - Livedoor Co. shareholders head for the company's extraordinary shareholders meeting at the Makuhari Messe convention center in Chiba near Tokyo on June 14.

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Livedoor ends final trading day at 94 yen ahead of delisting

TOKYO, Japan - The name plate of Livedoor Co., the once high-flying Internet company, is removed from a price board at a brokerage house in Toyo's Yaesu district as the company ended its final trading day on the Tokyo Stock Exchange on April 13 on the eve of its delisting over alleged accounting fraud.

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Livedoor ends final trading day at 94 yen ahead of delisting

TOKYO, Japan - The name plate of Livedoor Co., the once high-flying Internet company, is removed from a price board at a brokerage house in Toyo's Yaesu district as the company ended its final trading day on the Tokyo Stock Exchange on April 13 on the eve of its delisting over alleged accounting fraud.

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Shareholders to launch damages suit against Livedoor in late May

TOKYO, Japn - Three lawyers representing some 1,000 shareholders in Livedoor Co. hold a press conference in Tokyo on April 13. They said their clients will launch a damages suit in late May against the Internet firm and its former executives in a bid to recover their losses from a sharp fall in its stock price following allegations of accounting fraud.

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Koizumi to outpace Nakasone as Japan's 3rd-longest-serving premier

TOKYO, Japan - Prime Minister Junichiro Koizumi speaks with reporters at his official residence on April 4. He will tie on April 5 with Yasuhiro Nakasone as the third-longest-serving prime minister in Japan's post-World War II history. ''I'm always guarded by something,'' Koizumi said, alluding to the main opposition Democratic Party of Japan's scandal over a fake e-mail at a time he was on the defensive over Livedoor Co.-linked and other scandals involving the government and his ruling party.

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Livedoor hopes Horie will reduce stake in company: president

TOKYO, Japan - Livedoor Co. President Kozo Hiramatsu (L) speaks at the Foreign Correspondents' Club of Japan in Tokyo on March 24. He expressed hope that former President Takafumi Horie, in detention since Jan. 23 over alleged accounting fraud, will reduce his equity stake in the embattled company.

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Usen's Uno ready to discuss management integration with Livedoor

TOKYO, Japan - Usen Corp. President Yasuhide Uno speaks in an interview with Kyodo News in Tokyo on March 23. Uno, who has personally bought Fuji Television Network Inc.'s 12.74 percent stake in Livedoor Co., expressed readiness to consider a management integration between the two firms.

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Usen President Uno to buy Fuji TV's entire stake in Livedoor

TOKYO, Japan - Yasuhide Uno (L), president of Usen Corp., and Kozo Hiramatsu, president of Livedoor Co., shake hands after a news conference at a Tokyo hotel. They announced that Uno will purchase Fuji Television Network Inc.'s entire stake in Livedoor Co. to form a business tie-up with Livedoor.

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Usen President Uno to buy Fuji TV's entire stake in Livedoor

TOKYO, Japan - Hisashi Hieda (L), chairman of Fuji television Network Inc., and Yasuhide Uno, president of Usen Corp., hold a press conference at a Tokyo hotel on March 16. They announced that Uno will purchase Fuji Television Network Inc.'s entire stake in Livedoor Co. for about 9.5 billion yen.

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Usen President Uno to buy Fuji TV's entire stake in Livedoor

TOKYO, Japan - Usen Corp. President Yasuhide Uno speaks at a press conference at a Tokyo hotel on March 16 about his purchase of Fuji Television Network Inc.'s entire stake in Livedoor Co.

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Usen mulls business tie-up with Livedoor

TOKYO, Japan - Photo taken late March 14 shows the building in Tokyo's Nagatacho which houses Usen Corp., Japan's major cable broadcaster, which is reported in negotiations with scandal-tainted Livedoor Co. on a possible business tie-up in the Internet services business.

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Livedoor to be delisted April 14

TOKYO, Japan - Livedoor Co. President Kozo Hiramatsu (C) bows at a press conference at the Tokyo Stock Exchange in Tokyo on March 13 after the TSE decided to delist Livedoor stock on April 14.

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Nishimuro announces Livedoor's delisting

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro tells a press conference in Tokyo on March 13 that the bourse will delist Livedoor Co. stock. The announcement came after the Securities and Exchange Surveillance Commission filed a fresh criminal complaint against the Internet company as well as against former President Takafumi Horie and four others over alleged securities law violations.

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TSE decides to delist Livedoor stock in mid-April

TOKYO, Japan - The Tokyo Stock Exchange decided March 13 to delist Livedoor Co. stock in mid-April as the Securities and Exchange Surveillance Commission filed a fresh criminal complaint with prosecutors against former five Livedoor Co. executives, including former President Takafumi Horie, and the company over alleged securities law violations. Photo taken the same day shows the Roppongi Hills building in Tokyo which houses Livedoor Co.

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Okuda says Livedoor may have to exit Keidanren

TOKYO, Japan - Hiroshi Okuda, chairman of the Japan Business Federation, tells reporters in Tokyo on March 13 that Livedoor Co. might be expelled from the nation's most influential business lobby if the ongoing investigations find the company to have engaged in more serious crimes than have been made public so far. The same day, the Tokyo Stock Exchange decided to delist Livedoor stock on April 14 as the Securities and Exchange Surveillance Commission filed a fresh criminal complaint against the company and five former executives over alleged securities law violations.

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Fuji TV to sue Livedoor for damages

TOKYO, Japan - Hisashi Hieda, chairman of Fuji Television Network Inc., said in Tokyo on March 9 the TV network will sue Livedoor Co. for compensatory damages in connection with huge latent losses caused by a plunge in the stock price of the Internet and financial services company. Livedoor stock has fallen sharply since the company became mired in an accounting fraud scandal in mid-January.

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DPJ thinks e-mail ruckus over, to pick Diet affairs chief quickly

TOKYO, Japan - Yoshihiko Noda (L), who will resign as Diet affairs chief of the opposition Democratic Party of Japan, again apologizes at a party executives' meeting on March 1 for disrupting the Diet by alleging that Livedoor Co. founder Takafumi Horie had in an e-mail ordered a payment to a son of ruling Liberal Democratic Party Secretary General Tsutomu Takebe. DPJ is seeking to pick Noda's successor as early as possible as it believes the uproar about the e-mail allegation has been settled with the apology by DPJ lawmaker Hisayasu Nagata and executives of the party.

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Horie will not return to Livedoor: Hiramatsu

TOKYO, Japan - Livedoor Co. President Kozo Hiramatsu speaks at a press conference in Tokyo on Feb. 24. He said that Takafumi Horie, the founder of the Internet firm who has been arrested over alleged securities law violations, will not be able to come back to the company, no matter the outcome of his trial.

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Nagata may resign as lawmaker over alleged Livedoor e-mail

TOKYO, Japan - Democratic Party of Japan leader Seiji Maehara speaks with reporters in Tokyo on Feb. 23 on reports that Hisayasu Nagata, a House of Representatives member from the opposition party, has indicated he may resign as a lawmaker over a controversy surrounding an e-mail message suspecting links between the Liberal Democratic Party and Internet firm Livedoor Co.

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Nagata may resign as lawmaker over alleged Livedoor e-mail

TOKYO, Japan - Hisayasu Nagata, a House of Representatives member from the Democratic Party of Japan, puts questions at a lower house budget committee session in a photo taken on FEb. 17. Party officials said that Nagata has indicated he may resign as a lawmaker over a controversy surrounding an e-mail message suspecting links between the Liberal Democratic Party and Internet firm Livedoor Co.

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Horie faces fresh arrest, Livedoor's future in doubt

TOKYO, Japan - Kozo Hiramatsu, president of Livedoor Co., speaks at a news conference at a hotel in Tokyo on Feb. 22 after Takafumi Horie, the company's former president, and three other former executives were served fresh arrest warrants on suspicion of inflating Livedoor group earnings.

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Livedoor Representative Director Kumagai arrested

TOKYO, Japan - Fumito Kumagai (file photo), representative director of Livedoor Co., was arrested on Feb. 22 on suspicion of falsifying the company's financial figures for the business year through September 2004. Former Livedoor President Takafumi Horie and three others were served fresh warrants on the same suspicion.

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Livedoor shareholders to seek damages from Horie for losses

TOKYO, Japan - Chohei Yonekawa (L), who heads a newly formed group of lawyers to help Livedoor shareholders, tells reporters in Tokyo on Feb. 21 that some Livedoor Co. shareholders plan to sue former President Takafumi Horie and other former top managers of the company around September to seek damages, saying they have suffered huge losses in purchasing its shares in the wake of allegations that the Livedoor group was involved in accounting fraud.

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Livedoor stock falls to lowest level since Jan. 16 raid

TOKYO, Japan - The stock price of Livedoor Co. dropped 30 yen, or 32.9 percent, on Feb. 13 from Feb. 10 to 61 yen per share (shown in photo taken in Tokyo's Chiyoda Ward), the lowest it has fallen since prosecutors raided the Internet company on Jan. 16 in connection with an accounting fraud scandal.

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Livedoor share price sinks below 100 yen for 1st time

TOKYO, Japan - An electric board at a securities company in Tokyo shows the price of Livedoor Co. closing at 94 yen on Feb. 1 after briefly dropping to 93 yen.

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Livedoor calls on Fuji TV to support restructuring

TOKYO, Japan - Koichi Murakami, president of Fuji Television Network Inc., speaks at a press conference at a Tokyo hotel on Jan. 27 after his talks with Livedoor Co. President Kozo Hiramatsu. Fuji Chairman Hisashi Hieda also attended the talks.

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Fuji TV chairman says backing Livedoor one option

TOKYO, Japan - Hisashi Hieda, chairman of Fuji Television Network Inc. (in photo) said Jan. 26 that supporting scandal-hit Livedoor Co. is among options the TV broadcaster, Livedoor's second-biggest shareholder, may consider.

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Fuji TV chairman says backing Livedoor one option

TOKYO, Japan - Fuji Television Network Inc. Chairman Hisashi Hieda (file photo) said Jan. 26 that supporting scandal-hit Livedoor Co. is among options the TV broadcaster, Livedoor's second-biggest shareholder, may consider.

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Livedoor stock traded for 1st time since prosecutors' raid

TOKYO, Japan - The price board at a Tokyo brokerage house shows the Livedoor Co. stock price (left) closed at 137 yen on Jan. 25, down 39 yen from the previous day. The stock changed hands on Jan. 25 for the first time in seven trading days in the Tokyo market since prosecutors' probe regarding the company's alleged securities law violations began.

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Horie steps down, Hiramatsu becomes president

TOKYO, Japan - New Livedoor Co. President Kozo Hiramatsu (3rd from right on the stage) and other executives of the company bow at a hurriedly arranged press conference at a Tokyo hotel on Jan. 24.

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Horie steps down, Hiramatsu becomes president

TOKYO, Japan - New Livedoor Co. President Kozo Hiramatsu (2nd from L) and other executives of the company bow at a hurriedly arranged press conference at a Tokyo hotel on Jan. 24. Takafumi Horie stepped down as president, a day after he was arrested on suspicion of violating securities laws.

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Horie steps down, Hiramatsu becomes president

TOKYO, Japan - Kozo Hiramatsu (R), newly appointed president of Livedoor Co., speaks at a hurriedly arranged press conference at a Tokyo hotel on Jan. 24, flanked by Fumito Kumagai, who was named director with the right to represent the company. Takafumi Horie stepped down as president, a day after he was arrested on suspicion of violating securities laws.

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Livedoor President Horie to step down

TOKYO, Japan - File photos show (from left to right) Kozo Hiramatsu, 60, Fumito Kumagai, 28, who was named president of Livedoor Co., and Fumito Kumagai, 28, who oversees the company's accounting and financial matters and will be given the right to represent the firm.

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TSE to limit Livedoor stock's trading hours to 1.5 hours from Wed.

TOKYO, Japan - Tokyo Stock Exchange President Taizo Nishimuro tells a press conference on Jan. 24 that the bourse limit daily trading hours for the stock of scandal-plagued Livedoor Co. to 1.5 hours to prevent a continuing flood of sell orders from disrupting the entire Tokyo bourse.

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Saikyo mulls scrapping plan to create Net bank with Livedoor

YAMAGUCHI, Japan - Mitsuhiro Ohashi, president of Saikyo Bank, a second-tier regional bank in Yamaguchi Prefecture, speaks to reporters in the city of Shunan in the prefecture on Jan. 24. Ohashi said the bank is considering scrapping a plan to set up an Internet bank with Livedoor Co.

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Livedoor President Horie arrested over alleged financial scam

TOKYO, Japan - A car carrying Livedoor Co. President Takafumi Horie leaves the Tokyo District Public Prosecutors' Office on Jan. 23. Horie was arrested along with three executives on suspicion of spreading false financial information to deceive investors.

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Livedoor President Horie arrested over alleged financial scam

OSAKA, Japan - People take out copies of a newspaper extra reporting the arrest of Livedoor Co. President Takafumi Horie at the JR Osaka Station on Jan. 23. Horie was arrested along with three executives on suspicion of spreading false financial information to deceive investors.

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Prosecutors grill Livedoor's Horie over alleged financial fraud

TOKYO, Japan - Livedoor Co. President Takafumi Horie (C) speaks to reporters at a press conference in Tokyo on Feb. 23, 2005, flanked by Chief Financial Officer Ryoji Miyauchi. Prosecutors began questioning Horie on Jan. 23 for allegedly spreading false financial information to deceive investors.

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Prosecutors grill Livedoor's Horie over alleged financial fraud

TOKYO, Japan - An electric board in Tokyo's Ginza district reports that prosecutors began questioning Livedoor Co. President Takafumi Horie on Jan. 23.

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Prosecutors grill Livedoor's Horie over alleged financial fraud

TOKYO, Japan - Photo taken on Jan. 23 shows the Mori Tower at Tokyo's Roppongi Hills which houses the headquarters of Livedoor Co. Prosecutors began questioning Livedoor Co. President Takafumi Horie for allegedly spreading false financial information to deceive investors.