Nissan to oust Ghosn after arrest for alleged financial misconduct

13 Sept 21:07 Key points summarised by AI

Nissan Chairman Carlos Ghosn was arrested for alleged financial misconduct, facing imminent dismissal from the board following an internal investigation.
The investigation revealed Ghosn under-reported his earnings for years and misused company funds, prompting CEO Hiroto Saikawa to cite 'governance problems' due to concentrated power.
The scandal has cast doubt on the future of the Renault-Nissan-Mitsubishi alliance, which Ghosn shaped, and triggered significant drops in the share prices of both Nissan and Renault.

Six injured after car smashes into On Nut shopping mall

Yesterday 22:44 Key points summarised by AI

A 67-year-old woman drove her car through the glass frontage of a Bangkok shopping mall, injuring six people, including a six-year-old girl.
The driver claimed she accidentally pressed the accelerator instead of the brake after being startled, causing the vehicle to surge forward.
She apologized to the victims, promising insurance coverage and additional financial aid, while police continue to gather statements before filing charges.