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TOKYO -- U.S. investment bank Lehman Brothers Inc. appears to have been a victim of a fraud in which swindlers used forged documents from one of Japan's biggest trading companies to bilk it out of as much as $250 million.
Late last year, a unit of the New York-based investment bank issued loans to a fund run by a medical consulting company owned by LTT Bio-Pharma Co., a Japanese biotechnology company based in Tokyo. The funds, ...
Five blue-chip stocks have accounted for about one-third of the rally in the Dow since the financial crisis.
The Internet and social media in Kenya, which played a central role in this year's elections by allowing Kenyans to question candidates, took on a new function Tuesday—spreading messages of peace to avert new bloodshed.
The U.S. and China introduced a new round of sanctions against North Korea at the United Nations that the U.S. said would significantly impede the development of Pyongyang's nuclear and missile programs, in response to its test last month of an atomic bomb.
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