TOKYO STOCK EXCHANGE

Asian equity indexes are getting whacked on Monday a lot like European and U.S. stock indexes got whacked on Friday, with all of those open at this time having shed between 1 percent and 3 percent in the early going.

Sumitomo Metal Mining Co., Ltd. (TYO:5713), a major Japanese non-ferrous metal miner, said Tuesday it has discovered a new gold deposit containing about 40 metric tons of gold at its Pogo mine in Alaska.

Tokyo District Public Prosecutor's Office said Wednesday it had charged the individuals for falsifying financial statements in a bid to hide company losses for the financial years 2006 and 2007.

Japanese prosecutors are considering indicting the Olympus Corp. as a company for falsifying its financial reports to conceal huge investment losses in a $1.7 billion scandal, the Kyodo news agency reported on Sunday, quoting investigative sources.

The Tokyo Stock Exchange suffered a major glitch in cash-share trading for the first time in six years on Thursday that prevented morning trade in some 240 shares and instruments, including Sony Corp , and provoked anger among traders.

Japanese electronics giant NEC Corp. stunned the Japanese markets Thursday, announcing it expected to lose ¥100 billion ($1.3 billion) and lay off 10,000 employees globally next year. The view -- announced during the company's quarterly earnings release conference call -- was a wild swing from previous statements, where the company had set positive 2012 earnings guidance of ¥15 billion.

The Nikkei average ended flat on Monday to halt a four-day winning streak, with early gains capped by market worries over Greece after negotiations with private creditors failed, raising the stakes for a meeting later in the day at which euro zone finance ministers will decide terms for a debt restructuring.

A Japanese banker who is a key figure in the Olympus Corp. accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.

Samsung Electronics ruled out making a bid for the healthcare business of Japan's troubled Olympus Corp on Friday, though a source close to the South Korean firm said it remained open to some form of non-equity partnership.

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.

Japanese prosecutors raided offices of Olympus Corp and the home of a former executive Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.

Japanese prosecutors raided Olympus Corp units on Wednesday in connection with a huge accounting scandal that has threatened the existence of the 92-year-old maker of cameras and medical equipment, Japanese media reported.

Michael Woodford, the ousted boss of Japan's Olympus Corp, has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.

Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares, with Japanese high-tech stalwarts Sony and Fujifilm seen as possible buyers, as it tries to bolster its depleted finances, the Nikkei business daily reported Tuesday.

Police, prosecutors, and the Japanese securities watchdog may launch a raid on the offices of the disgraced Olympus Corp. this week on suspicion the company falsified financial accounts, Kyodo News has reported, citing investigative sources.

Japan's Nikkei share average rose modestly on Friday after signs of strength in the U.S. economy but it slipped for the week, as investors continue to worry about the impact of Europe's debt crisis.

Japan has signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.