Investors dumped shares in Kobe Steel (KBSTY) again on Wednesday, scything another $700 million off its market value. The plunge followed an equally dizzying slump on Tuesday, October 10, 2017. Credit: Getty Images/Shutterstock/CNNMoney
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The Kobe Steel Scandal: What We Know So Far
It's the latest big scandal to rock corporate Japan. Kobe Steel, a century-old industrial giant, has admitted to falsifying data on products sold to top customers like Boeing and Toyota.
