The Nissan board is expanding its powers in the wake of the Carlos Ghosn arrest for alleged financial wrong doing. The move comes as Japanese prosecutors decide later today whether to escalate the case against him after more than seven weeks.

The cost of Ghosn's arrest to Nissan investors

Nissan's much awaited board meeting wraps up today without a decision on Carlos Ghosn's successor as chairman.

Japanese prosecutors have reportedly added new charges against Carlos Ghosn. The move comes after a court rejected a request to extend the former Nissan chairman's detention over allegations he underreported his income.

The ousted Nissan chairman was also served a new arrest warrant on separate allegations of underreporting his income, according to local media reports. Nissan and another of its former executives were also charged.

The future of the Renault, Nissan, Mitsubishi alliance hangs in the balance as the saga surrounding its chairman Carlos Ghosn enters its second week.

Zuhair Khan, head of research at Jefferies Japan, talks about the dismissal of Carlos Ghosn as Nissan Motor chairman, and what it says about corporate governance in the country.

Christopher Richter, deputy head of Japan research at CLSA, discusses the surprise arrest of Nissan Chairman Carlos Ghosn, Nissan's shareholder structure and his outlook for the companies involved.

Michelle Krebs, an executive analyst at researcher Autotrade, talks about the effect of Carlos Ghosn's arrest on corporate Japan and where Renault, Nissan and Mitsubishi alliance is headed.

Janet Lewis, Asia industrials and transportation research head at Macquarie Group, discusses the arrest of Carlos Ghosn and what it means for Nissan and for markets.

Nissan chairman Carlos Ghosn has been reportedly arrested on suspicion of financial misconduct.

Nissan intends to spend 1 trillion yen ($9 billion) over five years in China as it vies to become the largest global electrified vehicle maker in the country.