Toshiba shares fell over 10 percent on the Tokyo market on nuclear power business

News Hour:

Toshiba shares fell over 10 percent on the Tokyo market on Thursday following media reports of expanding losses at its US nuclear power business.

Toshiba dived 10.74 percent to 257.4 yen in early trade after the Nikkei business daily reported the troubled conglomerate could incur losses of more than 500 billion yen ($4.4 billion) in the nuclear reactor business, reports BSS.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments