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Asian stock market: Japan's Nikkei opens higher

Asian stock market: Japan's Nikkei opens higher

Mon, May 27, 2019

Tokyo stocks opened higher on Monday as investors` sentiment was bolstered by US shares advancing late last week on Wall Street.

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

Mon, Jan 15, 2018

SoftBank Group plans to list its mobile phone business and raise some $18 billion, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate`s transformation into a global technology investor.

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed - sources

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed - sources

Sat, Nov 18, 2017

Toshiba, reeling from the bankruptcy of its U.S. nuclear unit Westinghouse Co in the wake of an accounting scandal, needs to raise 750 billion yen ($6.7 billion) by the end of March to avoid being kicked off the Tokyo Stock Exchange.

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Lack of clarity on Toshiba earnings audit is a problem, says Japan's Finance Minister

Lack of clarity on Toshiba earnings audit is a problem, says Japan's Finance Minister

Wed, Apr 12, 2017

Toshiba filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the industrial conglomerate.

Toshiba's Westinghouse seeks U.S. bankruptcy financing - sources

Toshiba's Westinghouse seeks U.S. bankruptcy financing - sources

Tue, Mar 21, 2017

Toshiba is reviewing proposals from financial institutions and investment firms about a so-called debtor-in-possession loan, which would carry the company through a potential bankruptcy, said two people familiar with the situation. The size of this financing package is expected to exceed $500 million, the people added.

Toshiba shares dive after second earnings extension sought

Toshiba shares dive after second earnings extension sought

Tue, Mar 14, 2017

The extension would be the second after Toshiba postponed it a month ago to probe potential problems at Westinghouse. In early trading, Toshiba shares fell 4.8 percent to 204.6 yen, against the broader market`s 0.2 percent decline.

As nuclear loss grows, Toshiba needs chip investors, soon

As nuclear loss grows, Toshiba needs chip investors, soon

Sun, Jan 22, 2017

With mounting writedowns from its nuclear business, Japan`s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones.

Takata shares dive 17% on bankruptcy restructuring report

Takata shares dive 17% on bankruptcy restructuring report

Thu, Jan 19, 2017

The stock of Takata fell down 17% on the Tokyo Stock Exchange on Thursday on the back of bankruptcy restructing plan.

ICICI Bank's international bond of Rs 590 crore sold under Tokyo Pro-Bond Programme

ICICI Bank's international bond of Rs 590 crore sold under Tokyo Pro-Bond Programme

Fri, Dec 09, 2016

ICICI Bank plans fund raising in single/multiple tranches in any currency through public/private placement by way of issuance of debt instruments for remaining period of FY17.

Fuel-efficiency scandal: Mitsubishi loses $2.5 billion in market cap

Fuel-efficiency scandal: Mitsubishi loses $2.5 billion in market cap

Thu, Apr 21, 2016

The company's shares plunged after the company's admission to false fuel efficiency tests led to Japanese transport ministry officials descended on a company research and development centre

Asian shares climb to a five-and-a-half month high as oil rallies

Asian shares climb to a five-and-a-half month high as oil rallies

Thu, Apr 21, 2016

The euro traded nearly flat at $1.1299, having fallen 0.5 percent.

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