Takata shares plummeted by more than 50 percent in early trade Thursday on fears the troubled airbag maker plans to file for bankruptcy and sell its assets to a US company. The company at the centre of the global auto industry’s biggest-ever safety recall has tumbled for four straight days and is now worth less … Read more
Takata shares plunged again Wednesday, losing almost half of their value in just three days of trading on reports the troubled Japanese airbag maker will file for bankruptcy protection and sell its assets to a US company. Takata, at the centre of the auto industry’s biggest ever safety recall, finished at 244 yen, tumbling by … Read more
Takata shares dropped nearly 20 percent on Thursday after a media report said the embattled Japanese airbag maker was considering filing for bankruptcy protection and then rolling its key businesses into a new company. The stock price fell 19.53 percent to 412 yen ($3.70) — the daily limit loss of 100 yen — after the … Read more
Toshiba shares dropped Tuesday morning as a report said the huge conglomerate may warn that its future is in jeopardy owing to huge losses in its nuclear power business. Japan’s leading Nikkei business daily said Toshiba would issue the red flag as it reports nine-month earnings later in the day. Shares in the beleaguered company, … Read more
Toshiba shares dropped Tuesday morning as a report said the huge conglomerate may warn that its future is in jeopardy owing to huge losses in its nuclear power business. Japan’s leading Nikkei business daily said Toshiba would issue the red flag as it reports nine-month earnings later in the day. Shares in the beleaguered company, … Read more
Tokyo shares closed higher Wednesday with the Nikkei index ending at a roughly nine-and-a-half-month high, as U. S. stocks climbed overnight on upbeat U.S. retail sales data and oil prices rebound. The 225-issue Nikkei Stock Average ended up 194.06 points, or 1.10 percent, from Tuesday at 17,862.21. The broader Topix index of all First Section … Read more