Tue, 21-Oct-2025

Toshiba sets March date for vote on spin-off plan

toshiba

TOKYO: Japanese conglomerate Toshiba said Monday it would hold an extraordinary meeting of shareholders on March 24 to vote on its plan to spin off its devices unit. The ballot will not be legally binding but is intended to “confirm the views of our shareholders regarding moving forward”, Toshiba said, with a binding resolution to be … Read more

Tokyo shares fall ahead of Fed decision

TOKYO – Tokyo stocks fell on Tuesday, extending falls on Wall Street ahead of a US Federal Reserve decision and with markets weighing worries over the latest coronavirus variant. The benchmark Nikkei 225 index dropped 0.73 percent, or 207.85 points, to 28,432.64, while the broader Topix index lost 0.22 percent or 4.32 points at 1,973.81. … Read more

Tokyo stocks plunge on variant fears

TOKYO – Tokyo stocks ended sharply lower on Friday, falling over three percent at one point, as news of a new Covid-19 variant spooked investors and strengthened the safe haven yen. The benchmark Nikkei 225 index managed to trim losses in late trade and ended down 2.53 percent or 747.66 points to 28,751.62. The broader … Read more