Tag: Development Bank of Japan

  • Toshiba’s nuclear power write-down chaos is wider than expectations

    Toshiba’s nuclear power write-down chaos is wider than expectations

    The laptops-to-hydro power giant Toshiba’s stock plunged almost 16% on reports that already battered Japanese firm faces wider losses at its US nuclear power industry.There is an apprehension that Toshiba will need to write down the value of the unit by a larger than previously forecasted 700 billion yen ($6.1 billion). Unofficial reports have highlighted…