Topic

Toshiba

Toshiba to cut up to 4,000 jobs in Japan

Published 16 May, 2024 02:57pm

TOKYO: Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically...

Toshiba prepares for $14bn deal to go private

Published 07 Aug, 2023 02:53pm

TOKYO: Toshiba said a previously announced scheme to take the troubled Japanese conglomerate private in a deal worth...

Toshiba board recommends shareholders support JIP-led $14bn buyout

Published 08 Jun, 2023 09:42am

TOKYO: Japan’s Toshiba Corp said on Thursday its board of directors has decided to recommend shareholders take up a...

Toshiba posts 35pc decline in full-year net profit

Published 15 May, 2023 06:41am

TOKYO: Japanese conglomerate Toshiba on Friday said full-year net profit fell by more than a third due partly to ...

$15bn scramble for Japan’s Toshiba went from bang to whimper

Published 03 Apr, 2023 06:36am

TOKYO: Toshiba Corp’s auction was supposed to ignite a race for top-dollar bids among global private equity firms....

Toshiba says it will ‘support’ $15bn takeover bid

Published 27 Mar, 2023 07:33am

TOKYO: Troubled Japanese conglomerate Toshiba said Thursday it will “support” a $15 billion takeover bid by a...

Fate of management at Japan’s Toshiba a cause of friction for bidders and banks

Published 07 Nov, 2022 07:01am

TOKYO: Disagreement over whether to keep Toshiba Corp’s management following a potential buyout caused friction...

Toshiba in early talks with 10 potential buyout ‘partners’

Published 16 May, 2022 05:42am

TOKYO: Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going...

Toshiba delays unveiling of board nominations for June meeting

Published 13 May, 2022 09:46am

TOKYO: Toshiba Corp said on Friday it has delayed announcements on board director nominations as it needs more time...

Toshiba holds key shareholder vote on spin-off plan

Published 24 Mar, 2022 10:18am

TOKYO: Toshiba shareholders will vote Thursday on a plan to split the embattled Japanese conglomerate into two that...

Toshiba unveils new plan to split into two companies

Published 07 Feb, 2022 09:28am

TOKYO: Japan's Toshiba on Monday announced plans to split into two companies, revising proposals to divide into ...

Major Toshiba shareholder objects to break-up, urges board to solicit offers

Published 25 Nov, 2021 03:53am

TOKYO: Toshiba Corp’s second-largest shareholder on Wednesday objected to the Japanese conglomerate’s plan to...

Iconic corporate names breaking up in trend to boost value

Published 15 Nov, 2021 04:55am

Three multinational giants — General Electric, Johnson & Johnson and Toshiba...

Iconic corporate names breaking up in trend to boost value

Published 14 Nov, 2021 04:12am

Three multinational giants - General Electric, Johnson & Johnson and Toshiba - this week announced plans to ...

Toshiba to split into three firms

Published 13 Nov, 2021 04:08am

TOKYO: Storied Japanese conglomerate Toshiba will split into three companies, it said Friday, following a campaign ...

Toshiba execs behaved unethically in pressuring overseas shareholders, report finds

Published 12 Nov, 2021 09:34am

TOKYO: Toshiba Corp executives including its former CEO behaved unethically, albeit not illegally, with respect to...

Toshiba to split business

Published 10 Nov, 2021 05:47am

TOKYO: Toshiba plans to split into three companies as early as 2023, a report said Tuesday, after a series of crises...

Toshiba to split business into three: report

Updated 09 Nov, 2021 11:47am

TOKYO: Toshiba plans to split into three companies as early as 2023, a report said Tuesday, after a series of crises...

Toshiba says board has not yet decided on best strategic option

Published 08 Sep, 2021 11:19am

TOKYO: Toshiba Corp said on Wednesday its board has not yet decided on the most appropriate strategic option for the...

Nikkei ends flat

Published 25 Jun, 2021 04:20am

TOKYO: Japanese shares were flat on Thursday as uncertainty over domestic corporate earnings kept investors on the...

Harvard wasn't pressured over Toshiba, former Japan adviser says

Published 23 Jun, 2021 09:51am

A spokesperson for HMC declined to comment for this article.

Toshiba apologises to shareholders after vote probe

After sweeping restructuring, its earnings rebounded and it returned to the prestigious first section of the Tokyo Stock Exchange in January.

Toshiba chairman issues cautious statement on CVC's take-private offer

Published 09 Apr, 2021 09:25am

The chairman of Toshiba Corp's board on Friday issued a cautious statement on CVC Capital Partners' recent offer to take the company private.

Tokyo stocks open lower in cautious trade

Published 08 Apr, 2021 09:49am

Hitachi was trading down 0.75 percent at 5,008 yen.

Markets waver but London boosted by Toshiba news

Published 07 Apr, 2021 04:43pm

The news also partly buoyed Tokyo stocks as media reports suggested the deal could be worth about $20 billion (17 billion euros).

Japanese shares end higher on bargain-hunting; Toshiba surges

Published 07 Apr, 2021 12:55pm

Its peers Kawasaki Kisen advanced 4.04% and Mitsui OSK Lines climbed 2.62%.

Toshiba to weigh buyout offer from UK fund

Published 07 Apr, 2021 10:19am

The move, if successful, would allow the firm to concentrate resources on renewable energies and other core businesses, the reports added.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Fateh Sports / Jun 4 Fateh Sports Wear Limited(FSWL)	88.32 ▲ 8.03 (10%)
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	25.43 ▲ 2.31 (9.99%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)

Stock	Price
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	106 ▼ -9.45 (-8.19%)
ARM Green Industries / Jun 4 ARM Green Industries Limited(ARMG)	49 ▼ -4.33 (-8.12%)
Gulshan Sp. / Jun 4 Gulshan Spinning Mills Limited(GSPM)	5.80 ▼ -0.38 (-6.15%)
Dewan Textile / Jun 4 Dewan Textile Mills Limited(DWTM)	9.05 ▼ -0.59 (-6.12%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28 ▼ -1.78 (-5.98%)
Paramount Mod / Jun 4 First Paramount Modaraba(FPRM)	13.10 ▼ -0.8 (-5.76%)
United Brands / Jun 4 United Brands Limited(UBDL)	23.52 ▼ -1.08 (-4.39%)
Sindh Abadgar / Jun 4 Sindh Abadgar's Sugar Mills Limited(SASML)	388 ▼ -17 (-4.2%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.90 ▼ -1.71 (-4.11%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	46,614,264 ▲ 0.2
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	14,370,074 ▲ 1.81
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	13,564,344 ▲ 2.31
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	12,545,113 ▲ 0.34
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	10,511,619 ▲ 0.43
Telecard Limited / Jun 4 Telecard Limited(TELE)	9,662,263 ▲ 0.35
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	8,302,382 ▲ 0.09
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	8,186,166 ▲ 0.36
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	7,641,504 ▲ 0.02
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	7,029,685 ▲ 0.35

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