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Toshiba shares jump as delisting fears ease

Published Wed, Aug 9, 2017 · 09:50 PM

Tokyo

TOSHIBA shares jumped on Wednesday on expectations that it will meet a deadline to submit long-delayed earnings to financial regulators, easing fears that the troubled conglomerate's stock will be yanked from the Tokyo Stock Exchange.

The shares soared more than 9 per cent in early trading, before closing at 290 yen (S$3.60), up 3.2 per cent.

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