Tokyo: Shares up, Sharp tumbles after Foxconn bailout
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Tokyo shares closed higher on Thursday, boosted by higher oil prices, while Sharp tumbled nearly 15 per cent after accepting a multi-billion-dollar bailout from the parent company of Taiwan's Foxconn.
The benchmark Nikkei 225 index at the Tokyo Stock Exchanged gained 1.41 per cent, or 224.55 points, to close at 16,140.34, rising for the first time in three days.
The broader Topix index of all first-section shares was up 1.79 per cent, or 23.01 points, at 1,307.54.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
