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TOKYO, Japan (AFP) — Tokyo stocks rose Thursday morning after the Dow topped 20,000 points for the first time on hopes US President Donald Trump’s economic plans will ramp up growth. The surge was the latest sign that investors are brushing aside worries about Trump’s bent towards trade protectionism and instead betting that the White House and Republican Congress will usher in tax cuts, spend big on infrastructure and slash red tape. “The US economy […]
TOKYO, Japan (AFP) — Shares in Toshiba dived more than 10 percent Tuesday on reports it is likely to record a huge special loss related to a US subsidiary’s acquisition of a nuclear power service company. Toshiba shares traded 10.4 percent lower at 397.10 yen in morning trading, paring an earlier loss of as much as 16.3 percent. The company is expected to report a roughly 100 billion yen ($850 million) one-time loss for the […]
