December 28, 2016 BY Valentina Kirilova

Toshiba shares drop 20%, hit daily limit

Toshiba Corp (6502.T) shares plunged 20% today (Wednesday), hitting the Tokyo exchange's daily downward limit after the company said it could face a multi-billion dollar charge on a U.S. nuclear power business bought last year. The surprise warning arrives just as soon as the group recovers from a $1.3 billion accounting scandal, as well as a…

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