Toshiba dives to 35-year low as Tokyo shares turn lower

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TOKYO: Toshiba shares dived to a 35-year low on Friday after the company widened its full-year loss forecast to an eye-watering $6.0 billion, while a stronger yen helped drag the Nikkei into the red.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 1.49 percent, or 253.43 points, to 16,791.56 by the break, while the broader Topix index of all first-section shares dropped 1.82 percent, or 25.24 points, to 1,363.57.