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Bankruptcy. Gene otani joins us. Toshiba says it will file chapter 11 bankruptcy as it tries to rebuild its financials. Toshiba is expected to log a loss of about 6 billion this year. They plan to sell their majority stake in westinghouse and remove the subsidiary from the consolidate consolidated. Tokyo stocks Phoebe Amoroso has more. Lets take a look at the closing levels for this tuesday, march 28th. Nikkei finished at 19,202. The broader top ix rose 1. 3 . Oiler developer inpex and showa shell both closed higher. Shares bounced back after a weaker yen, including sumco, panasonic and tokyo ...

It lost out on a fighter jet deal in the euae. Russian president Vladimir Putin has reportedly freed the jailed typhoon khodorkovsky after a ten years in prison. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Were into the last Worldwide Exchange of the week. Plenty to get through on the program. Next, its two days after tapering and the ripples are still being felt across asset markets. Well measure the fallout. Its been well look at key drivers for the Global Property market. And the battle for control of italys Biggest Telecom continues as sha...

This is todays edition of worldwide exchange. Im ross westgate. Im kelly evans. These are your headlines from around the world the bulls are on the run. The dow hits an alltime high 164,286, surpassing the 2007 record. Telecom lead the beltway in europe with vodafone up more than 5 on report it could be eyeing a full merger with or sale to wireless giant verizon. Venezuela mourns the death of president hugo chavez as the rest of the world eyes the future of the countrys leadership and its vast oil reserves. One hour into the trading day in europe, fresh record highs on the dow. European stocks...

KUALA LUMPUR: KNM Group Bhd and its subsidiaries have proposed to undertake five corporate exercises to raise funds to enhance their financial position and accelerate the group’s future growth.