Toshiba leads losses in Tokyo stocks

Toshiba led losses in Japanese stocks Monday, with the troubled conglomerate plunging nearly 10 percent following a weekend report that it will likely post a fiscal year loss of more than $4 billion.
 

The benchmark Nikkei 225 index at the Tokyo Stock Exchange sank 0.37 percent, or 70.78 points, to 18,916.02, while the broader Topix index of all first-section shares was down 0.38 percent, or 5.82 points, at 1,531.28.