Toshiba shares rise after report Westinghouse may file bankruptcy Tuesday

Toshiba shares rise after report Westinghouse may file bankruptcy Tuesday

TORU HANAI

Toshiba's shares were last up 0.5 percent at 224 yen after earlier rising as high as 232 yen, against the backdrop of a broader market downturn. The Nikkei stock average <.n225> was down 1 percent.

Toshiba said on Monday that whether or not Westinghouse files for bankruptcy is ultimately a decision for its board.

(Reporting by Tokyo markets team; Editing by Stephen Coates)

TOP READS FROM THE FISCAL TIMES