Toshiba to report huge half-year operating loss

TOKYO: Troubled Japanese conglomerate Toshiba is expected to announce a whopping loss of 90 billion yen ($737 million) for the six months to September as it deals with a huge accounting scandal, a report said on Thursday.

The operating loss—its first in six years—compares to a year-earlier 137.8 billion yen profit, the leading Nikkei business daily said without citing sources.