GS Yuasa Shares Surge as Japan Ends Company Inspections
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GS Yuasa Corp., the battery maker at the center of investigations on fires that grounded Boeing Co.’s 787s, surged the most in eight months in Tokyo after Japan’s government said it’s ending on-site inspections of the company.
The stock rose 4.8 percent, the biggest increase since May 29, to 329 yen at close of trading in the city. The shares had tumbled 9.2 percent in the two days since an All Nippon Airways Co. plane made an emergency landing in Japan on Jan. 16.