Toshiba Plunges as Ratings Cut on Looming Writedown

Toshiba plunged by the most on record in intraday trade after the company’s credit ratings were cut following an announcement it may write down billions of dollars of an acquisition made by U.S. unit Westinghouse Electric. Bloomberg's Rosalind Chin reports on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Bloomberg Markets Middle East (09/20)
46:53 - Bloomberg Markets Middle East hosted by Yousef Gamal El-Din and Angie Lau. Guests include William White, economic and development committee chairman at OECD, and Monica Malik, chief economist at Abu Dhabi Commercial Bank. (Source: Bloomberg)
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