Bloomberg Toshiba Corp. plans to sell shares to raise $5.4 billion and will explore a divestment of its Westinghouse-related assets in a bid to avoid being removed from the Tokyo Stock Exchange. Selling its holding in and its claims against nuclear-power business Westinghouse will let Toshiba “significantly reduce” resources required to rehabilitate that unit, funds that can be focused on ...

Bloomberg Honda Motor Co. is recalling about 800,000 of its Odyssey minivans in the US after receiving 46 reports of injuries over faulty passenger seats. The company will repair the seats free of charge for owners of 2011-2017 models, it said. “If a second row seat is not properly latched after adjusting it side-to-side or reinstalling a removed seat, the ...

Bloomberg Singaporean Prime Minister Lee Hsien Loong says his country is expected to exceed expectations this year by recording economic growth above 3 percent. Addressing his People’s Action Party’s 2017 convention on Sunday, Lee said Singapore was benefiting from an improved world economy, but would have to press on with plans to restructure and upgrade the economy to sustain growth. ...