Kyodo News International (Tokyo, Japan) articles

Recent articles from Kyodo News International (Tokyo, Japan)

State-backed regional bailout body to be capitalized at 20-30 bil. yen.
October 31, 2007... Oct. 31--TOKYO -- A state-backed entity planned to be set up in fiscal 2008 to help rehabilitate ailing regional companies and public-private joint ventures is expected to be capitalized at 20 to 30 billion yen, to be shouldered equally by the state, local governments and banks, sources close...

Hopes of rate cut, strong earnings lift Wall St., Dow up 190 points.
October 2, 2007... Oct. 2--NEW YORK -- Strong expectations for another interest rate cut by the Federal Reserve and solid corporate earnings combined to send Wall Street soaring Monday, with the Dow ending at its record high after briefly surging 219 points. The Dow Jones Industrial Average of 30 blue-chip...

New postal system gives chance to rethink investment choices.
October 1, 2007... Byline: Shinya Ajima Oct. 1--TOKYO -- Will there be any changes in service at post offices across Japan under the just-started process of privatizing the state-run postal system over a 10-year period? There may be few big changes in the initial stage. But Japanese individual...

Lunchboxes are selling like hotcakes at service, parking areas.
September 28, 2007... Byline: Masato Inoue Sep. 28--TOKYO -- Lunchboxes featuring local produce seasoned by fancy Japanese restaurants and hotels are prompting hungry drivers and their companions to stop at service and parking areas on expressways. The Central Nippon Expressway Co. group, which manages the...

Tokyoites appear more uncertain about economic outlook.
September 27, 2007... Sep. 27--TOKYO -- Bearish sentiment about the economy has somewhat increased among Tokyoites amid financial unrest in the wake of the U.S. subprime loan crisis, the research arm of advertising agency Dentsu Inc. said Thursday, citing the results of its bimonthly survey. The survey in...