Kyodo News International (Tokyo, Japan) articles from September 2007

Kyodo News International (Tokyo, Japan) archives from September 2007

Credit union group studying aid for member institution in Yamanashi.
September 2, 2007... Sep. 2--TOKYO -- Shinkumi Federation Bank is considering extending financial assistance to Yamanashikenmin Shinyoukumiai, the nation's fourth-largest credit union, so that it can get back on its feet without financial help from the central...

BOJ will find rate hike hard, Toyota Financial vice head says.
September 4, 2007... Sep. 4--TOKYO -- The Bank of Japan will find it hard to raise interest rates at its policy-setting session in September as the U.S. subprime mortgage crisis is threatening to slow down the world economy, Eiji Hirano, executive vice president of...

China denies its military hacked into Pentagon computer system.
September 4, 2007... Sep. 4--BEIJING -- China on Tuesday dismissed allegations that its military successfully hacked into U.S. Defense Department computers. Foreign Ministry spokeswoman Jiang Yu told reporters in Beijing that the reports were untrue and that...

China denies fresh allegation of computer espionage.
September 6, 2007... Byline: John Duce Sep. 6--BEIJING -- China on Thursday denied allegations that its military hacked into British government computer systems, the third time in just over a week it has dismissed reports that it carried out computer...

China to maintain high growth even after Beijing Olympics: report.
September 8, 2007... Sep. 8--TOKYO -- China is likely to maintain high economic growth even after next year's Olympic Games in Beijing, which have already provided stimulative effects through the construction of infrastructure and sports facilities, according to a...

BOJ's ability to communicate with market poorest among 4 banks: poll.
September 10, 2007... Sep. 10--LONDON -- Central bank watchers believe the Bank of Japan's ability to communicate its policies to financial markets is the poorest among four of the world's major central banks, according to a recent survey conducted by a British...

Moody's sees no liquidity access problems for Japanese firms.
September 12, 2007... Sep. 12--TOKYO -- Moody's Investors Service said Wednesday the recent tighter credit conditions triggered by the U.S. subprime mortgage problem have not disrupted access to liquidity for most Japanese firms. The U.S. debt rating agency...

FOCUS: Japanese expert, company struggling to conserve Borneo jungle.
September 12, 2007... Byline: Kikuyo Komesu Sep. 12--KOTA KINABALU -- An environmental expert and an enterprise from Japan are working in cooperation with locals to restore a vast extent of riverine forest in Malaysia's Sabah State on Borneo Island in an...

Retail gasoline prices drop on late summer demand fall.
September 12, 2007... Sep. 12--TOKYO -- The nationwide average of retail regular gasoline prices stood at 144.00 yen per liter as of Monday, down 0.60 yen from a week earlier, falling for the third week in a row, the Oil Information Center said Wednesday. ...

Business leaders concerned about political vacuum in Japan.
September 12, 2007... Byline: Takuya Karube Sep. 12--TOKYO -- Japanese business leaders on Wednesday voiced concern about a political vacuum being created in the world's second-largest economy following Prime Minister Shinzo Abe's abrupt decision to step down...

BOJ begins policy meet, key rate likely kept after Fed's decision.
September 18, 2007... Sep. 18--TOKYO -- The Bank of Japan started a two-day policy meeting Tuesday, with market players widely expecting no change in the central bank's key short-term rate due to the unsettled global market conditions caused by the U.S. subprime...

Doha Bank enlists help from Japanese firms for planned carbon market.
September 20, 2007... Sep. 20--TOKYO -- A senior executive of Doha Bank, a major Qatari private commercial bank, on Thursday sought the cooperation of Japanese companies for a planned market in Qatar to trade greenhouse gas emission rights. Doha Bank Deputy...

Postal privatization to raise sink-or-swim issues for banks.
September 24, 2007... Byline: Shinya Ajima Sep. 24--TOKYO -- The privatization process starting next month for Japan's 136-year-old postal services may create a sink-or-swim situation for banks as 190 trillion yen ($1.65 trillion) in postal savings money could...

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...

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...