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TOKYO, Dec 1 Asia Pulse - Highlights of today's newspapers:
NIKKEI NET:
- The agreement reached Wednesday by Rakuten Inc. (TSE:4755) and Tokyo Broadcasting System Inc. (TSE:9401) calls for the virtual mall operator to withdraw its integration proposal, but vague and open-ended provisions in the document leave the door open to future discord.
- The combined consolidated pretax profit of listed companies is projected to rise 5 per cent to 26.57 trillion yen (US$221.87 billion) in the current fiscal year through March 31, 2006, on surging capital investment, high raw materials prices and a weaker yen, according to a survey by Nihon Keizai Shimbun Inc.
- The U.S. economy continued to expand over the past month on robust consumption and manufacturing activities, the Federal Reserve said Wednesday in a periodic business sentiment survey.
- As part of fiscal 2006 tax reforms, the ruling coalition's tax panel is considering offering breaks to firms whose executive compensation is ...
Source: HighBeam Research, JAPANESE NEWSPAPER HIGHLIGHTS - DEC 1, 2005.