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JAPANESE NEWSPAPER HIGHLIGHTS - DEC 1, 2005.

AsiaPulse News

| December 01, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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 ...

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Source: HighBeam Research, JAPANESE NEWSPAPER HIGHLIGHTS - DEC 1, 2005.

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