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JAPANESE NEWSPAPER HIGHLIGHTS - MARCH 2, 2005.

AsiaPulse News

| March 02, 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, March 2 Asia Pulse - Highlights of today's newspapers:

NIKKEI NET:

- The Industrial Revitalization Corp. of Japan (IRCJ) is poised to tap the alliance of Marubeni Corp. (TSE: 8002) and Advantage Partners Inc. to sponsor the restructuring of ailing retailer Daiei Inc. (TSE:8263).

- Japan's monetary base in February grew 1.2 per cent on-year, much slower than the 3.9 per cent growth marked in the previous month, reflecting the continuation of the Bank of Japan's steady monetary policy for over a year, the central bank data showed Wednesday.

- The number of mortgage loans extended by private-sector lenders that have tied up with the Housing Loan Corp. surpassed those offered directly by the public lender for the first time ever in January.

- Matsushita Electric Industrial Co. (TSE:6752) plans to increase the number of college graduates, mostly science and engineering majors, that it will employ in China and Southeast Asian countries by 80 per cent on the year to 800 in fiscal ...

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Source: HighBeam Research, JAPANESE NEWSPAPER HIGHLIGHTS - MARCH 2, 2005.

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