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JAPANESE NEWSPAPER HIGHLIGHTS - JUNE 1, 2004.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 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, June 1 Asia Pulse - Highlights of today's newspapers:

NIKKEI NET

- The number of workers on regular payrolls in Japan rose 0.4 percent in April from a year earlier to 42.86 million for the first increase in six years against the backdrop of the economic recovery, the government said Tuesday.

- In an effort to tap demand for more fuel-efficient vehicles, Nissan Motor Co. (7201) has decided to reduce the weight of new models that it will develop in the next five years by an average of 5-10%, The Nihon Keizai Shimbun learned Monday.

- The Transport Ministry is eyeing plans to establish new fuel efficiency standards for automobiles by around fiscal 2015 as part of its overhaul of guidelines to fight global warming, The Nihon Keizai Shimbun learned Monday.

- Kanebo Ltd. (3102) said Monday that its negative net worth came to 355.3 billion yen on a consolidated basis as of March 31, the final day of fiscal 2003.

- Recent initial public offerings are drawing keen interest from ...

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Source: HighBeam Research, JAPANESE NEWSPAPER HIGHLIGHTS - JUNE 1, 2004.

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