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TOKYO, Feb 1 Asia Pulse - Highlights of today's newspapers:
NIKKEI NET:
- Foreign and domestic investment funds are plowing money into Japanese real estate in pursuit of higher returns, with U.S. financial services firm Morgan Stanley slated to invest up to 2 trillion yen and local players increasing their managed assets nearly 50 per cent over the past year.
- In addition to the profit it booked in the year ended March 31, 2005, Nikko Cordial Corp. (TSE:8603) is now believed to have generated a nearly 17 billion yen profit in the subsequent year through special-purpose company NPI Holdings Inc.
- Mitsubishi Heavy Industries Ltd. (TSE:7011) intends to build new solar cell and wind turbine plants ...
Source: HighBeam Research, JAPANESE NEWSPAPER HIGHLIGHTS - FEB 1, 2007.