12/05/2008
Japan's Kaname Yokoo takes early lead at Nippon Series Cup golf event (Canadian Press via Yahoo! News)
TOKYO - Japan's Kaname Yokoo shot a 7-under 63 Thursday to take a one-stroke lead after the first round of the Nippon Series Cup.
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12/05/2008
Japan Stocks: Chugai, CSK, Kenedix, Mixi, Nippon Oil, Orix, Uny (Bloomberg)
Dec. 5 (Bloomberg) -- Japan’s Nikkei 225 Stock Average fell 6.73, or 0.1 percent, to 7,917.51 as of the close in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.
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12/05/2008
Japan Stocks Fall on Bank Earnings Concern; Tiremakers Jump (Bloomberg)
Dec. 5 (Bloomberg) -- Japan stocks fell, extending a weekly loss, as a dimmer earnings outlook for lenders prompted Goldman Sachs Group Inc. to cut price targets on the nation’s biggest banks, overshadowing benefits to manufacturers from oil’s decline.
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12/05/2008
U.A.E. Seeks Japan’s Help to Develop Nuclear Power Plants (Bloomberg)
Dec. 5 (Bloomberg) -- The United Arab Emirates will hold talks with the Japanese government and reactor makers such as Hitachi Inc. and Toshiba Corp. this month as it seeks Japan’s help to develop nuclear power plants.
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12/05/2008
Orix Asks Japan Watchdog for Probe After Share Plunge (Update2) (Bloomberg)
Dec. 5 (Bloomberg) -- Orix Corp. , Japan's largest non-bank financial company, asked authorities to investigate whether unsubstantiated rumors contributed to declines in its stock price. The shares reversed earlier losses.
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12/05/2008
Japan May Allow Tax Breaks on Repatriated Profits (Update1) (Bloomberg)
Dec. 5 (Bloomberg) -- Japan may introduce legislation that would waive taxes companies pay on profits returned from abroad, in an effort to help the economy emerge from a recession.
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12/05/2008
Japan’s Bonds Fall on Concern Government to Increase Debt Sales (Bloomberg)
Dec. 5 (Bloomberg) -- Japan’s government bonds fell on concern the Ministry of Finance will increase debt sales next year to fund economic-stimulus spending.
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12/05/2008
Japan’s Bonds Fall on Concern Government to Increase Debt Sales (Bloomberg)
Dec. 5 (Bloomberg) -- Japan’s government bonds fell, pushing 10-year yields up from near the lowest since April, on concern the Ministry of Finance will increase debt sales next year to fund economic-stimulus spending.
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12/05/2008
Japan Tiremaker Shares Rise on Lower Oil; Mitsubishi UFJ Slumps (Bloomberg)
Dec. 5 (Bloomberg) -- Japan’s tiremaker shares advanced after oil sank to the lowest level in almost four years, raising speculation production costs will fall. Bank shares slumped after Goldman Sachs Group Inc. cut price estimates.
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12/05/2008
Japan Tiremaker Shares Rise on Lower Oil; Mitsubishi UFJ Slumps (Bloomberg)
Dec. 5 (Bloomberg) -- Japan’s tiremaker shares advanced on speculation production costs will fall after oil sank to the lowest level in almost four years. Bank shares slumped after Goldman Sachs Group Inc. cut price estimates.
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