Japan

Japan markets fall on uncertainty over US bail-out package

Japan markets fall on uncertainty over US bail-out packageTokyo - Japanese stocks fell Thursday as investors sold mainly export-oriented issues while uncertainties spread over the US government's bail-out package that passed the Senate earlier in the day.

The benchmark Nikkei 225 Stock Average sank 213.5 points, or 1.88 per cent, to close at 11,154.76.

The broader Topix index of all first-section issues also sagged 24.16 points, or 2.19 per cent, to 1,076.97.

US can avoid Japan's fate, economists say

Tokyo - As the world is dragged into a financial crisis ignited by the US subprime loan problem, economists are reminded of the banking crisis that hit Japan, beginning in the late 1980s, triggered by the burst of the country's real estate bubble.

But analysts in Japan remain optimistic about the US situation, saying that the US may not have to repeat Japan's suffering if it acts swiftly and appropriately.

The United States is passing through a similar period as Japan did 20 years ago, they said. Back then, Japan's asset-inflated economy collapsed, balance sheets turned unstable, and it became difficult for the financial system to recover without public funding.

Japanese markets fall on uncertainty over US bailout package

Tokyo Stock ExchangeTokyo - Stocks ended morning trading lower in Japan Thursday on uncertainties over the US government's bailout package that passed the Senate earlier in the day.

The benchmark Nikkei 225 Stock Average fell 125.61 points, or 1.1 per cent, to 11,242.65.

The broader Topix index of all first-section issues was also down 18.41 points, or 1.67 per cent, at 1,082.72.

Flies sense noxious heat through ''painless'' protein

Washington, Oct 1: A group of Japanese researchers has found that flies can sense hazardous heat by a specific sensor, namely 'Painless' protein.

The research group, led by Prof Makoto Tominaga and Dr Takaaki Sokabe, National Institute for Physiological Sciences
(NIPS), Japan, identified the receptor’s function during the study of a small fly, drosophila.

The ‘painless’ protein had been predicted as one type of ionic TRP (transient receptor potential) channels.

The researchers found that the channel could sense noxious heat directly. The channel activity was modulated by intracellular calcium to maintain optimal sensitivity. Camphor, a moth repellent, did block the activity of this channel.

15 sex-shop patrons dead in early-morning fire

JapanTokyo - A fire before dawn Wednesday in an Osaka sex shop

Tokyo stocks rise in early trading

Tokyo stock marketTokyo - The Tokyo stock market was higher in early trading Wednes

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