Tokyo - Taro Aso, general secretary of Japan's Liberal Democratic Party (LDP) and former contender for the LDP helm, Tuesday expressed his intention to run for the party leadership in a bid to succeed outgoing Prime Minister Yasuo Fukuda.
"I have an idea of what I have to do, and I'd like to execute it," Aso said at a press conference Tuesday.
The 67-year-old hawkish politician was seen as a forerunner to succeed Fukuda when he was appointed as the premier's right-hand man last month in a Cabinet reshuffle.
Tokyo - Tokyo stocks opened slightly higher Tuesday, but gains were limited due to Prime Minister Yasuo Fukuda's sudden resignation announcement the previous day.
The benchmark Nikkei 225 Stock Average rose 63.11 points, or 0.49 per cent, to 12,897.29.
The broader Topix index of all first-section issues was also up 8.1 points, or 0.66 per cent, to 1,238.74.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 108.05-10 yen, up from Monday's 5 pm quote of 107.71-73 yen.
Tokyo - Major Japanese trading house Mitsubishi Corporation allegedly failed to report some 4.2 billion yen (38.62 million dollars) in tariffs on pork imports from Denmark, local media reports said Monday.
Mitsubishi allegedly reported paying more than the actual price in order to evade paying tariffs in 2005.
The government imposes tariffs on the difference in price between domestic products and imports, when the price of imported pork is lower than the standard of 524 yen per kilogram.
Tokyo - More than 590,000 people Monday participated in earthquake drills across Japan on a national quake preparedness day.
Heads of government ministries and agencies gathered at the prime minister's office early Monday to discuss emergency measures and responses on assumption that a mock magnitude-8.6 earthquake hit western Japan.
Prime Minister Yasuo Fukuda told citizens to "respond calmly to this major disaster and cooperate to expedite rescuing people and put out the fires."
Tokyo - Tokyo stocks opened lower Monday on Wall Street's falls before the weekend and a stronger yen.
The benchmark Nikkei 225 Stock Average declined 176 points, or 1.35 per cent, to 12,896.87.
The broader Topix index of all first-section issues was also down 18.82 points, or 1.5 per cent, to 1,235.89.
Exporters were hurt as a stronger yen affects Japanese companies' earnings overseas. Also, reports of a slowdown of US consumer spending in July raised fears of lower demand for Japanese products.
Tokyo - Taro Aso, general secretary of Japan's Liberal Democratic Party (LDP) and former contender for the LDP helm, Tuesday expressed his intention to run for the party leadership in a bid to succeed outgoing Prime Minister Yasuo Fukuda.
Tokyo - Tokyo stocks opened slightly higher Tuesday, but gains were limited due to Prime Minister Yasuo Fukuda's sudden resignation announcement the previous day.
Tokyo - Major Japanese trading house Mitsubishi Corporation allegedly failed to report some 4.2 billion yen (38.62 million dollars) in tariffs on pork imports from Denmark, local media reports said Monday.
Tokyo - More than 590,000 people Monday participated in earthquake drills across Japan on a national quake preparedness day.
Tokyo - Tokyo stocks opened lower Monday on Wall Street's falls before the weekend and a stronger yen.
