Japan

Afghan police, villagers resume search for abducted Japanese man

Kabul - More than 500 Afghan police and villagers in eastern Afghanistan resumed the search on Wednesday morning for a kidnapped Japanese aid worker, who was abducted by four armed men the previous day, police said.

Kazuya Ito, 31, an employee of Peshawar-Kai, a Japanese aid group, along with his Afghan driver was kidnapped in Khewa district of eastern Nangahar province on Tuesday morning as he was on his way to inspect an ongoing irrigation project in the area.

The driver was released hours later and confirmed Ito was alive. Hundreds of police and villagers started to search for him in the mountains between Nangarhar and neighbouring Kunar province, but ended their search at nightfall.

Mitsubishi Electric to triple solar cell production, report says

Mitsubishi ElectricTokyo - Japan's Mitsubishi Electric plans to triple its production capacity for high-efficiency solar cells by 2012, investing over 10 billion yen (91 million dollars), the economic daily Nikkei reported Wednesday.

The electronics company was responding to growing demand for renewable energy, triggered by high oil prices and concern over global warming.

Tokyo stocks open lower on mixed Wall Street session

Tokyo Stock ExchangeTokyo - Japanese shares were slightly lower in thin trading Wednesday following mixed trading on Wall Street overnight.

The Nikkei 225 Stock Average lost 14.70 points, or 0.12 per cent, to 12,764.01.

The broader Topix index of all first-section issues was also down 3.54 points, or 0.29 per cent, at 1,225.81.

The Tokyo players sold issues mainly in consumer finance, retail and the banking sector.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.55-58 yen, down from Tuesday's 5 pm quote of 109.82-83 yen.

Japanese aid worker kidnapped in eastern Afghanistan

Japanese aid worker kidnapped in eastern AfghanistanKabul- A Japanese aid worker along with his Afghan driver were kidnapped in Afghanistan's eastern province of Nangarhar on Tuesday morning, police said.

"The two men's vehicle was stopped by a group of unknown gunmen in Badyalai village in Khewa district," a police official who did not want to be named, told Deutsche Presse-Agentur dpa.

"The Japanese aid worker and his driver were dragged out of their vehicle and were taken to an unknown location," the source said.

Japan's truckers demand government relief from high fuel prices

Japan's truckers demand government relief from high fuel prices Tokyo- More than 20,000 truck drivers and some 2,300 trucks took to the streets across Japan Tuesday to demand countermeasures to survive high fuel prices.

The Japan Trucking Association, which represents about 51,000 trucking companies, demanded the government introduce tax cuts on diesel oil and fuel surcharge system as well as reduction of freeway toll fees.

The nation's trucking industry, which is made up of small-to- medium-size firms, is threatened unless appropriate measures are taken, the association said in a statement.

Tokyo stocks open lower on Wall Street's overnight falls

Tokyo Stock ExchangeTokyo - Tokyo stocks opened lower Tuesday after the US market fell overnight.

The Nikkei 225 Stock Average lost 169.14 points, or 1.31 per cent, to 12,709.52.

The broader Topix index of all first-section issues was also down 21.21 points, or 1.71 per cent, at 1,218.04.

The Tokyo players sold issues mainly in consumer finance, retail and the banking sector.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.30-35 yen, down from Monday's 5 pm quote of 109.96-97 yen.

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