On Monday, the Japanese government bond futures saw a fall, which led to its thinning further from a two month high. After the US government put forward the decision to support the mortgage lenders, the Tokyo shares rose and Treasuries fell.

The troubled mortgage giants Fannie Mae and Freddie Mac on Sunday were offered help by the U.S. Treasury and Federal Reserve when the latter two offered its emergency cash to the former two. The U.S. Treasury and Federal Reserve said that to build the investors confidence, they will buy shares in the companies.

The customers were so eager to buy the new iPhone launched by Apple Inc at Tokyo that they waited in lines around the city block overnight to get a hold of their own exclusive set.

Tokyo - Japan's fishermen plan to go on a nationwide strike on Tuesday and suspend fishing by some 200,000 boats to demand that the government provide subsidies to offset rising fuel prices, media

Tokyo  -

Osaka, Japan - Japanese electronics manufacturer Onkyo will release its first Blu-ray player this autumn.