Tokyo

Candidates ready for election campaign to succeed outgoing Fukuda

Tokyo -Candidates ready for election campaign to succeed outgoing Fukuda Candidates for Japan's ruling Liberal Democratic Party (LDP) presidential race were ready to take their campaign to the streets Wednesday in a bid to succeed outgoing leader and Prime Minister Yasuo Fukuda.

LDP Secretary General Taro Aso, 67, was seen as the front runner among the five candidates. Aso served as Fukuda's right-hand man for about a month since the premier reshuffled his cabinet.

Tokyo stocks open lower on profit-taking

Tokyo Stock ExchangeTokyo - Tokyo stocks opened lower Tuesday as investors sold shares to lock in profits from the previous day's gains.

The benchmark Nikkei 225 Stock Average declined 185.43 points, or 1.47 per cent, in morning trading to 12,439.03.

The broader Topix index of all first-section issues was also down 21.44 points, or 1.76 per cent, to 1,194.97.

Tokyo players sold shares to reap profits from Monday's rises when the Tokyo indices shot up more than 3 per cent on the US government taking control of the two largest US mortgage lenders and guarantors, Fannie Mae and Freddie Mac.

Hiroshima, Nagasaki leaders disappointed by NSG waiver to India

JapanTokyo, Sep 8 : Hiroshima Mayor Tadatoshi Akiba and Nagasaki Governor Genjiro Kaneko have expressed disappointment that a US proposal to lift the global ban on nuclear trade with India has received international approval.

Akiba issued a statement saying it is “totally disappointing”.

Akiba urged the Japanese government, which approved the proposal, to make further efforts to achieve a total elimination of nuclear weapons, Japan Times Online reported.

Japan seen likely to hold general elections in November

Japan to commit to bigger development role at Africa conferenceTokyo - Legislators in Japan believe that a general election could be held in November because it was likely the successor of recently resigned Prime Minister Yasuo Fukuda is likely to dissolve the House of Representatives in early October, local media reported Monday.

Asian stocks surge on bailout of US mortgage lenders

Asian stocks surge on bailout of US mortgage lenders Tokyo - Asian stocks, led by financial issues, made major gains in early trading Monday, reacting to a US decision to take control of the two largest US mortgage lenders and guarantors, Fannie Mae and Freddie Mac.

In Japan, the benchmark Nikkei 225 Stock Average jumped 438.04 points, or 3.59 per cent, in morning trading to 12,650,27 on investor confidence that the US government move would calm turmoil in global financial markets.

The broader Topix index of all first-section issues also rose 46.49 points, or 3.97 per cent, to 1,217.33.

Japanese stocks surge on seizures of US mortgage lenders

Japanese stocks surge on seizures of US mortgage lenders Tokyo - Stocks in Tokyo rocketed upward Monday after the US government seized control of the two largest US mortgage lenders and guarantors, Fannie Mae and Freddie Mac.

The benchmark Nikkei 225 Stock Average jumped 438.04 points, or 3.59 per cent, in morning trading to 12,650,27 on investor confidence that the move would calm turmoil in global financial markets.

The broader Topix index of all first-section issues also rose 46.49 points, or 3.97 per cent, to 1,217.33.

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