Japan

Hong Kong pop stars arrested for drug possession in Japan

Hong Kong pop stars arrested for drug possession in Japan Hong Kong  - Hong Kong pop stars Kelvin Kwan and Jill Vidal have been arrested for possessing cannabis on a visit to Tokyo, a news report said Wednesday.

Kwan, 25, and Vidal, 26, were arrested in the Dogenzaka shopping centre in Shibuya, Tokyo, on February 24 when shopkeepers reported a foreign man trying to steal goods, the South China Morning Post said.

A police search found cannabis in a packet of cigarettes Kwan was carrying, according to the newspaper. Vidal reportedly denied any criminal behaviour.

Japan market extends losses on Wall Street's falls, political woes

Japan market extends losses on Wall Street's falls, political woes Tokyo  - The Tokyo market extended losses Wednesday after Wall Street declined overnight and concerns over domestic politics spread.

The benchmark Nikkei 225 Stock Average edged down 59.55 points, or 0.82 per cent, to 7,170.17.

The broader Topix index of all first section issues was also down 6.92 points, or 0.95 per cent, to 719.88.

The market sentiment remained pessimistic after the US Dow Jones industrial average extended its losing streak to a fifth market day on persistent economic worries.

Fujitsu to prune European product range after Siemens buyout

Fujitsu to prune European product range after Siemens buyout

Japan opposition leader Ozawa's office raided for illegal funds

Japan opposition leader Ozawa's office raided for illegal funds Tokyo - Japanese prosecutors on Tuesday raided an office of a political group that manages funds for Ichiro Ozawa, president of the opposition Democratic Party of Japan on suspicion of having received illegal donations from a construction company, media reports said.

The group, Rikuzankai, located in central Tokyo, allegedly received corporate donations from a former official of Nishimatsu Construction Co, according to a NHK television report.

Toyota Financial Services seeks 2 billion dollars in financial aid

Toyota Financial Services seeks 2 billion dollars in financial aid Tokyo  - Toyota Motor Corp's financial unit said it has sought emergency loans from the government-backed Japan Bank for International Cooperation (JBIC), media reports said Tuesday.

Toyota Financial Services Corp has asked for about 200 billion yen (2 billion dollars) in aid, Jiji Press quoted sources close to Toyota.

The firm would be the first in the auto industry to receive financial aid from the Japan Bank if the loans are granted.

Tokyo stocks fall on concerns over US financial sector

Tokyo stocks fall on concerns over US financial sector Tokyo  - The Japan market ended Tuesday morning trading lower with the key Nikkei index falling to the lowest level in four months at one point on lingering concerns over the US financial sector.

The benchmark Nikkei 225 Stock Average dipped 75.26 points, or 1.03 per cent, to 7,204.89.

The broader Topix index of all first section issues was also down 9.57 points, or 1.32 per cent, to 725.02.

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