Japan

Tokyo's Nikkei starts New Year above 9,000

Tokyo's Nikkei starts New Year above 9,000Tokyo - Tokyo's stock market started trading for the New Year in a positive mood on Monday.

The Nikkei Index of 225 leading stocks rose over 9,000 for the first time in nearly two months as the market opened. After Wall Street gained on Friday, the Nikkei rose
212.76 points, or 2.4 per cent, to 9,072.32.

The index lost a record 42 per cent last year as the financial crisis pummeled world markets.

Japanese international Okubo transfers to Germany's Wolfsburg

Tokyo  - Japanese striker Yoshito Okubo of Vissel Kobe in the J-League left Sunday for Germany to join first-division Bundesliga club VfL Wolfsburg, Tokyo media report said.

The 26-year-old, who has 33 caps for Japan's national team, would join countryman Makoto Hasebe at Wolfsburg.

Okubo had once previously played in Europe, appearing in 39 matches and scoring five goals for the Spanish club Real Mallorca between January 2005 and July 2006.

In the J-League, the striker scored 64 goals in 149 matches.

"Hopefully I'll be in a position to score many goals," Okubo said in looking forward to the Bundesliga. "At Kobe I have developed as a player and I would like to test the level that I am now at."

Japan, South Africa vie for ElBaradei succession, IAEA confirms

Vienna - Only Japan and South Africa have submitted candidates for succeeding Mohamed ElBaradei at the head of the International Atomic Energy Agency (IAEA), the Vienna-based organisation confirmed Friday in a statement.

As ElBaradei's third and last term ends at the end of November 2009, Yukiya Amano of Japan and Abdul Samad Minty of South Africa, who represent their countries at the IAEA Board of Governors, are now vying for the prestigious post of director general.

The deadline for IAEA member states to name candidates ended on December 31, 2008.

Japan's emperor concerned over economic downturn

Japan's emperor concerned over economic downturnTokyo  - Emperor Akihito on Friday voiced his concern Japan's slide into recession as thousands of his subjects gathered for one of the rare occasions of seeing their monarch in public.

"I am concerned that many people face serious problems because of the grave economic situation," Akihito told the flag-waving crowd which had gathered in front of the glazed balcony of Tokyo's imperial palace.

"I hope this year will be a good one for all of you, as far as this is possible," the 75-year-old Tenno, whose role is largely ceremonial, said.

Japan welcomes Year of the Ox with tolling bells

Tokyo  - Millions of Japanese flock to the country's temples in the night of December 31 to ask the gods for their blessings for the New Year.

Honda to build electric motorcycle

Honda to build electric motorcycleTokyo  - The Japanese car maker Honda has announced that it will develop an electric motorcycle as part of its programme to develop more efficient vehicles with lower emissions over the next two years.

Details of the plans have not been revealed yet, but the motorcycle is expected to go on sale in 2010. Vectrix Corp., based in the United States, claims to be the world leader in zero emission electric scooters and high-performance bikes, building its Electric Vx1 and Vx1e scooters in Poland.

Pages