Japan-Russia Cable System Starts Operations (Broadcast Newsroom)

3 July 2008, 4:23 am

TOKYO and MOSCOW , July 3 /PRNewswire/ -- TransTeleCom Company CJSC (TTK), Russia's leading telecommunications backbone operator and NTT Communications Corporation (NTT Com), announced on July 3 that the Hokkaido-Sakhalin Cable System (HSCS), which directly links the two companies' telecom networks ... read more

Tokyo Electric, Mitsui Sign Energy Deals With Brazil (Update1) (Bloomberg.com)

3 July 2008, 4:14 am

July 3 (Bloomberg) -- Tokyo Electric Power Co. and Mitsui & Co. , Japan's largest utility and second-largest trading house, signed contracts with Brazil's state-controlled oil producer to help ensure the Asian country's energy security.... read more

Japan's FSA orders Nomura to improve operations (Market Watch)

3 July 2008, 3:46 am

(Updates by adding comments from Nomura) TOKYO (MarketWatch) -- Japan's Financial Services Agency Thursday ordered Nomura Securities Co. to improve its operations after a company employee was arrested on suspicion of insider trading. The government agency said the securities house must improve its o... read more

Japan's benchmark stock index on longest losing streak in 54 years (Minneapolis-St. Paul Star Tribune)

3 July 2008, 3:11 am

TOKYO - Japan's key stock index extended its sell-off to an 11th straight session Thursday — its longest slide in 54 years.... read more

Japan ruling party calls for $94 billion pension wealth fund (Market Watch)

3 July 2008, 3:08 am

TOKYO (MarketWatch) -- A panel of Japan's ruling Liberal Democratic Party on Thursday called for using about 10 trillion yen ($94 billion) of the country's public pension assets to establish Japan's first sovereign wealth fund, hoping to take advantage of the buying opportunities created by the glob... read more

UPDATE: Japan MOF Tsuda: No Comment On Daily Stock Market Moves (Nasdaq)

3 July 2008, 2:30 am

(Adds minister's comments about sovereign wealth fund.) TOKYO -(Dow Jones)- Japan's Vice Finance Minister Hiroki Tsuda declined to comment on Japanese stock prices, which fell for the 11th straight day Thursday, the longest declining streak since 1954.... read more