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Latest Jiji Press Stories

2008-10-11 18:00:30

Tokyo, Oct. 11 (Jiji Press)--Major convenience store chain Lawson Inc. has acquired preferential negotiating rights for the acquisition of industry competitor am/pm Japan Co. from Rex Holdings Inc., informed sources said Saturday. Lawson plans to decide whether to purchase am/pm Japan after evaluating its assets and financial standing, the sources said. It is still unclear whether Lawson will go ahead with the acquisition since Lawson has many stores near am/pm Japan outlets, observers...

2008-10-09 18:00:28

Tokyo, Oct. 9 (Jiji Press)--Shinagawa Refractories Co. and JFE Refractories Corp., a unit of JFE Steel Corp., said Thursday they are studying their business integration in October 2009. Shinagawa Refractories is expected to absorb the smaller peer. The merger will create the largest refractories maker in Japan, followed by Krosaki Harima Corp. . JFE Refractories hopes the merger will ensure a stable supply of refractories for furnaces when demand for refractories is expanding thanks to...

2008-10-09 18:00:26

Tokyo, Oct. 9 (Jiji Press)--The government will give up on its plan to restrict foreign ownership of Japanese airport operators after a study panel discussing equity regulations for airport firms agreed Thursday that it will base its debate on nondiscriminatory rules. The Land, Infrastructure, Transport and Tourism Ministry intends to accept the panel's conclusion and submit a bill for regulations that will center on curbing large-stake ownership to an ordinary parliamentary session next...

2008-10-07 18:00:31

Tokyo, Oct. 7 (Jiji Press)--The Japanese government will consider obliging oil and gas firms to use new energy sources to reduce their reliance on fossil fuel, officials said Tuesday. An advisory panel to the economy, trade and industry minister will discuss details. The ministry hopes that parliament will pass the new rule next year. Minister Toshihiro Nikai told a news conference that the ministry will consider wider use of renewable energy sources in order to ensure Japan's energy...

2008-10-07 18:00:18

Tokyo, Oct. 7 (Jiji Press)--Major Japanese beverage firm Kirin Holdings Co. said Tuesday it has agreed to sell its Australian Dairy Farmers' yogurt license to New Zealand's leading dairy firm Fonterra Co-operative Group Ltd. For an undisclosed sum, Fonterra will acquire the rights to manufacture and sell the Australian firm's core yogurt brand SKI. Kirin plans to buy Dairy Farmers in November at the earliest through its National Foods Ltd. unit, Australia's biggest dairy company.END...

2008-10-07 18:00:08

Tokyo, Oct. 7 (Jiji Press)--Cyberdyne Inc. and Daiwa House Industry Co. said Tuesday they will begin leasing a robotic suit that assists the disabled who wear it with basic movements such as walking, sitting and standing. The special suit was developed by Yoshiyuki Sankai, professor at the University of Tsukuba and Chief Executive Officer of Cyberdyne, the university's spin-off firm. The suit, called Hybrid Assistive Limb, or HAL, aids wearers by detecting electrical signals on the skin...

2008-10-06 18:00:24

Tokyo, Oct. 6 (Jiji Press)--Galaxy Airlines, the air cargo arm of Japanese transportation service group SG Holdings Co., reported to the Ministry of Land, Infrastructure, Transport and Tourism on Monday that it will close down. The company will sell its two medium-sized cargo planes and be liquidated by March next year. It is the first time for a Japanese air cargo company to quit its business since Orange Cargo Inc. in April 2004. Galaxy was established in 2005 with the aim of...

2008-10-06 18:00:16

Tokyo, Oct. 6 (Jiji Press)--The key 225-issue Nikkei average was sharply lower in early trading on the Tokyo Stock Exchange Monday, losing more than 300 points briefly. At 9:25 a.m., the average was down 310.19 points from Friday at 10,627.95, the lowest level since late October 2004. The plunge came after U.S. stocks fell sharply on Friday.END (c) 2008 Jiji Press English News Service. Provided by ProQuest LLC. All rights Reserved.

2008-10-03 18:00:24

Tokyo, Oct. 3 (Jiji Press)--Japan's Ministry of Economy, Trade and Industry said Friday it will help India upgrade its technology for processing coal for use in thermal power generation. The New Energy and Industrial Technology Development Organization (NEDO), an affiliate of the ministry, and India's Coal and Finance Ministries signed a basic accord to conduct a three-year model project aimed at transferring Japan's sophisticated coal-processing technology to the South Asian nation....

2008-10-03 18:00:08

Tokyo, Oct. 3 (Jiji Press)--NTT Communications Corp. said Friday that a fully owned subsidiary has acquired APT Satellite Telecommunications Ltd. (APTT), a data center operator in Hong Kong. The unit, NTT Com Asia Ltd. in Hong Kong, purchased all outstanding shares in APTT from Skywork Corp. and Singasat Pte. for 161 million Hong Kong dollars. NTT Com Asia will transfer the entire APTT stake to Tokyo-based NTT Worldwide Telecommunications Corp., another fully owned unit of NTT...


Word of the Day
maffling
  • To stammer.
  • Present participle of maffle, to stammer.
  • A simpleton.
The word 'maffle' may come from a Dutch word meaning 'to move the jaws' or a French word meaning 'having large cheeks'.