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2020 was the year when a lot of things that should have happened, didn’t happen. The Euro Cup, major movie releases, music festivals, Spain’s Bull Run in Pamplona, the list goes on and on.
Tokyo - Japan's vehicle exports in fiscal 2008 that ended March 31 marked the first decline in seven years amid the global economic downturn, the Japan Automobile Manufacturers Association said Thursday.
Car exports fell 17.2 per cent during the year to around 5.6 million units, marking the second-largest fall since 1973, the group said.
In March alone, exports plunged 64.3 per cent to 228,201 units, which was the steepest drop since 1972.
Tokyo - Pioneer Corp plans to raise 2.5 billion yen (25.85 million dollars) in fresh capital from one of its business partners, Honda Motor Co, the firm said Tuesday. Honda will pay 170 yen for each of Pioneer's 14.7 million new shares and to become the second-largest shareholder with a 6.54-per-cent stake after Sharp Corp, according to Japan's business daily The Nikkei.
Tokyo - Tokyo stocks lost more than 2 per cent to close Tuesday trading on fears of swine flu and concerns over the US economy. The benchmark Nikkei 225 Stock Average plunged 232.57 points, or 2.67 per cent, to close at 8,493.77.
The broader Topix index of all first-section issues was also down 21.11 points, or 2.53 per cent, at 811.99.
The market entered positive territory at the end of morning trading on pharmaceutical shares.
Tokyo - The Japanese government on Tuesday urged its citizens to postpone trips to Mexico and those who live there to return at an early date.
Prime Minister Taro Aso has set up a task force Tuesday morning and raised the alert level after the World Health Organization (WHO) upgraded the pandemic alert level to phase 4, following a swine flu outbreak in Mexico which may have caused as many as 149 deaths so far.
Phase 4 means that there is sustained human-to-human transmission of the virus in at least one country, according to the WHO.