News Column

Kyodo news summary -5-

February 13, 2014

TOKYO, Feb. 13 -- (Kyodo) _ ---------- Kerry arrives in Seoul for talks with president, foreign minister

SEOUL - U.S. Secretary of State John Kerry arrived in Seoul on Thursday to hold talks with South Korean President Park Geun Hye and Foreign Minister Yun Byung Se on a wide range of security issues, including close coordination on North Korea, local media reported.

Kerry, who arrived at a U.S. military airbase on the outskirts of the capital Seoul at around 3 p.m., is scheduled to meet first with Park at the presidential office and then hold talks with Yun later on Thursday, according to the reports.

---------- Japan's key bond yield falls on Tokyo stocks' losses

TOKYO - The yield on the benchmark 10-year Japanese government bond ended lower Thursday as Tokyo stocks fell for the first time in four trading days, encouraging bond buying.

The yield on the No. 332, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.595 percent, down 0.010 percentage point from Wednesday's close.

---------- Condo supply in Tokyo grows 6.1% in January

TOKYO - The number of condominiums put up for sale in the greater Tokyo region increased 6.1 percent to 1,826 units in January for the ninth consecutive month of year-on-year rise, a research institute said Thursday.

The figure marked the highest level in six years for January.

---------- Nikkei down 1.8% after 3-day winning streak

TOKYO - Tokyo stocks plunged Thursday, with the Nikkei index marking its first drop in four trading days as investors locked in recent gains on the yen's appreciation against other major currencies.

The 225-issue Nikkei Stock Average ended down 265.32 points, or 1.79 percent, from Wednesday at 14,534.74. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 19.86 points, or 1.63 percent, lower at 1,199.74.

---------- Cambodia bans smoking in public places

PHNOM PENH - Smokers in Cambodia are no longer allowed to light up wherever they want, as the government on Thursday introduced a wide-ranging ordinance banning smoking in public places.

According to a circular released by the Ministry of Health, smoking is now prohibited in all public places, including educational and health institutions, public transport, museums, playgrounds, gas stations, and historical and cultural sites.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Japan Economic Newswire

Story Tools