News Column

Kyodo news summary -2-

June 5, 2014



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Nikkei edges down in morning after rally

TOKYO - The Nikkei stock index fell slightly Friday morning as investors locked in gains after a recent rally.

The 225-issue Nikkei Stock Average shed 2.28 points, or 0.02 percent, from Thursday to 15,077.09. Meanwhile, the broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 1.85 points, or 0.15 percent, to 1,234.60.

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N. Korea detains 3rd U.S. citizen: diplomatic sources

WASHINGTON - North Korea has detained another American tourist, bringing to three the number of U.S. nationals now known to be held in the country, diplomatic sources said Thursday.

The man, who was part of a tour group, was taken into detention in mid-May just before he was about to leave the country, according to the sources.

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Japan to send engineers to support Ukraine's thermal power generation

TOKYO - Japan will send a team of engineers to Ukraine to help boost power generation at the country's aging coal-fired thermal plants, aiming to help improve the Eastern European country's energy situation, the industry minister said Friday.

"I believe Japan's sophisticated technology for coal-fired thermal power will contribute to enhancing energy security in Ukraine," which relies on Russia for natural gas supplies, Economy, Trade and Industry Minister Toshimitsu Motegi told a press conference.

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Italian prime minister says "Abenomics" worked as int'l stimulus

ROME - Italian Prime Minister Matteo Renzi said Thursday that Japanese Prime Minister Shinzo Abe's economic policies dubbed "Abenomics" have "provided stimulus internationally," and pledged to promote economic and political structural reforms in his own country.

Renzi made the remarks in a written interview with Kyodo News ahead of his planned talks with Abe on Friday. Abe arrived in Italy late Thursday after attending the summit of the Group of Seven nations in Brussels.

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Diet OKs bill on Japan's new vice defense minister

TOKYO - A bill to create a new post of vice defense minister for international affairs cleared the Diet on Friday, as Japan seeks a greater security role abroad under Prime Minister Shinzo Abe.

The vice defense minister will attend security talks under bilateral and multilateral frameworks. Currently, the administrative vice minister or a relevant director general attends such international conferences.



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Source: Japan Economic Newswire


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