JAPAN

Japan mulls $13 billion Fukushima bailout: source

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The Japanese government may inject about $13 billion into Tokyo Electric Power Co <9501.T> as early as next summer in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, sources said on Thursday.

Japan mulls $13-19 billion bailout of nuclear operator

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The Japanese government may inject between $13 billion and $19 billion into Tokyo Electric Power Co <9501.T> in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, domestic media reported on Thursday.
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Japan considers bailout of stricken nuclear operator: report

The Japanese government may inject between $13 billion and $19 billion into Tokyo Electric Power Co <9501.T> in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, domestic media reported on Thursday.
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Japan: not aware of IMF $600 billion euro zone aid plan

A Japanese government official said on Thursday he had not heard of a reported $600 billion IMF lending facility to help the euro zone, although Japan would consider providing bilateral loans to the Fund if warranted by developments in Europe.
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Analysis: Asia's economy heading for yo-yo year in 2012

Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
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Samsung's November TV sales hit record

Samsung Electronics Co, the world's top TV brand, said on Thursday its television sales hit a record 5.7 million units in November, helped by strong U.S. sales during the long Thanksgiving weekend.
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UAW won't name foreign auto organizing target

The United Auto Workers union has decided it will not identify an organizing target among foreign automakers with U.S. operations, a shift in strategy in a campaign that union leadership sees as central to its survival.
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World's Oldest Dog Pusuke Dies at 26, 5 Tips for Pet Longevity

Pusuke, the world's oldest living dog noted by the Guinness Book of Records, died on Monday at age 26 in his home in Japan. Pusuke lived more than twice the median life expectancy for a dog, but how did his owner achieve such astounding longevity?
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
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Tepco plans $1.3 billion in additional cost cuts: source

Tokyo Electric Power Co <9501.T> plans an additional 100 billion yen ($1.3 billion) in cost cuts and is considering selling thermal power plants to help cover compensation and cleanup costs at its crippled Fukushima nuclear power plant, a source familiar with the situation said on Wednesday.
Olympus Corp President Takayama and accounting division&#039;s official Onishi bow at the start of a news conference in Tokyo

Olympus Board Signals it will Quit

Olympus Corp's board signaled plans to quit over a $1.7 billion accounting fraud, but will likely pick a team of potential successors, triggering a battle for control of the Japanese firm with the former CEO who blew the whistle on the scandal.
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Olympus board signals may quit by late-February

The entire board of Japan's Olympus Corp signaled its plans to quit, maybe as early as February, over a $1.7 billion accounting fraud, and set up an outside committee to advise whether to sue those responsible for the scandal.
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Olympus decides to pursue possible legal action - report

Disgraced Olympus Corp decided on Wednesday to set up a special committee to consider possible legal measures, such as criminal charges and civil suits, against those responsible for hiding investment losses dating back to the 1990s, Kyodo news agency reported.
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Nintendo: 3DS gets boost from Mario, at least in Japan

Sales of Nintendo Co Ltd's 3DS games device will hit 3 million units in the Japanese market within days, but consumers in the U.S. and Europe seem to be delaying their holiday season shopping due to poor economic conditions, the company said.

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