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Japan considers dropping out of 2018 WCup bid race

Sports Illustrated - 15 minutes ago

CAPE TOWN, South Africa (AP) -- Japan is considering withdrawing from the 2018 World Cup bidding race to concentrate on getting the 2022 tournament.

News Stories

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Toyota exec fears yen strength, not recall cost
AP via Yahoo! News - Fri Dec 4, 6:31 am ET
The big danger for Toyota isn't the cost of the massive U.S. recall to replace gas pedals, but instead shrinking income from the surging yen, a top executive said Friday.
Dollar drops before US jobs data
AFP via Yahoo! News - Fri Dec 4, 6:25 am ET
The dollar fell against the euro and yen on Friday as markets awaited the release of key monthly US jobs data.
Soccer world focuses on 2010 draw in Cape Town
AP via Yahoo! News - Fri Dec 4, 6:19 am ET
The eyes of the soccer world focused on Cape Town on Friday, with fans of 32 competing nations hoping for a kind draw at next year's World Cup.
Japan’s Bonds May Fall a 3rd Day on Concern Debt Sales to Rise
Bloomberg - Thu Dec 3, 7:06 pm ET
Dec. 4 (Bloomberg) -- Japanese government bonds may fall for a third day, heading for the first weekly drop in a month, on concern debt sales will increase next year.
Japan Futures, Australia Stocks Fall After U.S. Services Report
Bloomberg - Thu Dec 3, 7:01 pm ET
Dec. 4 (Bloomberg) -- Japanese stock futures and Australian shares fell after U.S. service industries unexpectedly shrank, raising concern the economic recovery is fragile.
Irvine leaders travel to Japan, Korea
Irvine World News - Thu Dec 3, 8:02 pm ET
IRVINE – Local leaders and business officials hoping to bolster Irvine's reputation as an international community recently embarked on a weeklong friendship trip to a sister city in Japan, and a side trip to Korea. With the city set to celebrate...
Japan official: 'Green tax' needed on fossil fuels
USA Today - Wed Dec 2, 3:09 pm ET
Japan needs a "green tax" on fossil fuels to fight global warming, the country's environment minister said Wednesday, even as he downplayed chances that upcoming climate talks in Copenhagen will produce a legally binding international agreement.
Hatoyama Delays Stimulus Package Amid Coalition Rift (Update1)
Bloomberg - Fri Dec 4, 6:00 am ET
Dec. 4 (Bloomberg) -- Japan’s Prime Minister Yukio Hatoyama failed to persuade one of his coalition partners to accept his stimulus package, delaying its release until next week.
Japan Tobacco Rises After Report on Cigarette Taxes (Update1)
Bloomberg - Thu Dec 3, 1:52 am ET
Dec. 3 (Bloomberg) -- Japan Tobacco Inc. rose the most in a year in Tokyo trading after the Mainichi newspaper reported the nation’s cigarette tax may be increased less than the amount sought by the Health Ministry.
Japan's Suzuki to withdraw from joint venture with General Motors in Canada
Minneapolis-St. Paul Star Tribune - Fri Dec 4, 3:08 am ET
TOKYO - General Motors Co. and Suzuki Motor Corp. have agreed to end their automaking joint venture in Canada, leaving GM without a Japanese production partner after also severing manufacturing links with Toyota.
World stocks mostly down ahead of key US jobs data
AP via Yahoo! News - Fri Dec 4, 5:20 am ET
World stocks mostly fell Friday ahead of a key U.S. jobs report that investors watch closely for signs of recovery and which could well set the market tone for the rest of the year.
Resource stocks drag Australia; JAL lifts Nikkei
Market Watch - Fri Dec 4, 5:10 am ET
Asian markets end mixed Friday as resource stocks in Australia decline along with commodity prices, while a battle for a piece of Japan Airlines lifts the carrier's stock and pushes Japan's benchmark above the 10,000 mark.
Japan envoy says final accord unlikely at climate talks
AFP via Yahoo! News - Wed Dec 2, 1:54 pm ET
Japan's envoy to climate change talks expressed doubt Wednesday that a final agreement would be reached at the UN summit on tackling global warming that starts next week in Copenhagen.
Japan Meeting On New Stimulus May Not Be Held Today -Minister
Nasdaq - Fri Dec 4, 2:31 am ET
TOKYO (Nikkei/Dow Jones)--A ministerial meeting to approve the Japanese government's latest economic stimulus package might not be held Friday as scheduled because of disagreements between coalition parties on details including the size of the package, a coalition politician said.
Nomura Sells 1st Benchmark Bonds in Euros to Diversify Funding
Bloomberg - Fri Dec 4, 4:41 am ET
Dec. 4 (Bloomberg) -- Nomura Holdings Inc. sold 1 billion euros ($1.5 billion) of bonds in what Japan’s biggest brokerage described as its debut international benchmark offering, as it seeks to diversify its funding.