Kyodo news summary -4-.TOKYO, Aug. 13 Kyodo---------- Tokyo stocks almost flat with investors away on holidays TOKYO - Tokyo stocks traded nearly flat on Monday, showing little reaction to the weaker-than-expected Japanese economic data, with many investors away for the summer holiday season in Japan. The 225-issue Nikkei Stock Average Nikkei stock average Applies mainly to international equities. Price-weighted average of 225 stocks of the first section of the Tokyo Stock Exchange started on May 16, 1949. Japanese equivalent of the US Dow. ended down 6.29 points, or 0.07 percent, from Friday at 8,885.15. The broader Topix index of all First Section issues on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. finished 0.16 point, or 0.02 percent, higher at 746.95. ---------- Japan inks deal with Peru to provide 21 billion yen in loans TOKYO - Japan has signed a deal with Peru to provide up to 21.15 billion yen in loans to assist the Andean country's development, the Foreign Ministry said Monday. Under the deal closed in Lima on Friday, 8.77 billion yen will be used to carry out environmental measures in Peru's transport and energy sectors, and 5.08 billion yen to improve water supplies and sewer systems in Lima. ---------- Japan officials leave for U.S. to be briefed on Osprey osprey (ŏs`prē), common name for a bird of prey related to the hawk and the New World vulture and found near water in most parts of the world. crash TOKYO - Japanese defense officials left for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. on Monday to be briefed on the final results of the U.S. probe into the fatal crash of an MV-22 Osprey military transport aircraft in Morocco four months ago. The officials including Hideo Jimpu, parliamentary vice defense minister, are scheduled to hear the results from the Pentagon on Wednesday, with the U.S. side likely to say the crash was caused by pilot error and that there are no safety problems with the aircraft's planned deployment in Japan. ---------- Weaker Japan growth adds to view for more stimulus, monetary easing TOKYO - Japan's economy grew at a weaker-than-expected annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate of 1.4 percent in the three months through June on slower consumption, the government said Monday, adding to expectations for an emergency budget and additional monetary easing to underpin growth. Economists had forecast that second-quarter gross domestic product would expand an average real, or inflation-adjusted, 2.2 percent from the previous quarter in a Kyodo News survey. The result also came in much weaker than the 5.5 percent rise in the January-March period. |
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