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Kyodo news summary -1-.

TOKYO, Sept. 4 Kyodo

---------- Japan ranks 9th in global competitiveness rankings: WEF

GENEVA - Japan ranks ninth in terms of global competitiveness, up from 10th last year, thanks to the performance of its companies and research institutions, the World Economic Forum said Wednesday.

In its Global Competitiveness Report 2013-2014, the WEF cited national debt and the budget deficit as two major macroeconomic weaknesses that prevented Japan from rising further up the rankings.

---------- UNSC approval needed for attack on Syria: Ban

NEW YORK - U.N. Secretary General Ban Ki Moon said Tuesday any military attack on Syria must have Security Council approval.

His comments came as the United States and France move toward resorting to force against the government of Syrian President Bashar al-Assad over its alleged use of chemical weapons in rebel-held areas of Damascus last month.

---------- Uniqlo logs sales increase in Japan in FY 2013 after 2 yrs of drop

TOKYO - Casual clothing chain Uniqlo saw sales rise on a same-store basis for the first time in three years in Japan in the business year ending Aug. 31 on the back of a 12 percent increase in customer count, according to its operator Fast Retailing Co.

Sales campaigns through TV commercials and flyers coupled with a hot summer helped lift sales, according to the company. Spending per customer, however, dropped 4.3 percent.

---------- Rare tapes of classical greats including Rostropovich, Casals found

TOKYO - Rare recordings by famous visiting classical musicians broadcast in the 1950s and 60s including a performance by cellist Mstislav Rostropovich on his first trip to Japan have been found in the archives of Tokyo Broadcasting System Holdings Inc.

The broadcaster said Tuesday that the 218 monaural but high-quality pieces also include a performance by cellist Pablo Casals on his first visit to Japan in 1961 and the last concert given by violinist Jascha Heifetz in 1954.

---------- Nova reinstated as name of English-language schools

NAGOYA - Jibun Mirai Associe Co., the company that took over the bankrupt English-language school Nova, has set up a fully owned subsidiary also named Nova to operate the school, according to the Tokyo-based firm.

The new owner decided to retain the school's name because it is a well known brand in Japan, and it has already been using it for class names and other purposes since the takeover.

---------- Typhoon makes landfall in Kyushu Island, storm warning issued

TOKYO - Typhoon Toraji made landfall on the southern edge of Kyushu Island early Wednesday morning and is anticipated to march northeast, with stormy weather forecast chiefly for the southern part of the island.

It was the first time in around six years that a typhoon landed on Kyushu Island, according to the Japan Meteorological Agency.

---------- Dollar moves in mid-99 yen range early Tokyo deals

TOKYO - The U.S. dollar moved in the mid-99 yen range in Tokyo early Wednesday, sustaining its stability seen in New York overnight.

At 9 a.m., the dollar fetched 99.55-57 yen compared with 99.53-63 yen in New York and 99.63-64 yen in Tokyo at 5 p.m. Tuesday.

---------- Tokyo stocks open lower after sharp rally

TOKYO - Tokyo stocks opened lower Wednesday due to selling to lock in gains a day after the Nikkei index surged over 400 points, or nearly 3 percent.

At 9:15 a.m., the 225-issue Nikkei Stock Average was down 88.14 points, or 0.63 percent, from Tuesday at 13,890.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 6.87 points, or 0.60 percent, at 1,142.31.
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Publication:Japan Weekly Monitor
Geographic Code:9JAPA
Date:Sep 9, 2013
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