Beirut - The Lebanese government has asked Saudi Arabia to deposit $1 billion at the central bank to boost the country's foreign currency reserves, the finance minister was quoted as saying on Wednesday.
Tokyo, Japan, Mar 12, 2008 - (JCN Newswire) - M's Science Corporation and Eisai Co., Ltd. (TSE: 4523) announced today that the companies entered into an option agreement for SA4503, a novel sigma agonist which is being developed by M's
Toyota Motor Europe, a unit of Toyota Motor Corp. , has announced that it will invest about 115 million euros to produce new small engines at its factory in northern Wales. The plant will manufacture four-cylinder, 1,300-c.c. engines from late
Stocks scored solid gains on the Tokyo Stock Exchange Wednesday, as investors cheered a loan rescue package announced by the U.S. Federal Reserve to stem a credit squeeze that is threatening the world's largest economy. The 225-issue Nikkei average closed
Beer and quasi-beer shipments in Japan in February grew 6.5 pct from a year before thanks to increasing purchases of Asahi Breweries Ltd.'s products before its price hikes in March, industry data showed Wednesday. Shipments in the month totaled 34,351,000
Japan's Taisho Pharmaceutical Co. said Wednesday it has obtained a majority stake in smaller rival Biofermin Pharmaceutical Co. through a tender offer that ended Tuesday. Taisho, which offered to buy Biofermin shares for 3,620 yen apiece, spent a total of
Major Japanese restaurant operator Yoshinoya D&C Co. plans to resume by August serving "gyudon" beef bowls for 24 hours a day, company officials said Wednesday. The company will restart the around-the-clock gyudon sales for the first time since it stopped
KDDI Corp. said Wednesday it will invest 25 billion yen by 2010 to enhance its overseas data center operations to meet growing demand for data management services from Japanese companies operating overseas. With the investment, the major Japanese telecommunications firm
The share of new-generation DVD recorders in Japan's overall DVD recorder shipments in February came close to 40 pct on a value basis, a survey by a market research company showed Wednesday. New-generation DVD recorders accounted for 36.8 pct of
Sharp Corp. remained the top supplier of mobile phones in Japan in 2007 for the second straight year, market research company IDC Japan said Tuesday. Sharp took a 25.1 pct share of domestic mobile phone shipments, up from 18.6 pct
Nissan Motor Co. said Wednesday that Katsumi Nakamura, president of its Chinese joint venture, Dongfeng Motor Co., will join the management committee of its French partner, Renault SA. Nakamura will become an executive vice president of Renault on May 5,
Osaka-based Nippon Paint Co. has announced a plan to set up a company in China to make and sell paints for ships in late March. The new firm, Nippon Paint Marine (Zhangjiagang, China) Co., will be capitalized at 4 million
Industrial growth, as measured by Index of Industrial Production (IIP) slipped to 5.3 per cent in January, from 11.6 per cent in the same month last year, as per figures released by the government. This indicated the beginning of a
Government bond prices rose by twenty paise to eighty five paise. The 8.33 per cent government stock matruing in 2036 firmed up to Rs 103.39 from Rs 102.56 previously while its yield dropped to 8.02 per cent from 8.10 per
Top securities (non-repo) traded on WDM segment were, the 8.33 per cent government security maturing in 2036 traded for Rs 305.00 crore at a weighted yield of 8.06 per cent, the 7.99 per cent government security maturing in 2017 traded
The company has announced a new tagline -"Next is What?" being used in all its communication material along with the launch of five new models of mobile phones. "With Aamir Khan as our brand ambassador, our strong, differentiated product line-up
He also allayed the fears arising out of a steep fall in industrial production for January and said the steps proposed in Budget could boost output. Speaking to reporters on a the sidelines of a function here Rangarajan said, "High
The All India Punjab National Bank Officer's Association (AIPNBOA) and All India Punjab National Bank Employee's Federation (AIPNBEF) also said that they would go on a one-day strike on March 31 if their demands were not met by the management
The Gujarat High Court, while allowing Ahmedabad-based Paras' appeal, had restrained Ranbaxy from airing its advertisement related to Volini, "its largest selling topical pain reliever in India," in its present form and asked it to change the colour of the
Hindustan Copper Ltd would also be included in the BSE-PSU Index, while SISCOL would be excluded from the BSE Small Cap Index, the circular said. BSE-500, a basket of 500 constituent stocks, represents nearly 93 per cent of the total
