Japan

Japanese woman arrested for murdering virtual husband

Tokyo - A Japanese woman was arrested for cold-blooded murder of her husband - in cyberspace.

According to a report by the Yomiuri Shinbum newspaper on Saturday, the 43-year-old from Miyazaki prefecture in southern Japan, was outraged that her virtual husband divorced her character in the online game Maple Story.

Gamers in the virtual role-play enter social relationships with other characters and fight against virtual enemies. The woman married her game partner, but the man, a company employee from Sapparo in northern Japan divorced her again subsequently.

Police said the woman, identified as Mayumi Tomari, illicitly obtained the man's password and ID and terminated his online existence.

Strong yen hits Japanese carmaker Honda

Strong yen hits Japanese carmaker HondaTokyo - Operating profits of Japan's second-largest carmaker Honda Motor Co are likely to drop sharply owing to the yen's strengthening against the dollar, a newspaper report said Saturday.

The Nikkei business newspaper reported that Honda's operating profits are expected to drop by about 40 per cent to between 550 and 580 billion yen (5.8 to 6.15 billion dollars).

At the beginning of the business year, which runs until March 31, 2009, Honda had projected operative profits of 650 billion yen, but revised it downwards in April to 630 billion yen.

Asian stock markets dive on recession fears

JapanTokyo - Asian stocks, led by Tokyo and Seoul, plummeted for a third-straight day Friday on fears of a worldwide recession, defying an overnight rise on Wall Street.

Japan's benchmark Nikkei 225 Stock Average lost nearly 10 per cent of its value, tumbling below 8,000 for the first time since May 2003, on indications the global financial crisis was beginning to hit the nation's exporters.

China, Japan pledge cooperation on finance

Beijing - The prime ministers of China and Japan on Friday pledged to cooperate in maintaining stability in the face of the global financial crisis.

Chinese Prime Minister Wen Jiabao and Japanese Prime Minister Taro Aso held talks amid a series of bilateral meetings before a summit of Asian and European leaders in Beijing on Friday and Saturday.

Wen told Aso that the two nations should have "more policy dialogue and coordination to maintain stability in the financial markets," the Chinese foreign ministry reported.

Cooperation between China and Japan in the face of the international financial crisis was "vital for the stability of Asia," the ministry quoted Wen as saying.

Nikkei falls below 8,000, down nearly 10 per cent

Tokyo - Japan's benchmark Nikkei 225 Stock Average on Friday lost nearly 10 per cent of its value, tumbling below 8,000 for the first time since May 2003, on indications the global financial crisis was beginning to hit the nation's exporters.

The Nikkei shed 811.9 points, or 9.6 per cent, to close at 7,649.08.

The broader Topix index of all first-section issues plunged 65.59 points, or 7.52 per cent, to 806.11.

The tumble was led by Sony Corp, whose shares plunged 14 per cent one day after the world's second-largest electronics company warned its profits this year were expected to drop nearly 60 per cent compared with last year.

Japan parliament appoints Bank of Japan deputy governor

Japan parliament appoints Bank of Japan deputy governor Tokyo - Japanese parliament on Friday approved a government nominee to fill a vacancy at the central bank's deputy governorship.

Hirohide Yamaguchi, 57, who currently serves as the Bank of Japan's executive director, was appointed as the bank's deputy governor after the opposition-controlled upper house supported the government's choice.

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