From the News, Nation, Dawn, Pakistan Observer, Daily Times, Frontier Post, Nawa-i-Waqt (Urdu), Jang (Urdu) and daily Express (Urdu) newspapers                                                                            

26 October 2009

International News

Political

• Tokyo (AFP) Japanese Prime Minister Yukio Hatoyama said Sunday he was in no hurry to make a decision on relocating a controversial US military base in Japan before President Barack Obama’s visit next month (Daily Times, p- A9, Pakistan Observer, p- 3)

• HUA HIN (AFP) Asian leaders heard competing plans from Australia and Japan for a massive EU-style community covering half the world’s population as they wrapped up their annual summit on Sunday (Daily Times, p- A9)

• HUA HIN (REUTERS) Japan, the world’s fifth-biggest air polluter, offered a $400 million loan on Sunday to Indonesia, the world’s third –largest air polluter, to help tackle global warming, Japanese official said (Daily Times, p- A9, Dawn, p- 12)

• ABOARD THE JS KURAMA (AP) Japan’s navy held its triennial fleet review on Sunday, its first major demonstration of power under the country’s new government, which has vowed to cut back on some of its already limited activities overseas (Daily Times, p- A9)

Economic

• Tokyo (AFP) Ailing Japan Airlines will restructure itself under a state-backed corporate turnaround firm while the government mulls a special law to cut the carrier’s high pension payouts, reports said Sunday (Pakistan Observer, p- 7, The Frontier Post, p- 8)