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

24 February 2010

ECONOMICS

International

• Tokyo (AFP) The dollar drifted lower against the yen in Asian trade Tuesday as speculation of an early hike in US interest rates eased following dovish comments by a Federal Reserve officials, dealers said. (Pakistan Observer, p-6)
  
• Tokyo (AFP) Toyota battled Tuesday to seize back the initiative over a worldwide rash of safety recalls as the Japanese automaker, heading into a showdown in Congress, grappled with US criminal subpoenas. (Pakistan Observer, p-7)
  
• Tokyo (AFP) Japan’s Government said Tuesday it would review the country’s automotive and other producer recall systems to strengthen consumer protection following Toyota’s global safety recall.  (Pakistan Observer, p-6)
  
• Tokyo (Agencies) Japan’s Government warns on Tuesday that deflation, worsening job conditions and weaker global growth could hurt the fragile economic recovery. (Frontier Post, Page- 8)
  
• Tokyo (Agencies) A US federal grand jury has subpoenaed documents from Toyota. (Frontier Post, Page-8)
  
• Tokyo (INB) Japan is succeeded in making electric car with bamboo (Daily Express, Page-10)
  
  Local
  
• Islamabad (APP) Delegation of Japanese bank had a meeting with the Federal Minister for Privatization Senator Mr. Waqar in Islamabad. (Jang, Page-3)

CULTURE

International

• Tokyo (AFP) Preparations for an exhibition of photographs by Pakistani photographers are under way in Tokyo. (Jang, Page-3)