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

7 January 2010

International News

Economic

• Tokyo (AFP) Japan’s Prime Minister named his deputy Naoto Kan as finance minister Wednesday, replacing 77-year old Hiroshia Fujii who is stepping down for health reasons in a blow to the three-month old government (The Nation, p- 17, Pakistan Observer, p- 3, The Frontier Post, p- 6)

• Tokyo (AFP) The resignation of ailing Japanese finance minister is accepted (Daily Express, p- 10)

• Tokyo (Reuters) Shares of Japan Airlines fell more than four percent on Wednesday after the Nikkei business daily reported the Development Bank of Japan (DBJ) and the Ministry of Finance (MoF) are seeking court-led bankruptcy proceedings (Daily Times, p- B4)

Misc

• Tokyo (AFP) Tsutomu Yamaguchi, who survived the US atomic bombings of both Hiroshima and Nagasaki in 1945 to tell the world of the horrors, has succumbed to stomach cancer, his family said on Wednesday (Dawn, p- 12, Daily Times, p- A9, Pakistan Observer, p- 3)

• (Courtesy Telegram) Anti-whaling ship sinks after collision with Japanese vessel (Daily Times, p- B8)