TMCnet News
Kyodo news summary -9-+(Japan Economic Newswire Via Thomson Dialog NewsEdge)NEW YORK, Feb. 22_(Kyodo) _ ---------- TSE to determine Livedoor delisting by mid-March TOKYO - The Tokyo Stock Exchange is expected to make a decision by mid-March to delist Livedoor Co. stock as former Livedoor President Takafumi Horie and other former executives of the company were served with fresh arrest warrants Wednesday for alleged accounting fraud. At an urgently convened press conference following the fresh warrants, TSE Senior Managing Director Yasuo Tobiyama reiterated the TSE may begin a procedure to delist Livedoor stock if the Securities and Exchange Surveillance Commission files a fresh criminal complaint with prosecutors against the firm over alleged accounting fraud or if the prosecutors indict it. ---------- GSDF contingent chief stresses Iraq relief mission will continue SAMAWAH, Iraq - Yasushi Onodera, who heads the ninth contingent of Japan's Ground Self-Defense Force mission in Iraq, told a press conference on Wednesday that the humanitarian assistance in Samawah will continue as planned. Onodera, who spoke at a GSDF camp in the southern Iraqi city, said Japan has yet to decide when to start withdrawing GSDF members from Iraq. ---------- Britain's Straw condemns Iraq shrine attack LONDON - British Foreign Secretary Jack Straw condemned the attack on a Shiite shrine in Iraq on Wednesday as an attempt by terrorists to invoke civil war. "This criminal and sacrilegious act follows a series of recent attacks on innocent Iraqis. It is a blatant and despicable attempt by terrorists to try to ignite civil strife and to disrupt the process of forming a new Iraqi government," Straw said. ---------- Fuji may consider supporting Livedoor depending on sponsor TOKYO - Fuji Television Network Inc. may consider supporting the restructuring of Internet firm Livedoor Co. if a company with an established business base becomes its sponsor and presents a highly feasible restructuring plan, sources familiar with the matter said Wednesday night. But Fuji, which is Livedoor's second-largest shareholder, is reluctant to see investment funds or similar entities become the sponsor, the sources said, adding that Fuji thinks it would be hard to sell Livedoor shares that are being traded in a limited time. |