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Pedestrians are reflected on an electronic stock board in downtown Tokyo. Japan’s Nikkei Stock Average dived 178.10 points yesterday, increasing pressure on Japan’s central bank to revert to a zero interest-rate policy.
Associated Press
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Waikiki to get daily cleanup
Waikiki business leaders announced a $1.25 million contract yesterday that will put more than a dozen cleaning people on the district’s streets each day starting next week.
Japan official pressured to ease lending
Japan's counterpart to U.S. Federal Reserve Chairman Alan Greenspan is under growing pressure to revert to the near-zero interest-rate policy that he helped end in August.
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New feel at Liberty House's main store
Customers and salesclerks said they could sense a change inside the Liberty House store at Ala Moana Center on the first day after the longtime retailer emerged from almost three years of bankruptcy proceedings. |
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Napster to block music copying
Napster Inc., facing the prospect of a court order that might shut it down, will block access by this weekend to more than 1 million copyright music files on its Internet song-sharing service, the company said. |
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Greenspan denies bungling
Federal Reserve Chairman Alan Greenspan yesterday rejected suggestions that the economy slowed dramatically because the central bank bungled the handling of monetary policy. |
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Yen plunges vs. dollar
The yen plunged against the dollar yesterday, after the Japanese government reported higher-than-expected unemployment and stagnant consumer spending in January. |
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eBay, Bidder's Edge end lawsuit
Online auctioneer eBay Inc. and Bidder's Edge Inc. have settled their long-running legal dispute, leaving unresolved the underlying issue of virtual trespassing on Web sites. |
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