BoJ seeks infusion of public funds
Tokyo: The Bank of Japan (BoJ) called on Friday for a stricter assessment of banks’ non-performing loans and said the government should consider using public funds if the disposal of bad loans depleted banks’ capital.

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Loan rangers: Japan banks look for doubtful numbers
Tokyo: Japanese banks are under greater pressure than ever to tighten up their assessment of bad loans after the appointment of a hardline financial services minister but a core problem remains how do you measure a bad loan?
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Kmart unit seeks court OK for ISP sale
Bankrupt discount retailer Kmart's Internet Service Provider Bluelight.com said on Friday it had filed a motion with federal bankruptcy court seeking approval for its sale to United Online.
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US retail sales plunge by 1.2% in September
New York: Consumers _ the lifeblood of the economy _ sharply cut back on their spending in September, driving down sales at the nation's retailers by 1.2 per cent, the largest drop in 10 months
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