---------- Kirin Beverage to recall 432,000 Volvic bottles
TOKYO - Kirin Beverage Co. said Friday it will voluntarily recall about 432,000 bottles of Volvic mineral water as it found the bottles tainted with mold.
Affected by the recall are 1-liter plastic bottles of mineral water that went on sale mainly in convenience stores nationwide and have consume-by dates of March 2 and 3 of 2013. The bottles were produced at a plant in France in March this year.
---------- Mitsubishi Heavy files wind power turbine patent lawsuits against GE
TOKYO - Mitsubishi Heavy Industries Ltd. said Friday that it filed two damages suits in U.S. federal courts on Thursday against General Electric Co. over patents for turbines used in wind power generation.
In a lawsuit filed with a court in Florida, Mitsubishi Heavy said GE infringed on its patent for technology to control the pitch angle of rotor blades.
---------- FTC slaps 16 bil. yen fine on 5 fiber-optic cable makers over cartel
TOKYO - The Japan Fair Trade Commission on Friday imposed surcharges totaling 16 billion yen on Sumitomo Electric Industries Ltd. and four other fiber-optic cables makers for forming a cartel for the sale of devices ordered by group companies of Nippon Telegraph and Telephone Corp.
The competition policy watchdog also ordered Sumitomo Electric, Furukawa Electric Co., Fujikura Ltd., SWCC Showa Cable Systems Co. and Sumitomo 3M Ltd. to end their collusion.
---------- European fiscal uncertainty's impact on Japan to be limited: BOJ chief
TOKYO - Bank of Japan Governor Masaaki Shirakawa said Friday he expects the impact on the Japanese economy of increasing uncertainties over the European economy, stemming from the Greece debt issue, to be "limited."
"As of now, I expect the Japanese economy will see a limited impact from growing uncertainties over the European economy," Shirakawa said at a press conference after concluding a two-day policy meeting.
---------- Nikkei closes at 5-month low below 9,800 on global economic worries
TOKYO - Japan's key Nikkei stock index tumbled more than 2 percent Friday to end at a five-month closing low below the 9,800 line as global stocks slid and the safe-haven yen rose amid investor concern that eurozone debt problems will hamper the global economy.
The 225-issue Nikkei Stock Average dropped 245.77 points, or 2.45 percent, from Thursday to 9,784.54. The benchmark index briefly shed more than 3 percent to an intraday low of 9,696.63, before paring some losses and ending below 9,800 for the first time since Dec. 2.
---------- Dollar rises to around 90 yen after Japan finance minister's remarks
TOKYO - The U.S. dollar recovered to around the 90 yen line Friday in Tokyo after dropping to the 88 yen range overnight, supported partly by comments by the Japanese finance minister expressing caution about the yen's rapid appreciation.
At 5 p.m., the dollar changed hands at 89.88-89 yen compared with 89.63-73 yen in New York and 91.37-40 yen in Tokyo at 5 p.m. Thursday.
---------- Key 10-year JGB yield closes lower as global stocks slide
TOKYO - The yield on the benchmark 10-year Japanese government bond closed at a five-month low Friday as a slide in global equity markets boosted investor appetite for safe-haven bonds amid worries about tighter financial regulation and the European economy.
The yield on the No. 307, 1.3 percent issue, a key indicator of long-term interest rates, ended interdealer trading down 0.020 percentage point from Thursday's close to 1.235 percent. It briefly hit 1.220 percent during the day, the lowest since late December.