from yesterday's Nikkei

日産、中・小型を自社開発　１１年めど国内販売　市場拡大に対応　ハイブリッド車　トヨタからの技術供与　打ち切りへ

According to sources, Nissan Motor Co.,Ltd. has decided to develop so-called hybrid technology for small and mid-sized vehicles. Such developed technologies will be installed to mini-van vehicles and others in its scheduled plan.It intends to put such vehivles on sale starting in around 2011.

At present, Nissan is not doing the development of hybrid technology with the agreement with Toyota reached in 2002 between the two companies that Toyota would supply Nissan with a necessary knowledge of hybrid technology.

But, in the near future, Nissan will abolish the agreement with Toyota.

from yesterday's Nikkei

予算の無駄　省庁別公表　来月末の概算要求から　２０００～３０００億円減めざす

According to sources, the government will launch on further reducing wasteful spending of the budget.According to the plan, on the budget request for the next fiscal year from each ministry or agency at the end of August this year, the ministry and agency is to be requested to reveal its self-examined result of the waste of its budget. The ministry and agency also is requested to make public the result of its self-check of the waste.In the next fiscal budget formulation, the government intends to secure as much as 200 to 300 billion yen of resources by avoiding so-called wasteful spending of the budget.

from today Nikkei

都議選　民主第一党　自民後退　首相責任論強まる

In the Tokyo Metropolitan Assembly election,widely seen as a bellwether of the upcoming House of Representatives election,the ballots were cast Sunday,on July12, and on the same day the vote counting was done. According to the results, the Democratic Party of Japan likely will get a leading position and the Liberal Democratic Party will retreat from the top position in the assembly.
This will surely evoke the voice among the ruling camps that Prime Minister Taro Aso should take responsibility for it.

from yesterday's Nikkei

温暖化ガス　「５０年後に半減」合意難しく　サミット会合　新興国、姿勢変えず
ＷＴＯ交渉　来年決着へ調整

Leaders from the Group of Eight nations meeting(the L'Aquila summit) hold on July 7 expanded meeting which includes developing countries such as China and India, as well as eight major industrial coutries.Following the expanded meeting,summit meeting of Major Economies Forum consisting of 17 major greenhouse gases emission countries is to be held.

In terms of global warming focal point agendum at the meeting, they will discuss the goal of reducing the gases emission to half by the year of 2050,it is likely to be difficult for developing countries to agree to it.

In terms of world trade liberalization,they are making a final adjustment to confirm that the Doha Round talks in the WTO should be finished until the end of 2010.

from tgoday's Nikkei

製造業赤字縮小相次ぐ　新興国需要や合理化効果　４～６月　東芝やホンダ、計画上回る改善　先行き見通しは慎重

There have been an increasing number of companies among domestic major manufacturers which have diminished their deficits in their business performances in the period from April through June compared with the period from January through March.Specifically, Toshiba likely decreased its deficit from 74 billion yen to smaller than 50 billion yen. Other companies in the electric machinery industry also seems to have improved their performances. In the automobiole industry also, there is a possibility that the top three makers reduced their deficits of 1.2 trillion yen in total by the level of several hundreds of billion yen.
These results are thought to be due to the recovery of demand in developing countries and companies' rationalizing efforts.

Ansewring the question why these results come, officials of Toshiba and Honda both replied that they could reach improvement earlier than they had planned.

But in terms of the future prospects, there are still many who think it is a long way to get on the full recovery.