Sunday, July 8, 2007 5:32 pm | 
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Nippon Life reportedly to invest in Resona
Nippon Life Insurance Co. plans to invest tens of billions of yen in Resona Holdings Inc. via the purchase of preferred shares to be issued as early as this fall, financial industry sources said Saturday.
[KYODO]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
