Saturday, March 8, 2008 5:48 pm | 
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ShinGinko has 8 billion yen in uncollectible loans
ShinGinko Tokyo, the teetering bank established by the metropolitan government for small businesses, has accumulated 8.6 billion yen in uncollectible loans, some of which were likely extended to fraudulent businesses, officials said.
[ASAHI]
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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.
