Monday, March 10, 2008 8:29 am | 
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10% of Shinginko Tokyo’s loans irrecoverable
The 28.5 billion yen of irrecoverable loans at Shinginko Tokyo accounts for around 10 percent of the overall loan amount of the bank, which is backed by the Tokyo metropolitan government, informed sources said Sunday.
[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.
