Wednesday, March 26, 2008 6:08 pm | 
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Tokyo assembly panel OKs 40 bil. yen injection for Shinginko Tokyo
A budget panel of the Tokyo metropolitan assembly on Wednesday approved a controversial plan to invest an additional 40 billion yen for Shinginko Tokyo on condition that the metropolitan government strengthens its surveillance of the heavily indebted bank and spends no more taxpayers’ money on it.
[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.
