Kyodo news summary -4-
(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Oct. 12 -- (Kyodo) _ ---------- Vietnam leaders mourn Gen. Giap at start of two-day state funeral
HANOI - Top Vietnamese leaders on Saturday paid their last respects to Gen. Vo Nguyen Giap as the nation mourned the war hero who died last Friday at the age of 102.
Vietnam's rulers gave the legendary war strategist the honor of a two-day state funeral in recognition of the role he played in the war effort first against France and later against the United States, which eventually brought the unification of the country under communist rule in 1975.
---------- Typhoon Nari leaves 15 people dead or missing, thousands homeless in Philippines
MANILA - Typhoon Nari moved out of the Philippines on Saturday, leaving in its wake 12 people dead, three missing and more than 6,000 homeless as well as extensive power outages, authorities said.
The storm made landfall on Friday evening in the eastern-central Luzon province of Aurora.
---------- Panasonic lands order for lithium cells from Indian conglomerate
OSAKA - Panasonic Corp. has received an order from Indian conglomerate Reliance Group for lithium-ion batteries for use in mobile communication base stations, industry sources said Saturday.
Panasonic has already began shipping products to Reliance, whose business sectors include telecom, financing, energy, infrastructure and health, the sources said, adding the company has not disclosed the value of the order.
---------- FSA to consider additional action against Mizuho
TOKYO - The Financial Services Agency will consider taking additional administrative action against Mizuho Bank after the bank reports later this month how and why its earlier report on its loans to crime groups failed to disclose the truth about the involvement of its executives, according to FSA officials.
Mizuho Bank, one of the biggest Japanese lenders, may face criminal prosecution if the second report to the agency, to be submitted by Oct. 28, shows that the bank obstructed the authorities by intentionally hiding documents.
---------- IMF policy panel holds meeting on risks for global economy
WASHINGTON - The policy-setting panel of the International Monetary Fund began a meeting Saturday to discuss the latest situation surrounding the global economic recovery and downside risks for it such as high unemployment rates.
The International Monetary and Financial Committee is also expected to discuss risks related to the partial U.S. government shutdown and the limit on the U.S. debt ceiling as well as Japan's measures aimed at propping up its economy, according to statements prepared by some of its members.
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