Kyodo news summary -3-
(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Oct. 28 -- (Kyodo) _ ---------- NTT Com to buy U.S. cloud computing service provider
TOKYO - NTT Communications Corp. plans to acquire Virtela Technology Services Inc., a U.S. provider of cloud computing services, to enhance its ability to offer online access to software and data storage for clients globally, sources familiar with the matter said Monday.
The Nippon Telegraph and Telephone Corp. arm envisions acquiring another foreign cloud service provider on top of Virtela, based in Greenwood Village, Colorado, the sources said without identifying the other company. The investment in the two firms is expected to amount to 100 billion yen.
---------- Japan lodges protest over China's intrusion around Senkaku
NAHA, Japan - Japan lodged a protest with Beijing over a series of intrusions by Chinese official ships into Japan's territorial waters near the Senkaku Islands in the East China Sea, Chief Cabinet Secretary Yoshihide Suga said Monday.
"It is extremely disappointing and regrettable that the intrusions by Chinese official vessels have occurred frequently," Suga told a press conference in Tokyo.
---------- Mongolian president departs on official visit to N. Korea
ULAN BATOR - Mongolian President Tsakhiagiin Elbegdorj on Monday departed on an official visit to North Korea during which he is slated to discuss bilateral and regional affairs with the country's leader Kim Jong Un, according to a Mongolian government source.
The president will be the first foreign head of state to visit North Korea since Kim took up the post of first secretary of the ruling Workers' Party of Korea in April last year, after the death of his father and longtime ruler Kim Jong Il.
---------- Japan, Colombia kick off 3rd round of FTA talks
TOKYO - Japan and Colombia kicked off their third round of free trade negotiations Monday in Tokyo, which will cover tariff reduction, rules of origin and public procurement.
At the outset of the five-day meeting through Friday, Jun Yokota, Japan's ambassador in charge of economic diplomacy, said Tokyo hopes to "continue negotiations to reach a high-level comprehensive accord" with Bogota.
---------- Abe departs for Turkey to promote economic diplomacy
TOKYO - Prime Minister Shinzo Abe on Monday left for a three-day trip to Turkey where he is expected to affirm closer bilateral economic cooperation, including Japan's exports of nuclear power reactors, in a meeting with Turkish Prime Minister Recep Tayyip Erdogan.
The trip, following one in May when the two governments signed an accord for peaceful use of atomic power, is also aimed at bolstering security cooperation as well as exploring the possibility of launching negotiations for a bilateral free trade agreement, according to Japanese officials.
---------- Panel criticizes Mizuho for lacking awareness over shady loans
TOKYO - A third-party panel probing Mizuho Bank's provision of loans to organized crime groups on Monday criticized the major commercial bank for lacking awareness in lending money to such groups and said Mizuho did not make enough efforts to eliminate "antisocial" groups from its borrowers.
The panel of lawyers recognized that the megabank did not intend to cover up the scandal systematically when it submitted a false report on the issue to the Financial Services Agency, but they said the bank acted hastily in its handling of the scandal, according to a report the panel presented to the bank earlier in the day.
---------- Fukushima situation to affect restart of TEPCO's other plant: NRA
TOKYO - A senior official of the Nuclear Regulation Authority suggested Monday that Tokyo Electric Power Co. should improve its management of the crippled Fukushima Daiichi nuclear power plant before restarting reactors at another nuclear complex.
Referring to the Kashiwazaki-Kariwa plant that TEPCO seeks to restart, NRA Secretary General Katsuhiko Ikeda told reporters, "The NRA will decide whether to go ahead with the safety assessment by seeing how the situation at the Fukushima Daiichi improves."
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