JAPAN

A massive relief rally in financial markets on news of a $1 trillion deal to resolve Europe's debt crisis fizzled on Tuesday on nagging doubts about how Greece and other debt-laden euro zone countries will reduce their budget deficits.

Excitement over the euro zone's mammoth $1 trillion rescue package gave way on Tuesday to doubts whether its weakest economies can meet their end of the bargain and deliver drastic debt cuts, driving the euro and stocks lower.

A massive relief rally in world stocks on news of a $1 trillion deal to resolve Europe's debt crisis slowed down on Tuesday in Asia on nagging doubts about how Greece and other debt-laden euro zone countries will reduce their budget deficits.

Taiji, Japan - The villagers of Taiji were lab tested to have dangerous high mercury levels, likely because of their fondness for dolphin and whale meat. The village has been recently depicted in the Oscar documentary titled The Cove.

Toyota Motor Corp came under new scrutiny on Monday over its recall practices just after the Obama administration said the company was paying closer attention to safety matters.

(Corrects paragraph 9 and subhead reference to Toyota progress to strong from some)

Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far, suggesting the final bill could be much higher than many analysts predicted and sending its shares to a six-month low.

U.S. Transport Secretary Ray LaHood said he was encouraged by the steps Toyota Motor Corp has put in place to improve vehicle safety, but stressed he will be convinced only when its cars actually become safer.

The U.S. Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe.

The euro rebounded from 14-month lows and Asian stocks jumped on Monday after the European Union and IMF carved out an emergency rescue package of up to 750 billion euros ($1 trillion) to keep Greece's debt crisis from spreading through the euro zone.

The euro rose and Asian stocks jumped on Monday after the European Union and IMF carved out an emergency loan package of up to 750 billion euros ($1 trillion) to keep Greece's debt crisis from spreading through the euro zone.

Global policymakers cobbled together an emergency rescue package worth about $1 trillion to stabilize world financial markets and resolve the Greek debt crisis that threatened to sink the euro and unravel euro-zone unity.

The Group of Seven rich countries is concerned about Greece's debt problems, a Canadian official said on Friday, and hinted that there may be other countries that will also need help.

Apple Inc said on Friday it will launch the iPad tablet computer in nine international markets on May 28, following a strong debut in the United States last month.

European stocks are primed for a pummeling on Friday, following ravaged U.S. and Asian shares, as Europe's debt crisis sent waves of dread through global markets and battered sterling and the euro.

Shock waves from the relatively small Greek economy reverberated around the world, as investors worried about the chances of other European governments facing a similar debt crisis.

Tokyo Commodity Exchange Inc reopened the gas oil futures market and resumed trading today at 9:00 JST. TOCOM listed the gas oil futures contract in September 2003 but suspended it in February 2006. TOCOM resumed the gas oil futures contract today after trading had been suspended since 2006. We had requested that the exchange restarts the contract in light of the highly volatile situation of the international oil industry as well as the oil distribution market in recent years, commented Akihik...

Asian stocks were hammered on Friday as mounting fears over Europe's debt crisis sparked a global market rout that sent safe-haven assets soaring and clobbered sterling.

Honda Motor Co's chief financial officer said on Thursday automakers' need for a stable supply of steel meant negotiating prices with steelmakers every quarter was out of the question.

Japan's Nintendo Co posted its first quarterly profit growth in more than a year, helped by the launch of a popular game, but it forecast a second straight year of smaller profits as sales of its Wii console slow.

Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.1 to 0.2 percent, pointing to a firmer open on Wall Street on Thursday, after sharp declines in the previous session.