Fast Mitsubishi News

May 28 (Bloomberg) -- Crude oil fell in New York on speculation U.S. fuel prices may ease as refiners increase output to meet summer demand.

Tokyo, Japan, May 27, 2007; Mitsubishi Motors Corporation announces that it has won a U.S. Environmental Protection Agency (EPA) 2007 Climate Protection Award in recognition of its contribution to protection of the global climate for the Power-saving Automotive Air Conditioning Unit that it has developed in collaboration with Mitsubishi Heavy Industries.

May 28 (Bloomberg) -- Japan's 10-year bond yields held near the highest since February after the Nikkei 225 Stock Average rebounded from the biggest decline in a month.

Port Macquarie driver, Peter Leight and Kempsey navigator, Brett Sutherland, have won this year’s BP Clybucca Rally which was held in the Tamban State Forest area north of Kempsey on Saturday May 26.

Former Mitsubishi Ralliart Australia driver, Scott Pedder, will contest the Rally of New Zealand for the first time this year. Along with regular co-driver Glen Weston, Pedder will drive a Mitsubishi Lancer Evo 9 leased from former top New Zealand driver, Reece Jones.

May 28 (Bloomberg) -- Japanese stocks rebounded from their biggest loss in a month, led by trading companies, after commodities prices rose at the end of last week. Exporters advanced after the yen weakened against the dollar and euro, boosting the value of their overseas sales.

TOKYO, May 28 (Reuters) - Japanese government bond futures fell to a seven-month low on Monday as expectations that interest rates would rise in coming months continued to weigh on market sentiment.

Richard Mason and Emma Gilmour are desperate to get their national rally championship campaigns back on track at Masterton this weekend.

A sport utility vehicle owned by Bataan Gov. Enrique Garcia was stolen in Barangay Palanan, Makati City, DZMM reported Monday. Garcia told DZMM that his white Mitsubishi Pajero (WLT-312) was stolen while parked on Casino Street in Barangay Palanan.

A TRIO of Irish tarmac specialists dominated the Kelso-based Jim Clark International Rally with Eugene Donelly claiming overall victory by almost three minutes in his Subaru Impreza World Rally Car.

Morganton - A car wreck on N.C. 18 South on Sunday afternoon sent four people to the hospital. Geraldine Sigmon lives near the wreck scene, about a mile south of George Hildebrand School Road.

OARAI, Ibaraki Pref. (Kyodo) Tetsuji Hiratsuka made a decisive birdie on the final hole to wrap up a final-round 67 that gave him his first title of the year with a come-from-behind victory at the Mitsubishi Diamond Cup on Sunday. Hiratsuka overcame the four-shot deficit he faced at the beginning of the day with five birdies against a bogey en route to a 2-under-par 282 at the par-71 Oarai Golf ...

May 28 (Bloomberg) -- Japan's government bonds may fall for a fourth day on speculation stocks will rebound from the biggest decline in a month, reducing demand for debt.

May 28 (Bloomberg) -- Japanese stocks may climb, led by trading companies, after commodities prices rose at the end of last week. Exporters could advance after the yen weakened against the dollar and euro, boosting the value of their overseas sales.

May 28 (Bloomberg) -- Japanese stocks may climb, led by trading companies, after commodities prices rose at the end of last week. Exporters could advance after the yen weakened against the dollar and euro, boosting the value of their overseas sales.

PETALING JAYA: Malaysia’s Karamjit Singh and co-driver Jagdev Singh continued with their winning streak, chalking up an impressive victory in the second leg of the Malaysian Rally Championships in Paka, Terengganu, yesterday.

HONG KONG, May 28 (Reuters) - Asian stocks listed on Wall Street climbed 0.58 percent, recovering from a fall in the previous session as takeover news, such as Nasdaq's plan to buy Nordic exchange company OMX, lifted optimism on Wall Street.

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It’s a long time since night rallying played a major part in the Australian Rally Championship, but this week’s Rally of Canberra takes a step back in time with a forest stage conducted in darkness – and spectators can’t wait for it.

And it all but washed away the challenge to rally leader Eugene Donnelly. A master of the wet, he sent his Subaru Impreza splashing through the puddles of the Fogo stage to extend his lead over Tim McNulty to almost one-and-a-half minutes.

_ Tetsuji Hiratsuka made a decisive birdie on the final hole to wrap up a final-round 67 that gave him his first title of the year with a come-from-behind victory at the Mitsubishi Diamond Cup on Sunday.

NAKOSO, Japan – The new, shiny power plant in this seaside village could change everything for coal plants in Texas.

_ Leading scores Sunday after the final round of the Mitsubishi Diamond Cup at Oarai Golf Club (7,156 yards, par 71) in Ibaraki Prefecture (Japanese unless noted).

As Isaias Arroyo worked under the hood of his car in the parking lot of the Wal-Mart at Belvedere Road and Military Trail on May 16, he probably didn't see the man approaching wielding a baseball bat.

May 26 (Bloomberg) -- Japan's five-year notes had the biggest weekly drop since December on speculation reports showing faster-than-expected growth in the U.S. will help the Bank of Japan build the case for raising interest rates.

After weeks of pounding the pavement, Marco Mura got the break he needed to get back on his feet after he was paroled from prison. ... - By PATRICK MEIGHAN Telegraph Staff

OARAI, Ibaraki Pref. (Kyodo) Toru Taniguchi moved into position for his first win of the season on Saturday after a 1-under par 70 extended his overnight lead to two shots heading into the final round of the Mitsubishi Diamond Cup.

PETALING JAYA: Former production car world rally champion Karamjit Singh and his co-driver Jagdev Singh held a slim lead of 42 seconds after the first day in the second round of the Malaysian Rally Championship in Paka, Terengganu yesterday.

Palm Beach County Sheriff's deputies arrested a West Palm Beach man Friday and charged him with the murder of a man attacked earlier this month at a Wal-Mart parking lot.

Palm Beach County Sheriff's deputies arrested a West Palm Beach man this morning and charged him with the murder of a man attacked earlier this month at a Wal-Mart parking lot.

Nothing wrong till now. It is roomy and heavy. Makes you feel reliable, especially when you drive on a freeway. It is big enough for your family, and powerful to tow a cartage. I drove about 30,000KM till now, and I did not even spend $1 dollar on repairs.

_ Leading scores Saturday after the third round of the Mitsubishi Diamond Cup at Oarai Golf Club (7,156 yards, par 71) in Ibaraki Prefecture (Japanese unless noted).

_ Toru Taniguchi moved into position for his first win of the season on Saturday after a 1-under par 70 extended his overnight lead to two shots heading into the final round of the Mitsubishi Diamond Cup.

May 26 (Bloomberg) -- Standard & Poor's, the international ratings company, said yesterday it placed the long-term corporate credit ratings of Japan Airlines Corp. on credit watch with negative implications, after a report that the carrier asked its banks to convert some debt into equity.

May 26 (Bloomberg) -- Japan's five-year notes had the biggest weekly drop since December on speculation reports showing faster-than-expected growth in the U.S. will help the Bank of Japan build the case for raising interest rates.

May 26 (Bloomberg) -- Asian stocks advanced this week after Japanese lenders Mizuho Financial Group Inc. forecast record earnings and Sumitomo Mitsui Financial Group Inc. said profit will increase this business year.

OARAI, Ibaraki Pref. (Kyodo) Tour veteran Toru Taniguchi climbed to the top of the leaderboard after a 2-under-par 69 at the midway point of the Mitsubishi Diamond Cup on Friday.

The agreement, signed in Japan earlier this week, solidifies the more than 40-year relationship between the two companies, Raytheon said. Mitsubishi Electric is the licensed producer of Raytheon's HAWK, Seasparrow, ESSM and Patriot missile systems.

Defense contractor Raytheon Co. said Friday it signed an agreement with Mitsubishi Electric Co. to jointly explore global market opportunities in naval radars and combat systems.

TEWKSBURY, Mass (Thomson Financial) - US defence contractor Raytheon Co said it has signed a deal with Japan's Mitsubishi Electric Co to explore opportunities in naval radars and combat systems.

No financial terms were disclosed. tf.TFN-Europe_newsdesk@thomson.com wj COPYRIGHT Copyright AFX News Limited 2007. All rights reserved.

Raytheon Company's Integrated Defense Systems' President Dan Smith signed an agreement with representatives of Mitsubishi Electric Company that will allow both companies to cooperatively explore global market opportunities in naval radars and combat systems.

Tokyo, Japan, Apr 25, 2007 -Mitsubishi Heavy Industries, Ltd. (TSE: 7011, "MHI") has received an order for nine centrifugal liquid chillers from Hynix Semiconductor Inc., a major semiconductor manufacturer in Korea. The chillers will be installed in semiconductor production lines being newly added at Hynix's Icheon Plant for use in air-conditioning its clean rooms. MHI previously received two ...

A once-in-a-lifetime opportunity to ride in a full 2007 specification Mitsubishi World Rally Car is being offered to the highest bidder, in aid of the CRY (Cardiac Risk in the Young) charity.

25/05/2007 - Mitsubishi Corporation is to form a new diversified food science company by amalgamating three of its subsidiaries, in order to strengthen its R&D capabilities and expand globally by combining customer bases and sales networks.

Mitsubishi Motors Corporation has won a US Environmental Protection Agency (EPA) 2007 Climate Protection Award in recognition of its contribution to protection of the global climate for the power-saving automotive air conditioning unit that it developed in collaboration with Mitsubishi Heavy Industries.

_ Tour veteran Toru Taniguchi climbed to the top of the leaderboard after a 2-under-par 69 at the midway point of the Mitsubishi Diamond Cup on Friday.

_ Leading scores Friday after the second round of the Mitsubishi Diamond Cup at Oarai Golf Club (7,156 yards, par 71) in Ibaraki Prefecture (Japanese unless noted).

CHICAGO----Zacks Equity Research highlights Dell, Inc. as the Bull of the Day and Kimberly-Clark Corporation as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Marsh & McLennan and Mitsubishi UFJ Financial Group .

TOKYO, Japan (Reuters) -- Japanese stocks fell broadly on Friday as investors, concerned about recent falls in commodity prices and Chinese stocks, grabbed profits in property shares and other recent gainers such as Canon Inc.

Tokyo, Japan, May 25, 2007 - (JCN Newswire) - Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for April 2007.

TOKYO (XFN-ASIA) - Mitsubishi Motors Corp said global production in April rose 8.2 pct year-on-year to 104,981 vehicles, the third rise in nine months, due to strong output in Asia.

Tokyo, Japan, May 25, 2007 - (JCN Newswire) - Mitsubishi Motors Corporation announces that it has won a U.S. Environmental Protection Agency (EPA) 2007 Climate Protection Award in recognition of its contribution to protection of the global climate for the Power-saving Automotive Air Conditioning Unit that it has developed in collaboration with Mitsubishi Heavy Industries.

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TOKYO, May 25 (Reuters) - The following stocks are on the move on Friday: **NIPPON YUSOKI UP ON MITSUBISHI HEAVY STAKE BOOST**

Output in Asia rose 23.8 pct to 30,381 vehicles, while exports to Asia surged 56.4 pct 2,760 units.

May 25 (Bloomberg) -- Japan's government bonds may rise, ending two days of losses, on speculation 10-year yields near the highest since February will attract investors.

OARAI, Ibaraki Pref. (Kyodo) Katsunori Kuwabara shot a 1-under 70 to take a one-stroke lead over Kim Jong Duck, Tetsuji Hiratsuka and Nobuyuki Okuwa after the first round of the Mitsubishi Diamond Cup on Thursday. Kuwabara, who won the last of his two tour titles at the 1998 Japan PGA Matchplay Championship, had four birdies and three bogeys at the par-71 Oarai Golf Club in Ibaraki Prefecture. ...

May 25 (Bloomberg) -- Japanese shares may decline, paced by oil and metals producers after prices of crude oil, gold and copper dropped in New York.

OARAI — Katsunori Kuwabara shot a 1-under 70 to take a one-stroke lead over Kim Jong Duck, Tetsuji Hiratsuka and Nobuyuki Okuwa after the first round of the Mitsubishi Diamond Cup on Thursday.

A man who was killed in a car crash fire in Devon is named by police as Lee Stagg from Torrington.

A Joplin woman suffered moderate injuries last night after her vehicle struck several Newton County mailboxes, Missouri Highway Patrol said. Her 1998 Mitsubishi Galant reportedly ran off the road, struck the mailboxes and overturned into a utility pole before ejecting her. The crash was reported around 8:15 p.m. on Lark Road, three miles east of Joplin. Jenny R. Black, 28, was flown to Freeman ...

NEW YORK -(Dow Jones)- The Dow Jones-Bank of Tokyo-Mitsubishi-UFJ weekly business barometer decreased by 0.2% in the week ended May 12 following a 0.2% increase the prior week, according to data reported Thursday.

EAST MOLINE, Ill., April 16 -- 4CS, Inc., a leading provider of intelligent warranty software applications, today proudly announces Mitsubishi Caterpillar Forklift America (MCFA) is pleased to share benefits gained by rolling out iWarranty software suite on a production basis to its dealers and customers last month. Their initial rollout included iWarranty eClaim, Parts Return and Warranty ...

Champlin, Minnesota: PRIMA North America, Inc., the world leader in precision multi-axis laser machining systems, and their agent in Japan, Sumitomo Heavy Industries - Advanced Machinery Co., Ltd. (SHI), announce the sale of two LASERDYNE 790XS - P50L systems to Mitsubishi Heavy Industries, Nagoya Guidance & Propulsion Systems Works, (MHI) for laser processing of turbine engine components. Terry ...

Nuclear agency's report could mean tougher sanctions; crude retreats after gains Wednesday on U.S. warship maneuvers off Iranian coast.

_ Katsunori Kuwabara shot a 1-under 70 to take a one-stroke lead over Kim Jong Duck, Tetsuji Hiratsuka and Nobuyuki Okuwa after the first round of the Mitsubishi Diamond Cup on Thursday.

_ Leading scores Thursday after the first round of the Mitsubishi Diamond Cup at Oarai Golf Club (7,156 yards, par 71) in Ibaraki Prefecture (Japanese unless noted).

The Japanese stock market edged down on Thursday morning because of profit-taking, with bulls showing signs of fatigue after three straight days of rises.

Japan?s once vaunted electronics industry has downsized to survive global competition, and is inadvertently setting off a brain drain.

Footage has been released of the final moments of Lisa 'Left Eye' Lopes, the TLC member killed after her car crashed in Honduras in 2002. The distressing footage was taken from inside the crowded Mitsubishi Pajero, with Lopes driving.

NEW YORK – The Chicago Rush (8-3), Colorado Crush (8-4), Georgia Force (9-2) and San Jose SaberCats (8-3) can join the Dallas Desperados (10-1) by clinching playoff berths this weekend as the Mitsubishi Motors Drive to ArenaBowl XXI New Orleans gains momentum.

TOKYO, May 24 (Reuters) - The following stocks are on the move on Thursday: **NIPPON MINING TO BOOST PURCHASES FROM OWN MINES**

TOKYO, May 24 (Reuters) - The Nikkei average snapped a three-day winning streak on Thursday as investors took profits in recent gainers such as Mitsubishi UFJ Financial Group Inc. after a fall in U.S. markets and on cautious trade before the open in China.

TOKYO, May 24 (Reuters) - The following stocks are on the move on Thursday: **HITACHI UP ON REPORT OF BIG COAL POWER PLANT ORDER**

HONG KONG (Reuters) -- Asian stock markets slipped on Thursday after former U.S. Federal Reserve Chairman Alan Greenspan warned of a "dramatic contraction" in Chinese stocks, fanning concerns about China's red-hot markets.

TOKYO, May 24 (Reuters) - The following stock is on the move on Thursday: **MITSUBISHI UFJ DOWN ON OUTLOOK FOR PROFIT FALL** Mitsubishi UFJ Financial Group falls 2.1 percent to 1.38 million yen after the world's largest banking group by assets reported a 25.5 percent drop in annual profit on ...

TOKYO, May 24 (Reuters) - The Nikkei share average edged down 0.14 percent on Thursday as recent gainers such as Mitsubishi UFJ Financial Group Inc. declined as the market corrects after a three-day climb and following a decline in U.S. markets.

TOKYO — Mitsubishi Fuso Truck & Bus Corp said Wednesday it has found cracks in truck parts reinforced after they were recalled due to the same problem, prompting the transport ministry to reprimand the truck maker for what it says is sloppy safety measures.

TSU — Three workers suffered minor injuries in an explosion which rocked a factory operated by an affiliate of Mitsubishi Chemical Corp in Yokkaichi, Mie Prefecture, on Wednesday evening, police said.

An angry man ransacked a woman's house and then attacked her and her two small children with a two-by-four as they cowered in a borrowed Mitsubishi on Tuesday afternoon, police reported.

TOKYO — Mitsubishi UFJ Financial Group Inc said Wednesday its group net profit in fiscal 2006 rose 14.3% from the previous year to 881 billion yen.

The front suspension continues to have issues. There are many strange klunks, grinds and clanks out of the front of the car that sound like steel under stress being relieved.

By PHILIP WALZER BY PHILIP WALZER THE VIRGINIAN-PILOT CHESAPEAKE -- After a $10 million retooling, Mitsubishi Chemical FP America Inc. is ready to manufacture a larger quantity and a higher grade of Alpolic , its president said Tuesday.

CHESAPEAKE, Va. - Mitsubishi Chemical Functional Products, Inc. announced Wednesday that its subsidiary in the U.S. has completed its new production line to manufacture ALPOLIC/fr.

Pedestrians walk past a branch of Japan's mega bank, Bank of Tokyo-Mitsubishi UFJ, in Tokyo. Japanese megabank Mitsubishi UFJ Financial Group (MUFG) said Wednesday its annual profits tumbled by about one-quarter and predicted a further drop ahead due to problems in the consumer lending sector.

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Mitsubishi Corporation to Commence Tender Offer for Nihon Shokuhin Kako Co., Ltd.

TOKYO (AFP) - Japanese megabank Mitsubishi UFJ Financial Group (MUFG) said Wednesday its annual profits tumbled by about one-quarter and predicted a further drop ahead due to problems in the consumer lending sector.

_ Mitsubishi Fuso Truck & Bus Corp. said Wednesday it has found cracks in truck parts reinforced after they were recalled due to the same problem, prompting the transport ministry to reprimand the truck maker for what it says is sloppy safety measures.

Tokyo, Japan, May 23, 2007 - (JCN Newswire) - Mitsubishi Corporation has announced that its Board of Directors today passed a resolution to make a tender offer for common shares of Nosan Corporation . Details are as follows.

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Mitsubishi Corporation Commence Tender Offer for Nitto Fuji Flour Milling Co., Ltd.

Mitsubishi UFJ, Japan's biggest banking group, said its earned $7.2 billion in its first year as a combined company. But it said the results were hurt by losses at its consumer finance operations, offseting gains from its investment trust businesses.

TOKYO (AP) - Mitsubishi UFJ, Japan's biggest banking group, said Wednesday its annual profit was hurt by losses at its consumer finance operations, offseting gains from its investment trust businesses.

A local forklift dealership brings Mitsubishi and Caterpillar to court and wins a decision that may roil the franchising world

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Thousands of Japanese have gone to Taiwan, South Korea and China to seek work at aggressive firms on the prowl for access to Japanese technological know-how.

Tokyo- Mitsubishi UFJ Financial Group Inc on Wednesday reported a 25.5-per-cent decline in its profit for the past fiscal year because of rising credit costs. It also was the only institution among Japan's largest banks to forecast an earning decreas...

Mitsubishi Corporation has acquired three Japanese food companies; Nosan Corporation, Nitto Fuji Flour Milling and Nihon Shokuhin Kako, as it seeks to improve efficiencies through achieving numerous synergies across its business.

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. forecast the only earnings decline among Japan's three biggest banks, citing an expected increase in credit costs at its consumer finance affiliates.

The company's official statement released earlier showed that net income rose 14.3 pct to 881.0 bln yen from 770.7 bln yen in the year to March 2006. However, the year to March 2006 results exclude income from UFJ Holdings for the first half to September 2005.

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. forecast the only earnings decline among Japan's three biggest banks, citing an expected increase in credit costs at its consumer finance affiliates.

_ Three workers suffered injuries in an explosion which rocked a factory operated by Mitsubishi Chemical Corp. in Yokkaichi, Mie Prefecture, on Wednesday evening, police said.

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Mitsubishi UFJ, Japan's biggest banking group, said Wednesday its profit for the fiscal year was hurt by losses at its consumer finance operations, offseting gains from its investment trust businesses.

(RTTNews) - The Japanese market edged up on Wednesday, supported by a surge in financial stocks, which gained after Mizuho Financial came out with a strong earnings forecast.

Sterling advanced on Wednesday after the minutes from the Bank of England's latest monetary policy committee meeting revealed all nine members voted to raise UK interest rates by 25 basis points to 5.5 per cent.

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. forecast the only earnings decline among Japan's three biggest banks, citing an expected increase in credit costs.

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. forecast the only earnings decline among Japan's three biggest banks, citing an expected increase in credit costs.

May 23 (Bloomberg) -- Asian stocks rose for a third day, led by Japanese banks after Mizuho Financial Group Inc. forecast record earnings. Nintendo Co. led technology shares higher after saying U.S. sales of Wii video-game consoles may reach 35 million.

TOKYO (XFN-ASIA) - Mitsubishi UFJ Financial Group Inc's results for the fiscal year ended March 2007: Operating income - 6.09 trln yen vs 4.29 trln Current profit - 1.46 trln yen vs 1.08 trln Net profit - 881.0 bln yen vs 770.7 bln EPS - 86,795.08 yen vs 93,263.16 Dividend - 11,000 yen vs 7,000 Bad debt write-off at main operating units - 40.5 bln yen vs write-back 531.8 bln Capital adequacy ...

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc., Japan's biggest bank, said full-year profit fell 26 percent, in line with analysts' estimates, as it increased provisions to deal with losses at affiliated consumer lenders.

May 23 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc., Japan's biggest bank, said full-year profit fell 26 percent, in line with analysts' estimates, as it increased provisions to deal with losses at affiliated consumer lenders.

Strong gains of Japan's megabanks on Wednesday pushed up the Topix index, in which the banking sector is heavily weighted. But the Nikkei hardly moved, curbed by some poor earnings reports.

(Corrects headline to show 2007/08 forecast is for fall in profit not rise.) (Adds core operating profit, dividend) By Jonathan Soble

May 23 (Bloomberg) -- Asian stocks rose for a third day, led by Japanese banks after Mizuho Financial Group Inc. forecast record earnings and the Nikkei newspaper said Mitsubishi UFJ Financial Group Inc. will raise its dividend.

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TOKYO, May 23 (Reuters) - Mitsubishi UFJ Financial Group (MUFG) reported a 25.5 percent drop in annual profit on Wednesday, hurt by merger costs and weakness in its core lending business, and said earnings would likely decline further this year.

TOKYO, May 23 (Reuters) - Mitsubishi UFJ Financial Group Inc said on Wednesday it planned a 1000-for-1 share split on September 30, for shareholders as of September 29.

South Korean steel giant POSCO (KSE:005490) has announced a plan to set up an auto steel plate processing centre in Chongqing, southwest China.

The Japan Bank for International Cooperation (JBIC) has offered a US$546 million loan to finance the construction of a coal liquefaction project in Indonesia.

Mitsubishi Motors Corp. (TSE:7211) will consolidate 29 sales subsidiaries into five operations as part of efforts to shore up its domestic business under a plan announced Tuesday.

SINGAPORE (Reuters) -- Asian stocks edged up on Wednesday, as strong earnings forecasts boosted bank shares in Japan and South Korea, while exporters gained from a jump in the dollar to a three-month high against the yen.

May 23 (Bloomberg) -- Asian stocks rise; buyout firms engage banks in financing LBOs with novel bridge; U.K. unions ask government to boost buyout firms' tax, disclosure; Aegon NV holds analyst day; Mediobanca SpA investors are scheduled to vote on plan for supervisory board; Zurich Financial Services AG plans to host investor day.

May 23 (Bloomberg) -- Japanese stocks rose for a third day, led by banks, after Mizuho Financial Group Inc. forecast a record profit for this financial year.

May 23 (Bloomberg) -- Shares in Mizuho Financial Group Inc., Japan's second-largest bank by assets, were set for their biggest gain in 16 months after it forecast record profit and announced a share buyback yesterday.

A Middletown sailor who came home after receiving a life-threatening injury to find his silver Mitsubishi Eclipse stripped and towed to a junkyard -- though he's still making car payments -- is the perfect candidate for a new charitable website, its organizer said.

Just in time for shoppers looking for smaller, more fuel-efficient cars, Mitsubishi's Lancer debuts as an early-for-2008 sedan with sharp styling, improved ride and handling and a pleasingly peppy, new four-cylinder engine.

May 23 (Bloomberg) -- Japanese stocks rose for a third day, with the Nikkei 225 Stock Average reaching the highest since February. Banks led indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

May 23 (Bloomberg) -- Asian stocks rose for a third day, led by Japanese banks after Mizuho Financial Group Inc. forecast record earnings and the Nikkei newspaper said Mitsubishi UFJ Financial Group Inc. will pay a higher dividend than planned.

Japanese shares continued their winning streak on Wednesday morning, with banks leading the market higher. The Nikkei 225 gained 0.41 per cent to close the morning session at 17,751.74 while the broader Topix index was up 0.78 per cent at 1,745.01.

May 23 (Bloomberg) -- Japanese stocks rose for a third day. Banks led indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

(Corrects 7th paragrpah to state the KOSPI index rose 0.5 percent, not 0.8 percent) (Updates with early markets) HONG KONG, May 23 (Reuters) - Asian stock markets rose on Wednesday with South Korean shares extending their record-breaking streak, but weakness in mining giant BHP Billiton weighed on the Australian market.

May 23 (Bloomberg) -- The yen weakened to a three-month low against the dollar on speculation Japanese investors will snap up new investment trusts that buy higher-yielding overseas assets.

Investors seeking the cheapest property stocks are buying in Japan, Germany and China after a two-year tumble in shares of U.S. homebuilders.

May 23 (Bloomberg) -- The yen weakened to a three-month low against the dollar on speculation Japanese investors will snap up new investment trusts that buy higher-yielding overseas assets.

May 23 (Bloomberg) -- Asian stocks rose for a third day, led by Japanese banks after Mizuho Financial Group Inc. forecast record earnings. A measure of financial shares posted the biggest gains among 10 industry groups included in the Morgan Stanley Capital International Asia-Pacific Index.

TOKYO, May 23 (Reuters) - Japanese government bond futures fell on Wednesday, dented by falls in U.S. Treasuries and a rise in Tokyo share prices as well as wariness about an expected rate rise by the Bank of Japan later this year.

TOKYO, May 23 (Reuters) - The Nikkei average gained 0.50 percent on Wednesday as shares of Japan's three largest banks extended gains on expected higher profits this year, while a weaker yen lifted Advantest Corp. and other tech firms.

May 23 (Bloomberg) -- Shares in Mizuho Financial Group Inc., Japan's second-largest bank by assets, paced gains in Japanese banking stocks after it forecast record profit and announced a share buyback yesterday.

May 23 (Bloomberg) -- Japanese stocks rose for a third day. Lenders led indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

May 23 (Bloomberg) -- Japanese stocks rose for a third day. Lenders led indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

HONG KONG, May 23 (Reuters) - Asian stock markets rose on Wednesday with South Korean shares extending their record-breaking streak, but weakness in mining giant BHP Billiton weighed on the Australian market.

TOKYO, May 23 (Reuters) - The following stocks are on the move on Wednesday: **KOBE STEEL JUMPS ON REPORT ON INDIA JOINT VENTURE**

May 23 (Bloomberg) -- Japan's bonds dropped on speculation traders will sell to protect against potential losses at an auction of 20-year government debt tomorrow.

TOKYO, May 23 (Reuters) - The following stocks are on the move on Wednesday: **OJI PAPER UP ON REPORT OF PRICE HIKES**

May 23 (Bloomberg) -- Japan's bonds may fall on speculation traders will sell to protect against potential losses at an auction of 20-year government debt tomorrow.

May 23 (Bloomberg) -- Japanese stocks may rise for a third day. Lenders may lead indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

Molly Taylor will contest the Dutton Rally in NSW this weekend after being offered a Mitsubishi Ralliart Colt to drive in the popular event. The tarmac event , which starts on Friday, will give Taylor more tarmac rally experience with the rally comprising 30 individual driving tests.

May 23 (Bloomberg) -- Japanese stocks may rise for a third day. Lenders may lead indexes higher after Mizuho Financial Group Inc. forecast a record profit for this financial year.

Mitsubishi Motors Corp. said Tuesday it will start paring its group dealerships to five from 29 on July 1 to help streamline sales channels and turn around its money-losing operations at home. Read more ...

HONG KONG, May 23 (Reuters) - Asian stocks listed on Wall Street rose 0.9 percent to their best close in nearly 3 months thanks to strength in Japanese banks such as Mitsubishi UFJ Financial Group.

TOKYO, May 23 (Reuters) - Tokyo stocks stocks are expected to rise on Wednesday, with banks such as Mizuho Financial Group Inc. continuing their advance on expectations of stronger profits this year, while tech firms such as Sony Corp. will likely benefit from a weaker yen.

TOKYO, May 23 (Reuters) - Mitsubishi UFJ Financial Group Inc. (MUFG) will lift its planned dividend for last financial year by 10 percent and boost the payout by 27 percent in the current year, the Nikkei business daily said on Wednesday.

May 22 (Bloomberg) -- Asian stocks advanced to their highest in almost three months in U.S. trading after Mizuho Financial Group Inc.'s earnings forecast boosted Japanese banking shares.

A local forklift dealership brings Mitsubishi and Caterpillar to court and wins a decision that may roil the franchising world

Calcutta, May 22: The government today clarified that it would not need to acquire more than 10,000 acres for a chemical hub in Haldia.

BLOOMINGTON — Comfort Inn & Suites wants to join the ranks of new hotels in Bloomington-Normal.

Ramana Lagemann earned his first Rally America win of the season in the Washington’s Olympus Rally last weekend after a fierce battle with Australian driver Andrew Pinker that saw the pair exchange the lead right until the final seconds of the race.

The Development Budget Coordination Committee is considering the possibility of a government takeover of the Metro Rail Transit Line 3 (MRT-3). The proposal was elevated by the Department of Finance to the DBCC, the economic planning body headed by President Arroyo.

TOKYO (Via PLDT) — Kinks in the $4-billion buyout by the Tokyo Electric Power Co. (TEPCO) and Marubeni Corp. consortium of US-based Mirant Corp.’s power generating assets in the Philippines are expected to be ironed out soon, Philippine Ambassador to Japan Domingo Siazon said Tuesday.

Cultural diversity. It's all over Auckland these days, and you can't get more culturally diverse than Cha. Three chefs, three menus: 86 Thai, North Indian and South Indian dishes. The owner, Harjeet Golian, is a city barrister of Indian heritage. His manager, Rohini Jacob, trained in Switzerland.

22 year old Stuart Jones was pleased to complete his second PWRC round, Rally Argentina after a catalogue of minor, but time consuming problems. Stuart ended the event ninth in class, narrowly missing out on PWRC points in his family run Mitsubishi Evo 9.

CHESAPEAKE, Va.----Mitsubishi Chemical Functional Products, Inc. announces that its subsidiary in the United States - Mitsubishi Chemical FP America has completed its new production line for the manufacture of ALPOLIC®/fr, the company's fire-rated Aluminum Composite Material with a noncombustible mineral core.

Mitsubishi Digital Electronics America's Prese

This time around the monitor gets to add HDCP compliance to its list of specs, not to mention a spiffy new glossy display.

All Times EDT PGA OF AMERICA Senior PGA Championship Site: Kiawah Island, S.C. Schedule: Thursday-Sunday. Course: Kiawah Island Golf Resort, The Ocean Course (7,201 yards, par 72). Purse: TBA ($2 million in 2006). Winner''s share: TBA (...

IRVINE, Calif.----Mitsubishi Digital Electronics America's Presentation Products Division, known for award-winning, high-quality high-definition presentation and display products, announced top honors in an overall ranking along with first and second place wins in three broad categories defined in Pacific Media Associates 11th Annual Dealer Survey.

A DRUNK driver who drove 30km the wrong way down a freeway at night with his lights off does not believe he put lives in danger.

May 22 (Bloomberg) -- The yen traded near a three-month low against the dollar as policy meeting minutes indicated the Bank of Japan plans to keep interest rates unchanged in coming months.

FOUR Zimbabwean rally teams have entered for the fifth leg of the African Rally Championship -- the South Africa Zulu Rally -- that gets underway on Thursday.

May 22 (Bloomberg) -- The yen traded near a three-month low against the dollar as policy meeting minutes indicated the Bank of Japan plans to keep interest rates unchanged in coming months.

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Charles "Chuck" Bergamo recently pulled his Mitsubishi Endeavor slowly down a quiet, tree-lined street of posh homes in north Arlington.

MAHWAH -- A township man was killed after the car he was driving drifted into oncoming traffic Monday afternoon on Airmont Avenue, authorities said. Frank Mondesando, 56, was pronounced dead at Good Samaritan Hospital in Suffern, N.Y., said Lt. Philip Tangel of the Mahwah police.

Profit at Mizuho, Japan's second-largest bank by assets, slipped 4.4 percent for the fiscal year through March as losses at its consumer loan operations offset gains in fee and commission income.

(RTTNews) - Gains by export-related and bank stocks on a weaker yen and positive earnings forecast by Sumitomo Mitsui, respectively helped the Japanese market rise modestly on Tuesday.

TOKYO (XFN-ASIA) - Mitsubishi Motors Corp will reform its domestic sales operations to make them profitable even when sales do not exceed 250,000 vehicles a year, the company said.

May 22 (Bloomberg) -- The yen traded near a record low against the euro as policy meeting minutes indicated the Bank of Japan plans to keep interest rates unchanged in coming months.

Police hunting the killer of Wanganui toddler Jhia Te Tua have recovered another firearm at a gang-related address.

The final seconds of Lisa Lopes' life were featured in a documentary she was filming when she died.

"To cope with the tough domestic market environment centered on sluggish demand, we will shift our focus in favor of quality and away from volume," Mitsubishi Motors President Osamu Masuko told a news conference.

May 22 (Bloomberg) -- Japanese stocks advanced, led by banks, after Sumitomo Mitsui Financial Group Inc. forecast profit will increase for this business year.

Tambunan : A 52-year-old Bajau teacher was killed on the spot after his Mitsubishi Storm was hit by a tanker lorry near Rafflesia Station along Jalan Tambunau-Keningau, Monday.

May 22 (Bloomberg) -- Shares in Sumitomo Mitsui Financial Group Inc., Japan's third-largest bank by assets, led banking stocks higher after it forecast a 22 percent increase in profit and raised its dividend.

Police hunting the killer of Wanganui toddler Jhia Te Tua have recovered another firearm at a gang-related address.

May 22 (Bloomberg) -- Japanese stocks advanced, led by banks, after Sumitomo Mitsui Financial Group Inc. forecast profit will increase for this business year.

_ -- Japan Business Federation to hold general meeting at 2 p.m.

May 22 (Bloomberg) -- The yen traded near a record low against the euro as policy meeting minutes may show the Bank of Japan plans to keep interest rates unchanged in coming months.

Final assembly of Boeing's first 787 Dreamliner has taken place at the company's Everett, Washington plant.

CLOVER -- A Clover man was killed when the car he was riding in ran off the road and hit a tree in Polk County, N.C.

Fullcut Mill FCR’s extremely sharp cutting edges, with both high radial and axial rake angles, achieve smooth and quiet end milling in all materials.

May 22 (Bloomberg) -- Shares in Sumitomo Mitsui Financial Group Inc., Japan's third-largest bank by assets, led banking stocks higher today after it forecast a 22 percent rise in profit and lifted its dividend.

May 22 (Bloomberg) -- The yen traded near a record low against the euro as minutes today from a Bank of Japan policy meeting in April may reveal the central bank plans to keep interest rates unchanged for some time.

May 22 (Bloomberg) -- Asian stocks rose to the highest in a week after Sumitomo Mitsui Financial Group Inc. forecast higher profit this year and prices of metals and crude oil climbed.

Mitsubishi Electric Corp. is set to introduce a washer-dryer whose moving drum changes angles automatically, depending on the load, to shorten washing times and enhance cleaning power.

Boeing Co. started assembly of its upcoming 787 Dreamliner on Monday and unveiled a manufacturing method that aims to speed up production times and reduce the number of parts used.

When Yuji Yamamoto, Japan's minister for financial services, recently announced his intention to revive Tokyo as a world financial center, expatriate bankers could hardly suppress a smile. It's been almost 20 years since Japanese financial institutions flashed their capital around New York and London, and since then the balance of power has shifted dramatically. Sumitomo Bank, which in 1986 ...