...ratings on Dai-Ichi Kangyo Bank Ltd., Daiwa Bank Ltd., the Industrial Bank of Japan Ltd., Sakura Bank Ltd., Sanwa Bank Ltd., Sumitomo Bank Ltd. and Tokai Bank Ltd. The broader Tokyo Stock Price Index of all issues listed on the first...

...traders aren't really in a mood for serious trading because of the holiday season," said Yukihiko Hashimoto of Sanwa Bank Ltd. The yield on the benchmark 10-year Japanese government bond fell to 1.750 percent from Thursday's finish of...

TOKYO -- Japan's government put its long-awaited bank bailout plan into action Friday by taking over one of the country's biggest lenders, the debt-ridden Long-Term Credit Bank of Japan. The takeover -- the first nationalization of a Japanese bank since World War II -- avoided a full-scale collapse of LTCB, which would have further eroded confidence in Japan's banking system and shaken world markets.