Wednesday, April 7, 2010 as of 11:14 AM ET
, also known as or TEPCO, is a Japanese electric utilities servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture.
Read More at Wikipedia ›Australia's competition watchdog on Thursday cleared the way for AGL Energy Ltd.
(AGK.AU) to fully acquire the Loy Yang A power station in Victoria state and launch a 900 million Australian dollar (US$877 million) share issue to help fund the deal.The decision will be welcomed by part-owner Tokyo Electric Power Co. (9501.TO) as it reviews assets around the world to repair a balance sheet rocked by last year's Fukushima Daiichi nuclear disaster.Gaining antitrust approval for the deal was no certainty and a one-month delay by the regulator in making its final decision had put the market on edge. The Australian Competition & Consumer Commission, or ACCC, in 2003 blocked AGL from taking its initial stake in the asset only to have its decision overturned by Australia's Federal Court.In a transformation of its view, the ACCC said Thursday that AGL's acquisition of the 67.5% of the coal-fired power station it doesn't already own is unlikely to substantially reduce competition in electricity g...The Japanese government said Thursday that one of the officials in charge of the bailout of troubled utility Tokyo Electric Power Co. will lead the company as chairm...
Tokyo Electric Power Co has asked the government for an injection of 1 trillion yen ($12 billion) in what would be Japan's biggest public bailout outside the banking...
Chevron Corp. (CVX) is continuing talks with prospective customers seeking supply from its US$29 billion Wheatstone gas-export project in Western Australia state, a ...
Eastern Japan is facing fresh power shortages this summer as nuclear power plants go offline, the Nikkei business daily reported Tuesday. Tokyo Electric Power Co. , ...
Temperatures are mysteriously rising in one of the damaged reactors at the crippled Fukushima Dai-Ichi nuclear power station, according to a report on Monday by Japa...
Japanese stocks surrendered mild opening gains to trade lower early Thursday, with many blue-chip exporters losing ground after gains in recent sessions. The Nikkei ...
Japanese stocks opened lower, with exporters among the major decliners as the yen strengthened and amid reports of more disagreement among European leaders ahead of ...
TOKYO -( Dow Jones )- Tokyo Electric Power Co. (9501.TO) expects to book a net loss of Y580 billion in the current fiscal year ending March 2012, the Asahi Shimbun r...
By Linda SiegJapanese media interest has been muted, regulators are mostly mum and many politicians seem unaware that anything is amiss.A scandal over questionable d...
Tokyo Electric Power Co <9501.T> on Monday said it has no plans to sell all the stakes it holds in overseas uranium projects, denying a newspaper report that it woul...
(Reuters) - Tokyo Electric Power Co <9501.T> will ask lenders to maintain their 2 trillion yen ($26.03 billion) in financing for 10 years as it restructures and pays...
TOKYO (Reuters) - Tokyo Electric Power Co <9501.T> will be advised to cut 7,400 jobs, or about 14 percent of its full-time employees, by March 2014 as part of a plan...
Australia's competition watchdog on Thursday cleared the way for AGL Energy Ltd. (AGK.AU) to fully acquire the Loy Yang A power station in Victoria state and launch ...
Tokyo Electric Power Co. , better known as Tepco, plans to hike power rates for some heavy users by 12% starting in July, the Nikkei business daily reported Thursday...
Japanese stocks rallied in early Tuesday trade, with exporters getting a sentiment bump after overnight gains in the U.S., and energy shares advancing after crude-oi...
Japanese utilities are planning to increase fees for peak-hour electricity usage in an effort to head off possible power shortages this summer following the closure ...
The Japan government on Wednesday approved a plan to nationalize Tokyo Electric Power Co. , the operator of the Fukushima Daiichi nuclear facility, in exchange for a...
Strength in exporter shares and a rebound in metal stocks helped overcome weakness in utilities early Monday to send the Nikkei Stock Average up 0.7% to 9,630.04 and...
Japanese shares added modestly to their previous-session losses, with the Nikkei Stock Average slipping 0.3% to 9,560.49, and the Topix down 0.2% early Friday, track...
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