calendar>>August 18. 2011 Juch 100
Economic Depression in Japan

Pyongyang, August 18 (KCNA) -- The number of condominiums put on sale in July in Tokyo and its vicinity dropped 1.3 percent from a year earlier, a private research agency said on August 11.

The decrease is attributable to the drop of purchasing power of inhabitants caused by economic depression.

Tokio Marine Holdings Inc. said its group net profit in the April to June quarter fell 2.2 percent from a year earlier.

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