Japan Airlines Rises on Bridge Loan, Possible Pension-Cut Law

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JAPAN - Japan Airlines Corp., seeking its fourth state bailout since 2001, rose the most in the almost two weeks after the government said a state bank will provide a loan and that laws may be introduced to make it easier to cut pensions, Bloomberg News reported.

The Development Bank of Japan will make a bridging loan, Transport Minister Seiji Maehara told reporters in Tokyo late yesterday, without giving any figures. The loan, to be paid this month, may to...

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