Russian International Reserves Fall $15.7 Billion in Week to Dec. 19

JAPAN DAYBOOK: Tepco Moves on Cleanup, Sony Delays Player

Tokyo Electric Power prepares to remove radioactive water from areas in its crippled plant so repairs can begin. Sony may delay the release of its new PlayStation Portable game machine because of last month’s earthquake.

WHAT TO WATCH *Sony (6758 JP) may stagger release of new PlayStation Portable *Cabinet meeting 9 am, followed by ministry briefings *Treasury discount bill auction result 12:35 pm *Ten-year government bond auction result 12:45 pm

ECONOMY *Teikoku Databank survey of earthquake impact 1:30 pm

GOVERNMENT *Cabinet meeting 9 am, followed by ministry briefings *Chief Cabinet Secretary Edano briefing after cabinet meeting *Economy Minister Yosano briefing 9:20 am *Finance Minister Noda briefing 10 am *Chief Cabinet Secretary Edano briefing 4 pm

CORPORTATE *Trust Companies Association Chairman Takashi Nonaka briefing 2 pm

EARNINGS *Izumiya (8266 JP) FY 3:30 pm *Aeon Credit (8570 JP) FY after market close *Aeon Mall (8905 JP) FY

ANALYST RATINGS *Fast Retailing (9983 JP) raised to neutral at JPMorgan

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