Japan urges credit crisis action

Japan has joined the calls for co-ordinated action to tackle the credit crisis to be discussed at the G7 summit in Washington on Friday.
Japanese finance minister Fukushiro Nukaga has written to other G7 members calling for an international response.
His British counterpart, Alistair Darling, has also written a letter calling for co-ordinated action.
G7 leaders are expected to approve plans for greater openness and transparency from banks.
But some members would like to discuss further action, such as agreement on the use of public money to fund mortgages or bail-out banks.
"It is important to think about how best to stabilise the global economy and financial markets," Mr Nukaga said.
The G7 members are the US, Britain, France, Germany, Italy, Canada and Japan.