Staff writer
OYAMA, Shizuoka Pref. -- Japan's financial industry must be strengthened through realignment, and the government and the financial industry need to cooperate to draw up a vision for the future, the Japan Federation of Economic Organizations (Keidanren) said in an emergency appeal issued Thursday.
Keidanren's proposal came as Moody's Investors Service announced that it was considering a downgrade of Japanese government bonds' Aaa status.