The top policymaker in the ruling Liberal Democratic Party on Wednesday urged the state-run postal savings and pension fund systems to invest in stocks to help prop up the sagging market.
“Postal savings and pension funds could make profits if they are invested in stocks now because prices are near the bottom,” Shizuka Kamei, chairman of the LDP’s Policy Research Council, told a meeting at the party’s headquarters. “There’s no problem for them to put their money in stocks.”
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