• Kyodo News


The government may work out fresh measures to bolster Tokyo stock prices that have been plunging in step with New York markets, Finance Minister Kaoru Yosano hinted Tuesday.

“The fallout of falling stock prices is greater than we expected. We are witnessing many negative wealth effects with impaired assets held by banks and insurance firms,” Yosano said, describing continued declines in stocks as “not desirable at all.”

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