• Kyodo

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Japan remained the world’s largest creditor at the end of 2019, with the net balance of external assets held by its government, companies and individual investors hitting a record ¥364.53 trillion ($3.40 trillion), the Finance Ministry said Tuesday.

The figure, up 6.8 percent from a year earlier and the highest since comparable data became available in 1996, reflected increased direct investments abroad by Japanese firms and a rise in prices of foreign stocks held by domestic investors.

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