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Friday, 19 December, 1997, 11:25 GMT
Japan has no further plans to help stock market - spokesman
Japanese Chief Cabinet Secretary Kanezo Muraoka said on Friday that Tokyo was not considering additional plans to help the country's stock market, the Japanese news agency Kyodo reported . "The government has done a good deal to help sustain the stock market so far and is not therefore considering any additional measures at the moment," he said, according to the agency. He said the government would "implement promptly" a series of economic stimuli and financial market stabilization measures . He said he hoped the move would "contribute towards restoring the confidence of the Japanese people and domestic and overseas markets and towards wiping out uncertainty regarding the future course of the economy." Friday saw the year's third largest daily point loss on Japan's Nikkei stock index, Kyodo said. BBC Monitoring (http://www.monitor.bbc.co.uk), based in Caversham in southern England, selects and translates information from radio, television, press, news agencies and the Internet from 150 countries in more than 70 languages. |
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