Provisional translation
Press Conference by Kaoru Yosano, Minister of Finance and Minister for Financial Services and Economic and Fiscal Policy
(Excerpt)
March 3, 2009
[Questions and Answers]
- Q.
-
Earlier today, Japanese stock prices hit a new low since the bursting of the economic bubble. Could you tell us about your views on the current stock prices and about the progress in deliberations on countermeasures?
- A.
-
The stock price drop of 299 points in the New York market has apparently had a psychological impact on Japan’s average stock price. Although we will watch the situation calmly, it is natural that we cannot tolerate an excessive drop if the entire Japanese economy is taken into consideration.
(End)
Site Map
- Laws & RegulationsPage list
- Name of Laws and Regulations(PDF)
- Legislation
- Guidelines
- Financial Instruments and Exchange Act
- Recent Changes
- Public Comment
- Basel
- No Action Letter System
- Procedures concerning Foreign Account Management Institutions
- PrinciplesPage list
- Strategic Directions and Priorities
- Progress and Assessment of the Strategic Directions and Priorities
- Policy Approaches to Strengthen Cyber Security in the Financial Sector
- Financial Monitoring Policy
- AnnouncementsPage list
- Press Conferences
- Press Releases
- Official Statements
- Speeches
- Great East Japan Earthquake-Related Information
- The Earthquake Centered in the Kumamoto Region of Kumamoto Prefecture 2016-Related Information