Economic news

Japan authorities closely watching stock moves, not in phase of action, finance minister says

2024.08.07 22:28

© Reuters. Japanese Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and Korean Finance Minister Choi Sang-mok on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024.  REUTERS/Kevin Lamarque

TOKYO (Reuters) – Japanese authorities are closely watching stock market developments but not in a phase of taking specific actions, Finance Minister Shunichi Suzuki said on Thursday, as the financial markets remain highly volatile.

“The stock market is determined by various factors such as economic situations, foreign exchange, corporate activities,” Suzuki said in a press conference.



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