BoJ and Japanese government to boost stock prices

Following further falls in the Nikkei Dow the Japanese government and the Bank of Japan have agreed to take steps to boost stock prices which have suffered further falls with the threat of conflict in the gulf.

Source: Kyodo News Service

The government decided Monday to draw up steps with the Bank of Japan (BOJ) for stabilising financial markets, as the key Nikkei Stock Average plunged to a fresh 20-year low amid growing jitters over a looming US-led war on Iraq. "We must study effective measures"

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