G7 accept Japanese financial reform will happen

JAPAN - The chief of Japan's financial watchdog said on May 1 members of the Group of Seven (G7) nations at a weekend meeting in Washington had expressed understanding of the government's efforts to undertake structural reform.

ARTICLE - Hakuo Yanagisawa, who was reappointed as head of Financial Supervisory Agency, told a news conference he had heard nothing about Bank of Japan Governor Masaru Hayami's intent to resign.

Upon his return from the weekend's G7 meeting of finance ministers and

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