By Michiyo Nakamoto in Tokyo Published: April 17 2009 05:41 | Last updated: April 17 2009 18:12 Japan’s ruling Liberal Democratic Party on Friday unveiled details of its proposed Y50,000bn scheme to allow the government to buy shares from the market if share prices fall to an extent that is seen as an economic emergency. LDP lawmakers said the proposals would be submitted to parliament on April 27, the same day a supplementary budget to fund a record Y15,400bn ($155bn) stimulus package is put forward.Japan plans emergency share purchases
Friday, 17 April 2009
Posts
