Japan vigilant to market moves, will focus on boosting economy, PM Takaichi says

FILE PHOTO: Japan's Prime Minister Sanae Takaichi attends a joint press announcement with German Chancellor Friedrich Merz at the Prime Minister's Office in Tokyo, Japan October 28, 2026. RIE KIKUCHI/Pool via REUTERS/File Photo

06 Nov 2026 08:48AM

TOKYO, Nov 6 : Japanese Prime Minister Sanae Takaichi said on Friday the government was watching market developments carefully, as heightened volatility following US mid-term elections was affecting economies across the globe.

"I am aware share prices, particularly those of AI and chip sectors, are falling sharply," Takaichi told parliament.

"We will focus on steps to create a strong economy" such as by beefing up industries where Japan has a competitive advantage, she said.

Source: Reuters

Source: CNA

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