— Japan Azumi: Unsure If G7 Finmins To Hold Teleconf Later Today
— Azumi: Japan Stocks Not Reflecting Econ Fundamentals
TOKYO (MNI) – Japanese Finance Minister Jun Azumi said on Tuesday
that it’s time for top financial policymakers from the Group of Seven
major nations to discuss their common concern — the unstable global
economy.
“It’s been about a month since our last meeting in Washington (in
April) so we need to communicate soon, although I’m not sure if there
will be a meeting,” he told a regular press briefing.
In response to questions, Azumi said he is “not sure” whether the
G7 finance ministers will hold a teleconference later on Tuesday.
He declined comment as to whether the G7 would issue a joint
statement after a meeting or conference call.
Asked about the recent global stock market sell-off triggered by
jitters over the European debt crisis and U.S. economic slowdown, he
replied, “It is regrettable that Japanese stock prices are not
reflecting economic fundamentals.”
tkeditorial@marketnews.com
** MNI Tokyo Newsroom: 81-3-5403-4833 **
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