Japan finmin: hope weak yen brightens business mood
TOKYO Jan 29 (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he hopes the yen's recent weakness helps improve business sentiment.
"When business and consumer sentiment is cooling, money doesn't flow out (to the economy). Capital spending and private consumption won't increase," Aso told a news conference, stressing the need to take policy measures to brighten business sentiment.
He also repeated the government's plan to come up with guidelines for medium- and long-term fiscal discipline by the middle of this year.
- Police hunt for motive as search for Malaysian jet spans hemispheres |
- Crimeans vote over 90 percent to quit Ukraine for Russia |
- Ukraine, Russia agree Crimea truce until March 21-Ukraine minister
- Malaysian PM says lost airliner was diverted deliberately |
- Democrats seek ways to limit Obamacare fallout after Florida defeat