• Most Popular
  • Most Shared

Japan's Yosano: expects to stay as finance minister

Wed Jul 1, 2009 4:43am EDT

(For more stories on the Japanese economy, click [ID:nECONJP])

Currencies  |  Bonds  |  Japan

TOKYO, July 1 (Reuters) - Japanese Finance Minister Kaoru Yosano said on Wednesday he expected to stay on as finance minister, after Japanese media said he would lose one of his three financial portfolios. Japanese TV reported a former defence minister, Toshimasa Hayashi, would become the new economics minister. [ID:nTFD006287]

"I expect to retain my portfolios in charge of the Ministry of Finance and the Financial Services Agency," Yosano told reporters at a briefing.

Asked about reports that he would lose the post of economics minister, Yosano said: "No member of the cabinet can expect to keep their position indefinitely." (Reporting by Stanley White; Writing by Rodney Joyce)

Currencies
Bonds
Japan


More from Reuters

Photo

U.S. health bill passes crucial Senate test

WASHINGTON (Reuters) - A broad healthcare overhaul passed its first crucial test in the U.S. Senate on Monday, with 60 Democrats voting to put President Barack Obama's top legislative priority on a path to passage by Christmas. | Video

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review