Japan govt says banking system stable, plays down risk of contagion

Japan govt says banking system stable, plays down risk of contagion

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Japan's banking system is stable and the country will not see a contagion from U.S. and European banking sector woes, Chief Cabinet Secretary Hirokazu Matsuno said on Monday. He also welcomed Sunday's decision by top central banks, including the Bank of Japan (BOJ), to bolster the global flow of…

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