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The Japanese government plans to boost pension fund holdings to increase domestic assets, with the yen recovering

ParanoiaKing
The Japanese yen rebounded, and Japanese Finance Minister Kōzuki Katayama said the government plans to guide the country’s pension funds to significantly increase investments in domestic assets. The Government Pension Investment Fund (GPIF) is the world’s largest pension fund. The yen against the US dollar once rose by more than 0.4% to 161.67 yen, compared with 161.26 yen earlier. The euro...
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