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Japan vigilant to market moves, will focus on boosting economy, PM Takaichi says

Reuters
Japan vigilant to market moves, will focus on boosting economy, PM Takaichi says

TOKYO, Nov ‌6 (Reuters) - Japanese Prime Minister ​Sanae ‌Takaichi said on Friday ‌the government was watching ‌market developments carefully, as heightened volatility following US mid-term ⁠elections was affecting ‌economies across ⁠the globe.

"I am ​aware share prices, particularly those of ​AI and ​chip ‌sectors, are falling ​sharply," Takaichi ⁠told parliament.

"We ‌will focus on ​steps ​to create a strong economy" such as by beefing ‌up industries where Japan has ‌a ​competitive advantage, she said.

(Reporting by Leika Kihara; Editing ‌by Muralikumar Anantharaman)