TOKYO: Japanese authorities are closely watching stock market developments but are not in a phase of taking specific actions, Finance Minister Shunichi Suzuki said on Thursday (Aug 8), as volatility in the country's financial markets showed no signs of abating. "The stock market is determined by various factors such as economic situations, foreign exchange, corporate activities," Suzuki told a press conference. Japan's benchmark Nikkei share average tumbled 12.4 per cent on Monday, before

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