28 Oct '11, 5am

Japan ready to help eurozone

TOKYO: Japanese Prime Minister Yoshihiko Noda on Friday reiterated Japan's readiness to help stabilise the eurozone while also vowing to take "every possible measure" to tackle the yen's historic rise. "During the upcoming G20 summit, I will map out Japan's contribution to settling down the global economic crisis sparked from Europe," Noda told parliament. "Our determination and capacity as politicians is challenged at a time like this when a storm blown from Europe is ripping through global financial markets." He gave no details of the contribution. Noda, who took office in September, is to make his full debut on the international diplomatic stage at the G20 on November 3 and 4 in the southern French city of Cannes. His remarks, in a policy speech, came after Japan's Finance Minister Jun Azumi said Tokyo was ready to take "necessary measures" to help revamp the eurozone i...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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