Economics
Stock Investors Are Nonchalant for Now as Abe's Scandal Deepens
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Japan Finance Minister Refuses to Quit as School Scandal Deepens
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Japan stock investors watched for signs that a deepening scandal would derail Prime Minister Shinzo Abe’s growth policies -- and decided, for now, that any fallout would be fleeting.
"It’ll temporarily cap the upside for Japanese equities,” said Soichiro Monji, a general manager at Daiwa SB Investments Ltd. “But it isn’t something that will result in throwing stocks into a downward trend."