Japan business leader sees faster bad loan cleanup

Newswire

TOKYO, Sept 30 (Reuters) - The chairman of Japan's biggest business lobby said on Monday he expects the cleanup of bad loans in the nation's financial system to accelerate under the new cabinet appointed earlier in the day. Hiroshi Okuda, chairman of the Japan Business Federation, told a news conference: "It seems that dealing with the bad loans issue is likely to accelerate under the new cabinet." He was responding to a question on his views on a cabinet reshuffle earlier on Monday in ...

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