Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Japan to double budget reserves for earthquake relief - PM Kishida

Published 01/14/2024, 02:02 AM
Updated 01/14/2024, 02:05 AM
© Reuters. Firefighters search for victims in the snowfall at a residential and commercial site which burned down due to a fire following an earthquake in Wajima, Ishikawa Prefecture, Japan, January 7, 2024. Kyodo/via REUTERS/File Photo

TOKYO (Reuters) - Japan's government plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake relief in the next fiscal year, Prime Minister Fumio Kishida said on Sunday.

© Reuters. Firefighters search for victims in the snowfall at a residential and commercial site which burned down due to a fire following an earthquake in Wajima, Ishikawa Prefecture, Japan, January 7, 2024. Kyodo/via REUTERS/File Photo

Kishida announced the plan after his visit to the northwest Japanese region hit by a powerful earthquake struck earlier this month.

($1 = 144.9000 yen)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.