Tuesday, January 22, 2008 7:25 am | 
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Gov’t officials downplay Tokyo stock slump
Japanese government officials downplayed Monday declines in Tokyo stock prices, with Prime Minister Yasuo Fukuda brushing aside any need for forming stimulus measures while other senior officials saying the declines do not mirror the nation’s economic health.
[KYODO]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
