Japan's Preliminary Stimulus Announcement Should Heal the Dollar/Yen Relationship; Could the Euros be Next to Stimulate? Bullish Signs Continue to Emerge for U.S. Equity Investors ...

TOKYO (Dow Jones)--Japan's fresh economic stimulus package for the current fiscal year will likely have an effect worth around Y24.3 trillion, Kyodo News reported Friday, citing government sources.

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Prime Minister Yukio Hatoyama's Cabinet, which is crafting stimulus measures for the first time since its formation in September, will attempt to agree on specifics later in the day.
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But one of the parties in the ruling coalition, the People's New Party, is asking that the package be even bigger to help shore up the sagging economy.
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(END) Dow Jones Newswires
December 03, 2009 22:25 ET (03:25 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 10 25 PM EST 12-03-09
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