Financial Times FT.com

Japan

Published: October 8 2009 09:22 | Last updated: October 8 2009 19:26

The nail that sticks out must be hammered down, as the old Japanese proverb has it. Investors long Japan must be hoping that colleagues of Shizuka Kamei, the newly installed minister for financial services, start brandishing the mallet – and soon. Since Mr Kamei answered the call of the Democratic Party of Japan three weeks ago, markets have winced at his every utterance.

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