Japan chief cabinet secretary Matsuno says rising oil prices would hurt corporate profits By Reuters
© Reuters. Japan’s new Chief of Cupboard Secretary Matsuno Hirokazu pronounces new cupboard members at a information convention in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Japan’s new chief cupboard secretary Hirokazu Matsuno mentioned on Tuesday the federal government is watching oil costs as rises would damage company earnings and enhance the burden on households.
He declined to touch upon a fall in Japanese inventory costs to a one-month low, saying markets transfer in line with every day components determined by the markets.
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