Japanese government, BOJ on alert amid market volatility, to work closely

The Japanese government and the Bank of Japan will continue to monitor market developments with a sense of urgency and examine what is happening in a "cool-headed manner," its top currency diplomat said Tuesday.Atsushi Mimura, vice finance minister for international affairs, said senior officials from the government and the BOJ agreed to do "all they can" concerning economic and fiscal management after their meeting on Tuesday, following big swings in the stock and currency markets.Mimura, who took up the post only recently, said Japan is in contact with its counterparts over the recent mar…READ FULL ARTICLE