91. Japanese stocks fell Monday amid disappointment about economic stimulus measures suggested by a senior lawmaker over the weekend. 92. Koizumi said Friday, however, that the current budget would be the last spending package of the year, despite the pleas for more stimulus measures. 93. Kosaku Inagaki, manager of the stock trading department with Kaisei Securities Co., said the stock market was buoyed by expectations of more stimulus measures from the government. 94. Many private economists were also skeptical the stimulus measures would put Japan back on track for solid recovery. 95. Market players hope the coalition will result in new economic stimulus measures, such as more aggressive tax cuts, which the Liberal Party favors. 96. More bad economic news will likely increase pressure on Prime Minister Junichiro Koizumi to agree to a supplementary budget to pay for emergency stimulus measures. 97. On the foreign exchange market, the dollar drifted lower in early Tokyo trading on continued hope that the Japanese government may debut fresh stimulus measures later this month. 98. On the stock market, a major Japanese newspaper said Tuesday that the government plans to increase spending for economic stimulus measures in a supplementary budget. 99. On the foreign exchange market, the dollar slipped on news the Japanese government will take bolder-than-expected economic stimulus measures. 100. On the Tokyo foreign exchange market, the dollar drifted lower on continued hope the Japanese government will debut fresh economic stimulus measures later this month. |