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Reuters: Japan financials' subprime losses $8 bln: regulator

Started by chris, June 06, 2008, 09:41:06 AM

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chris

Japan financials' subprime losses $8 bln: regulator
      


TOKYO (Reuters) - Losses from investments tied to the U.S. subprime-mortgage market cost Japanese financial firms about $8 billion as of the end of March, Japan's financial regulator said on Friday, up 42 percent from December.
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