The ruling coalition will accelerate work on measures to revive share prices, compiling them by tonight, the top policy maker of the Liberal Democratic Party said Thursday.
"We will report draft measures to Prime Minister Yoshiro Mori (today)," Shizuka Kamei, chairman of the LDP Policy Affairs Research Council, told the day's Diet committee session. "After receiving the prime minister's instructions, we would like to complete the measures by the end of this week even if we have to work through the night."
Kamei made the remarks as the key Nikkei average on the Tokyo Stock Exchange threatened to drop below its post-bubble nadir of 12,879.97, touched on Oct. 9, 1998.