Japan PM: Will Work With BOJ on Yen

TOKYO—Japanese Prime Minister Naoto Kan said over the weekend that he will "carefully monitor" the yen's exchange rates and cooperate closely with the Bank of Japan to deal with the stronger currency.

"Though I have been on summer holidays, the yen strengthening has been bothering me," Mr. Kan on Saturday told reporters in a town in Nagano prefecture, midwestern Japan, where he had taken his short summer vacation.

Mr. Kan also said he will "communicate with [Bank of Japan Gov. Masaaki Shirakawa] in a way that's ...

Copyright 2012 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

www.djreprints.com

Vote and Discuss

Should shareholders have an annual binding vote on director pay?