Japan to Lend Up to $127B to Help Quake-Damaged Businesses: Nikkei

The Japanese govt plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending in the form of low-interest loans or interest payment subsidies backed by public funds to businesses to help them finance day-to-day operations and repair damage from last week’s deadly earthquake and tsunami, the Nikkei newspaper reported on Saturday.

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