Japan may halt government share sales

Japan may halt sales of government-held shares to help protect financial markets from the global credit crisis and may tighten restrictions on short-selling while relaxing those on share buybacks, finance minister Shoichi Nakagawa said, reports Bloomberg. The government will require exchanges to disclose short-sales on individual stocks and industries daily as opposed to monthly, according to the government’s FSA watchdog body. The Japanese measures follow the weekend meeting of G7 finance and... [read full story]