Japan's key gauge of corporate capital spending rose at its fastest pace in nearly four years in November, thanks partly to post-quake rebuilding demand, but policymakers were kept on guard over the potential fallout from the euro zone debt crisis.
Policy chiefs reiterated their concerns about Europe's sovereign debt crisis as Asian share prices and the euro fell on Monday after Standard & Poor's mass downgrade of euro zone countries late last week.
Finance Minister Jun Azumi said he is worried about the euro's fall as the common currency hit a fresh 11-year low of 97.04 yen at one point on trading platform EBS. (Reuters)
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