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Suga: Tokyo can be global financial hub

Prime minister aims to inject diversity into boardrooms via corporate reform

Japanese Prime Minister Yoshihide Suga speaks with reporters during an interview in Tokyo on Oct. 5. (Photo by Uichiro Kasai)

TOKYO -- Prime Minister Yoshihide Suga on Monday said his government will consider lowering tax rates and promote diversity in boardrooms to draw foreign talent as the Japanese capital seeks to reinvent itself as a global financial hub. 

Japan "can expect a market revitalization by attracting financial personnel from overseas," Suga said in an interview with Nikkei and several other media outlets, his first since taking office last month. The prime minister pledged to "quickly address matters including taxation, residency requirements and administrative support in English" to create an environment attractive to top financial talent.

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