Japan ruling party lawmaker: Closely watching US banking developments 

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO, March 16 (Reuters) - The Group of Seven (G7) advanced economies will need to share awareness of U.S. banking problems although the recent failure of some local banks are unlikely to directly impact Japan's financial system, a senior ruling party lawmaker said on Thursday. "We need to carefully watch developments from now on," Isamu Ueda, senior lawmaker of Komeito party told Reuters. (Reporting by Tetsushi Kajimoto and Takaya Yamaguchi; Editing by Toby Chopra)

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