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Economy

Japan's Abe counting on business to spread money around

TOKYO -- Abenomics, Japanese Prime Minister Shinzo Abe's signature economic policy package, had a watershed moment last week with the successful initial public offering on Nov.4 of shares of Japan Post Holdings and its two financial arms, Japan Post Bank and Japan Post Insurance. All three issues ended their first day of trade above their offering price, and rose again on the following day.

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