27 May 2005, 11:00  Japan's net foreign assets rose to a record high last year

Japan's net foreign assets rose to a record high last year as the country maintained its position as the world's largest holder of assets abroad for the 14th straight year, according to government data released Friday. Japan's net external assets totaled 185.797 trillion yen (US$1.722 trillion; euro1.376 trillion) at the end of 2004, up 7.5 percent from a year earlier, the Finance Ministry said.

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