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Japan pension fund seen posting torrid annual loss

GPIF expected to be 6t yen in the red when it reports results 3 weeks later than usual


JAPAN'S government will escape a piece of bad news until after a summer election.

The US$1.3 trillion Government Pension Investment Fund (GPIF) will on July 29 announce what may be its worst annual loss since the global financial crisis - about three weeks later than usual

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