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18 MINS AGO - Huffington Post

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Nikkei Soars As Bank Of Japan Announces Unexpected Stimulus Measures

TOKYO (AP) — Japan's central bank expanded its asset purchases in a surprise move Friday to shore up sagging growth in the world's No. 3 economy. The Bank of Japan said it would increase its asset purchases by between 10 trillion yen and 20 trillion yen ($90.7 billion to $181.3 billion) to about 80 trillion yen ($725 billion) annually. The ...

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1 HOUR AGO - FT Alphaville

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The 6am London Cut

Markets: “Japanese stocks jumped and the yen skidded to six-year lows against the dollar on Friday after the Bank of Japan surprised markets with fresh easing steps – a move aimed at stoking inflation and recharging a fragile economic recovery. The Nikkei stock average rallied [4.5 per cent at pixel with the yen threatening 110 against the dollar] after Japan’s ...

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1 HOUR AGO - Yahoo! News

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Japan shares soar, yen skids after BOJ stuns with more easing steps

By Lisa Twaronite TOKYO (Reuters) - Japanese stocks jumped and the yen skidded to six-year lows against the dollar on Friday after the Bank of Japan surprised markets with fresh easing steps - a move aimed at stoking inflation and recharging a fragile economic recovery. The Nikkei stock average rallied 3.9 percent after Japan's central bank said it would purchase ...

Tags: Japan shares soar, yen skids after BOJ stuns with more easing steps,  Investment Latest News

1 HOUR AGO - Business Insider

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BOJ Unexpectedly Eases Monetary Policy Further

TOKYO (Reuters) - The Bank of Japan unexpectedly eased monetary policy on Friday in a 5-4 vote, due to concerns that a decline in oil prices would weigh on consumer prices and delay a shift in sentiment away from deflation.The central bank decided to increase the pace at which it expands base money to about 80 trillion yen ($726 billion) ...

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1 HOUR AGO - MarketWatch

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Japan's surprise easing sends stocks, dollar soaring

LOS ANGELES (MarketWatch) -- In an unexpected move, the Bank of Japan's policy board voted by a 5-to-4 margin to expand the pace of its quantitative easing, sending Tokyo stocks soaring and the Japanese yen falling sharply. The central bank expanded the size of its Japanese Government Bond purchases to the equivalent of "about 80 trillion yen" ($727 billion) a ...

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