BOJ expected to ease policy

The Bank of Japan is expected to ease monetary policy on Tuesday for the second straight month by increasing asset purchases, as slumping exports and factory output heighten pressure for bolder action to support an economy on the cusp of recession.

Industrial production fell in September at the fastest pace since last year’s earthquake and job availability dropped for the first time in more than three years, a sign the pain from the global slowdown and a territorial row with China was broadening.

via Business feed http://www.scmp.com/business/economy/article/1073115/boj-expected-ease-policy