Japan parliament approves Kuroda as BoJ chief

Japan’s parliament on Friday approved a new central bank management team that is widely expected to back government demands for more policy action to stoke the world’s third-biggest economy.

The upper house gave the green light to Haruhiko Kuroda as Bank of Japan governor, with the finance veteran and long-time BoJ critic seen as likely to launch aggressive monetary easing measures, after his predecessor drew heavy criticism for failing to turn around Japan’s fortunes.

via Business feed http://www.scmp.com/business/banking-finance/article/1191413/japan-parliament-approves-kuroda-boj-chief