Thursday, April 4, 2013

Asian markets mostly down, Tokyo surges on BOJ move





Tokyo shares bounced and the yen tumbled on Thursday after Japan unveiled more aggressive monetary easing, but other Asian markets slipped, with Seoul hit by growing tensions on the Korean peninsula.


The yen sank against the dollar and the euro after the Bank of Japan (BOJ), in its first meeting under a new governor, announced a raft of measures aimed at ending decades of deflation and dragging the economy out of years of insipid growth.









via Business feed http://www.scmp.com/business/money/stock-talk/article/1207011/asian-markets-mostly-down-tokyo-surges-boj-move

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