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BOJ keeps record stimulus as Japan crawls out of recession

Central bank to boost monetary base by 80 trillion yen a year

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HEADING NORTH: The strength in the Japanese stock market and among large exporters belies challenges the BOJ faces in keeping the economy on track for recovery after a sales-tax increase in April precipitated a recession last year.

Tokyo

THE Bank of Japan (BOJ) maintained unprecedented monetary stimulus, as governor Haruhiko Kuroda aims to stoke a recovery from recession and counter a slowdown in inflation.

The central bank will boost the monetary base at an annual pace of 80 trillion yen (S$912 billion), it

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