Amid fresh market unrest, BOJ says it's set to ease further
Premier Abe pledges government's support for the move as global stock and currency markets dive
Tokyo
IN what has been seen as a move to brace Japan against impending market shocks from China or elsewhere, the country's central bank governor Haruhiko Kuroda declared on Monday that the Bank of Japan (BOJ) would "do whatever it takes" to prevent a return of deflation - and Prime Minister Shinzo Abe has pledged his government's support for this strategy.
Their comments came as China's stock market suffered a circuit breaker-triggering 7 per cent drop in prices, whi…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise