Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Japan's Aso Urges Patience on BOJ Easing

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/07/2013 | 04:15am CEST

TOKYO--Japan's finance minister said on Tuesday that it will to take a few months before the effects of the Bank of Japan's monetary easing on market trends become clear, maintaining his cautious attitude toward making comments on market movements.

"The yen may fall and stocks may rise all of a sudden as a result of that, but trends tend to emerge a few months" afterwards, Taro Aso said at a news conference. "It has only been a month (since the BOJ rolled out aggressive easing measures). There is nothing particular yet that I need to point out."

Mr. Aso's remarks come as Japanese officials take pains not to raise any suspicions that they are aiming to lower the yen's value to boost Japanese exports or produce any market reaction through monetary loosening. Some emerging nations competing with Japan's manufacturers, such as China and South Korea, have continued to accuse Tokyo of weakening the yen despite Japan's efforts to convince them that monetary easing by the BOJ is intended to bolster domestic economic activities.

Write to Takashi Nakamichi at takashi.nakamichi@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news
Date Title
02:04a OROCOBRE LIMITED (TSX : ORL) Borax Argentina Plant Upgrade at Tincalayu
02:04a GLG LIFE TECH CORPORATION : Announces AGM Voting Results
02:04a SLYCE INC. : Reports Q2, 2016 Financial Results
02:03a GLG LIFE TECH CORPORATION : Announces AGM Voting Results
02:02a EEOC settles precedent-setting sexual orientation discrimination case in Baltimore
02:02a INTERTEK : All of KB Racking's Mounting Systems Now UL 2703 Classified
02:02a MCKESSON : Civil rights activist DeRay Mckesson to join new city schools cabinet
02:01a UNDER ARMOUR : Catonsville defender Lila Nazarian back from injury, excited to be playing in Under Armour All-America Game
02:00a HONDA MOTOR : 5-year-old dies in rollover crash near Baker
02:00a SFX ENTERTAINMENT : Electronic dance shows in San Bernardino County get green light for now
Latest news
Advertisement
Hot News 
CARPETRIGHT : Annual Profit Up But Cautious On Outlook After Brexit Vote
XENCOR : Announces Strategic Collaboration for Bispecific Programs, including XmAb 14045 and XmAb 13676
CELYAD : Announces Results for the CHART-1 Phase III Clinical Trial Evaluating C-Cure® Cell Therapy
Pomerantz Law Firm Investigates Claims On Behalf of Investors of Regulus Therapeutics Inc. - RGLS
BABCOCK & WILCOX ENTERPRISES, INC. : Costs Associated with Exit or Disposal Activities, Material Impairments, Financial Statements and Exhibits (form 8-K)
Most Read News
06:32p BIO Response to Hillary Clinton’s Initiative on Technology & Innovation
Most recommended articles
07:51p SOLARCITY : Tesla investor group wants more independent board, cites Musk ties
07:37p TOYOTA MOTOR : recalling 1.43 million hybrids worldwide for air bag issue
07:33p VW agrees to buy back diesel vehicles, fund clean air efforts
07:07p ELON MUSK : Tesla investor group wants more independent board, cites Musk ties
06:50p CUMMINS : Volkswagen diesel deal could be a win for many companies