Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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
Latest news
Date Title
04:29p SINDH MODARABA MANAGEMENT : to give private public transporters Rs2bn subsidy
04:29p SINDH MODARABA MANAGEMENT : CM announces Rs2bn subsidy to run 600 vehicles in Karachi
04:29p LG ELECTRONICS : Tone Studio Wireless wearable begins global rollout - Press Release issued by Pakistan
04:29p NATIONAL INVESTMENT TRUST : NIT Funds - Daily Prices for March 29, 2017
04:29p PRESIDENT : (cpec to bring economic revolution in country as well as in region: president mamnoon)
04:29p K ELECTRIC : Minister annoyed over electricity disconnection to 224 schools
04:29p LAW UNION AND ROCK INSURANCE : The Nigerian Stock Exchange X-Gen News Alert - Law Union and Rock Insurance Plc
04:28p HABIB BANK : IGI Securities Limited - Investor Kit
04:28p SHANGHAI FOSUN PHARMACEUTICAL : to buy Gland Pharma
04:28p HINDUSTAN UNILEVER : Bombay HC to hear the Amul vs HUL ice-cream ad case on Monday
Latest news
Advertisement
Hot News 
-22.13%Lululemon shares tumble on miss, weak first-quarter outlook
11.59%GENEL ENERGY : targets Turkey gas deal this year to overcome oil troubles
1.02%India's Mahindra Plans Electric Vehicles for U.S. and China
-2.93%Mexico's governors tap investors in China, elsewhere
-1.67%SSE : says 2017/18 dividend cover to be at lower end of guidance
Most Read News
03/29 ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion
02:52aDJH & M HENNES & MAURITZ : &M Profit Slips as Toug Retail Conditions Dent Sales Growt
04:54a AMERICAN INTERNATIONAL : Lloyd's of London chooses Brussels for EU base on strong regulation
09:32a H&M invests in supply chain as fashion rivalry intensifies
09:28a VOLKSWAGEN : Fourth-quarter economic growth revised higher, boosted by consumer spending
Most recommended articles
03/29DJS&P 500, Nasdaq Futures -- Technical Analysis
03/27 Dollar hits four-month low as Trump trade deflates
10:26a VOLKSWAGEN : settles 10 U.S. state diesel claims for $157 million
10:23a LULULEMON ATHLETICA : shares tumble after disappointing sales forecast
10:21aDJH & M HENNES & MAURITZ : &M Falters as Zara Owner Inditex Speeds Aead -- Update