Log in
E-mail
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
Latest news
Date Title
12:03a Hotel Near Park City Rolls Out New Pricing Highlighting the Winter Sports Experience
12:01a xG Technology Announces Adjournment Of Special Meeting
12:01a Securus Listens Carefully to Corrections/Law Enforcement and Inmates to Craft Its Products and Acquisitions
12:01a WAL-MART STORES, INC. : to Webcast 2016 Meeting for the Investment Community
12:01a AMAZON PRIME ‘LEVELS UP’ : Introducing Twitch Prime
12:01a TWITCH : Con 2016 Keynote Unveils New Features and Product Offerings
10/01 TELEFLEX INCORPORATED : to Present at European Society for Emergency Medicine (EuSEM), in Vienna, Austria
09/30 TMX : DuMoulin Black LLP Closes the Market
09/30 FX TECHNICAL WEEKLY : Don’t Get Caught Fading the Next EUR/USD Move
09/30DJDepomed Gets Favorable Nucynta Patent Decision
Latest news
Advertisement
Hot News 
-13.25%COGNIZANT TECHNOLOGY : Investigating Indian Payments
6.13%NXP SEMICONDUCTORS : Auto Systems Appeal to Qualcomm as It Eyes $30 Billion Deal -- WSJ
3.40%Costco quarterly profit beats on lower fees to Visa
2.60%MCCORMICK MPANY INCORPORATED : Boosts Full-Year Outlook
5.41%Savannah Resources 1st Half Net Loss Narrows; Extends JV Deadline
Most Read News
06:01p WAL-MART STORES, INC. : to Webcast 2016 Meeting for the Investment Community
06:00p TELEFLEX INCORPORATED : to Present at European Society for Emergency Medicine (EuSEM), in Vienna, Austria
10:11a DEUTSCHE BANK : admits 'perception issue' as shares slide
05:41p TSX slips on day, gains 0.9 percent in September and 4.7 percent in third quarter
09/29 NXP SEMICONDUCTORS EXPLORES SALE TO QUALCOMM : sources
Most recommended articles
09/26Predicting the U.S. Elections With The WMA Trump/Clinton Barometer
05:41p TSX slips on day, gains 0.9 percent in September and 4.7 percent in third quarter
05:41pDJGRAIN HIGHLIGHTS : Top Stories of the Day
05:39p WELLS FARGO : Illinois and Chicago eye Wells Fargo business bans
05:37p UNITED LAUNCH SERVICES WINS $861 MILLION U.S. DEFENSE CONTRACT : Pentagon