Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Japan's Aso Urges Patience on BOJ Easing

05/06/2013 | 10:15pm US/Eastern

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

React to this article
Latest news
Date Title
<1m ago NANYANG : Reliving haikou's glory days
<1m ago CHINA UNITED NETWORK COMMUNICATIONS : Sharpen 'Sword of Damocles' with targeted inspections
4m ago ERS ECONOMIC RESEARCH SERVICE : Time-Use Behavior as a Factor in Fast-Food Purchasing
4m ago INTEL : Announces Increase in Quarterly Cash Dividend, 2015 Business Outlook at Annual Investor Meeting
9m ago BOTTOMLINE TECHNOLOGIES : Ken D’Amato Joins Bottomline Board of Directors
9m ago HONG LEONG FINANCIAL BHD : Quasi Cash Transaction
9m ago HESTER BIOSCIENCES : Buys Gujarat Agrofarm
9m ago UDAY KOTAK : ING Vysya Merging With Kotak Mahindra Bank
9m ago Rajeswari Infra Seeks FDI For Chennai Project
9m ago ALIBABA : 'dividends' keep coming in
Latest news
Advertisement
Hot News 
SNOOZEBOX : Providing Temporary Hotel For Premier Oil
FAIRFX : Taps John Pearson To Replace Co-Founder As Chairman (ALLISS)
MOL GLOBAL : ATTENTION MOL GLOBAL SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of MOL Global, Inc.
S&P 500 MOVERS : Gme, rost
FULLER SMITH & TURNER : Pub operator Fuller's first-half profit rises 8 pct
Most Read News
1d ago KATE SPADE : 13 Super Cozy Things on Sale
1d ago Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
1d ago European Parliament may propose Google break-up in draft resolution
1d ago ALDAR PROPERTIES PJSC : Demand for units in Abu Dhabi's tallest tower remains strong
1d ago NIKE : Dawn Runners to kick-start event
Most recommended articles
1d ago WEEKLY TRADING FORECAST : Volatility Keeps Boiling in the FX Market
1d agoDJWireless Carriers Bid Up US Airwaves To Record
1d ago Dollar May Not Have a Quiet Thanksgiving...
1d agoDJGRAIN HIGHLIGHTS : Top Stories of the Day
1d ago Giving thanks for big stock gains
Dynamic quotes  
ON
| OFF