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
07:53a PARKER HANNIFIN : beats 3Q profit forecasts
07:53a HOSPIRA : tops Street 1Q forecasts
07:52a MEDA : Invitation to Meda's Capital Markets Day on May 12, 2015
07:52a AFFILIATED MANAGERS : AMG Reports Financial and Operating Results for the First Quarter of 2015
07:51a KAPSCH TRAFFICCOM : publishes invitation to tender notes due 2017 for repurchase for cash (Ad hoc Release)
07:51a AK TRANSAERO : Transaero Airlines launches regular flights on Moscow-Malta route
07:51a CYBERCOM : won frame agreement with Hansel's IT consultation in 2015–2019
07:51a ECHO THERAPEUTICS, INC. : Announces Successful CFDA Meeting
07:51a UNITED BANKSHARES : Announces Increase in Earnings
07:50a VOLVO : 2015 Volvo V40 | new car review
Latest news
Advertisement
Hot News 
ATLAS DEVELOPMENT & SUPPORT SERVICES : Interim Results
INDIGOVISION : Shares Fall As It Forecasts Interim Operating Loss
CORAC : Posting of Annual Report and Notice of AGM
CENTRALNIC : 2014 Profit Falls As Investment Offsets Revenue Rise
SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY THIRD QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.085 PER POST-SPLIT COMMON SHARE, SCHEDULES CONFERENCE CALL TO DISCUSS RESULTS FOR TUESDAY, APRIL 28, AT 3 : 30pm Central Time
Most Read News
12:16aDJShell Faces Pressure to Disclose Priorities
04/27 APPLE : China iPhone sales boosts Apple; shares up modestly
04/27 FEDERAL HOME LOAN MORTGAGE : New Business, Delinquency Tumble at Freddie
04/27DJCNOOC : Becomes Latest Chinese Oil Giant to Tap USD Bond Market for Funds
04/27DJGOOGLE : Launching Digital News Effort With European Publishers - Capital New York
Most recommended articles
07:49a Deutsche Bank's co-CEO Fitschen goes on trial over Kirch case
07:49a Factbox - HSBC must weigh up UK and Hong Kong regulatory regimes
07:46aDJMARKET SNAPSHOT : U.S. Stocks: Futures Point To Losses Ahead Of Fed Meeting
07:46aDJNational Oilwell Varco Earnings Beat on Rig Sales
07:44a Britain's recovery slows sharply in pre-election setback for government
Dynamic quotes  
ON
| OFF