Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  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
05:37p LOCKHEED MARTIN : Launches Laser Production Line; Bets On Fiber Tech
05:37pDJDuPont CEO Ellen Kullman Steps Down -- 2nd Update
05:36p JERNIGAN CAPITAL : Announces September and Cumulative Investment Activity
05:35p International Space Station Partners Release Major Update to Docking Standard
05:34p PRIME MINISTER OF AUSTRALIA : Historic Asia-Pacific Trade Agreement opens new era of opportunities
05:34p LUCAPA DIAMOND : Kimberlite Identified Near World-Class Diamonds
05:34pDJNew Zealand 3Q Adjusted Net Business Confidence -9% Vs +6% In 2Q-NZIER
05:32p OCEANEERING : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
05:32p INTEGRATED ELECTRICAL SERVICES : Change in Directors or Principal Officers (form 8-K)
05:32p Home prices sizzle in China's Silicon Valley even as economy slows
Latest news
Hot News 
CLOUDBUY : Appointment of NOMAD and Broker and Restoration to Trading on AIM
MAX PETROLEUM : Shares Cancelled From AIM Amid Financial Uncertainty (ALLISS)
UBS : Start of renovation of UBS's head office and opening of a new, temporary branch
CONTRAVIR PHARMACEUTICALS : Other Events, Financial Statements and Exhibits (form 8-K)
Most Read News
05:21p Wall Street rises as investors eye rate hike delay, oil up
01:05a After Mandatory Tender Offer Renova will own 62,86% of Sulzer AG
05:17p Oil gains as Russia set to meet with producers; stock markets up
10/04DJTrans-Pacific Partnership Trade Deal Within Reach
09:45a ELEMICA : Adds Presentation on "The Epidemic of That's How We've Always Done It" to Supply Chain Conference
Most recommended articles
05:34pDJNew Zealand 3Q Adjusted Net Business Confidence -9% Vs +6% In 2Q-NZIER
05:32p Home prices sizzle in China's Silicon Valley even as economy slows
05:26pDJUSDA CROP PROGRESS : Soybean Condition/Progress-Oct 5
05:25pDJMedia General Hires Additional Advisers to Review Nexstar Offer
05:22pDJMARKET SNAPSHOT : S&P 500 Gains For Fifth Session In Longest Winning Streak For 2015