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Tokyo's Nikkei stock index closes up 3.13% after BoJ decision

Tokyo stocks jumped 3.13 percent by the close Tuesday after the Bank of Japan held off expanding its asset-buying programme, but said it would boost some lending schemes to stimulate borrowing. The Nikkei-225 index soared 450.13 points to 14,843.24, while the Topix index of all first-section issues was up 2.68 percent, or 31.95 points, to 1,224.00. Wrapping up a two-day policy meeting, the BoJ said it would keep its massive easing programme in place, in line with expectations.

Bank of Japan refrains from fresh easing after weak growth data

The Bank of Japan on Tuesday held off launching fresh monetary easing measures on the back of weak growth data, which has exacerbated fears about the economic impact of an April sales tax rise. In a unanimous decision, the BoJ said it would keep its massive easing programme in place, while tweaking a loan scheme to banks in a bid to stimulate lending to firms and consumers. pb/erf

BOJ to hold fire, keep upbeat economic view despite soft GDP

By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to keep monetary policy steady on Tuesday and maintain its upbeat view on the economy, unfazed by recent signs of slower growth and suggesting that any additional stimulus will be some time away. Data on Monday showing the world's third-largest economy grew much slower than expected in the fourth quarter underscored the challenge of ending nearly two decades of stagnation.

BOJ starts 2-day meeting, discusses impact of emerging market turmoil

The Bank of Japan started a two-day policy meeting Monday, with policymakers likely to have discussed the global economic impact of the recent turmoil in some emerging markets. The central bank is expected to keep intact its large-scale monetary easing policy introduced last April, centering on doubling the monetary base and boosting purchases of government bonds, after global markets appear to have stabilized following plunges in some emerging market currencies last month.

Unfazed by market rout, BOJ to signal confidence on inflation goal

By Leika Kihara TOKYO (Reuters) - The Bank of Japan, unfazed by the latest emerging market rout, is set to stand pat on monetary policy next week and stick to its rosy economic assessment, signaling that any additional monetary stimulus may be some time away. With markets calming down after the recent turbulence and pessimism over the U.S. and Chinese economies easing, the Japanese central bank sees no need to alter its forecast that exports will emerge from a soft patch in coming months as global demand picks up.

BOJ's Kiuchi: extra stimulus would have negative impact - media

TOKYO (Reuters) - Bank of Japan board member Takahide Kiuchi said if the central bank increased its monetary stimulus the negative side-effects would outweigh the benefits, the Nikkei newspaper reported on Wednesday. Kiuchi, in an interview with the Nikkei, also doubted whether additional policy easing would actually push up prices and help the BOJ meet its 2 percent inflation target.

Emerging market rout may give BOJ less time than it wants

By Leika Kihara TOKYO (Reuters) - A sharp selloff in emerging markets is playing into the hands of those in the Bank of Japan who fret a pick up in exports is already lackluster and so may need extra monetary stimulus sooner than later. Analysts say the plight of emerging economies, some of which are key markets for Japanese goods, will deepen the concern of these pessimists that exports will not rebound enough to offset the economic impact of an increase in a national sales tax in April.

BoJ stands pat on easing, says winning deflation battle

The head of the Bank of Japan on Wednesday said its monetary easing blitz was winning the war on deflation as policymakers held off announcing any fresh measures to stimulate the economy. The decision after a two-day policy meeting was widely expected with analysts predicting the BoJ would launch an expansion of its asset-buying plan later this year to counter the effects of an April sales tax hike.

BoJ stands pat on easing, says winning deflation battle

The Bank of Japan on Wednesday said its monetary easing blitz was winning the war on deflation as it held off announcing any fresh measures to stimulate the economy. The unanimous decision after a two-day policy meeting was widely expected with analysts predicting the BoJ would launch an expansion of its asset-buying plan later this year to counter the effects of an April sales tax hike.

BOJ stands pat on policy, sticks to upbeat inflation forecasts

By Leika Kihara and Stanley White TOKYO (Reuters) - The Bank of Japan kept monetary policy steady on Wednesday and maintained its upbeat inflation forecasts, suggesting that no imminent monetary easing is on the horizon as the country's economic recovery broadens. The weak yen, which inflates import costs, has helped Japan pass the halfway mark toward its 2 percent inflation target with prices in November up 1.2 percent from a year before.
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