Taro Aso

Asia’s stock gauge fluctuates as Japan drops, China advances

China stocks

SYDNEY / TOKYO (May 23): Asia’s benchmark stock index swung between gains and losses as Japanese shares fell as the yen advanced, offsetting gains in Chinese and Taiwanese shares.

Yen weaker on BOJ easing talk, BOE's 'Super Thursday' in focus

yen

LONDON (May 12): The yen fell on Thursday as investors sold the currency amid speculation that the Bank of Japan could decide to expand its monetary stimulus as soon as next month.

Talk of more action gathered pace after prominent Japanese academic Takatoshi Ito said the BOJ is likely to expand monetary stimulus either in June or July. Ito is said to have close ties to Governor Haruhiko Kuroda.

Asian stocks at two-month lows as oil weighs; dollar up

China stocks

HONG KONG (May 10): Asian stocks slipped to two-month lows on Monday as weak oil prices weighed on sentiment while the dollar got a lift against its peers as the differences in policy directions between the world's top central banks became starker.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%, its lowest since Mar 11. Hong Kong and Chinese stocks led regional markets lower.

China's April consumer inflation and producer price data painted a mixed picture of deflationary pressures in the world's second largest economy.

Japan ready to intervene if yen moves too volatile: Aso

TOKYO (May 9): Japanese Finance Minister Taro Aso said on Monday that Tokyo is ready to intervene in the currency market if yen moves are volatile enough to hurt the country's trade and economy.

Aso also said he did not think the United States considered Japan's currency policy to be inappropriate.

"For Japan, excessive volatility in yen moves that affect Japan's trade, economic and fiscal policies - be it yen rises or yen falls - is undesirable. If such moves occur, Japan is ready to intervene in the market," Aso told parliament.

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