Japan's shares decline

Source: Bloomberg
© Scanpix/Agence France-Presse
Japan's Nikkei 225 Stock Average declined, slipping 19%, and it almost entered the bear market as the Japanese currency appreciated to its strongest versus the greenback in more than eight weeks. The Nikkei 225 dropped 5.6% to 12,547.96 at 12:39 p.m. Tokyo time, making it the third decline of more than 5% in previous month. The index slid 6.6% today, the biggest decline since stocks in Japan fell on May 23.
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Thu, 13 Jun 2013 10:00:06 GMT

Yields will stabilize without intervention, BoJ says

The BoJ governor Sayuri Shirai expects Japanese government bond prices to stabilize without any intervention by the central bank. He predicts that economic growth will resume in the middle of 2013, while achieving the goal of 2% inflation will take time. The BoJ decision to keep its monetary policy steady and speculations on Fed's withdrawal of its QE significantly contributed

Thu, 13 Jun 2013 08:43:10 GMT

Australian and New Zealand Dollars fall

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