Bank of Japan follows Fed with steps to support economy suffering from strong yen and fallout from Europe's debt crisisThe Bank of Japan has eased monetary policy by boosting asset purchases by double the usual amount, as slowing global demand and mounting tensions with China have hurt chances of a near-term recovery in the export-reliant economy.The yen weakened broadly and Tokyo's Nikkei stock average hit a four-month high on the decision to expand its stimulus measures, in a move that came a month earlier than many market players had expected.The central bank ... (more)

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