Asian stock markets mostly advanced Tuesday after the Bank of Japan (BoJ) raised its inflation target and adopted an open-ended asset purchasing program at the end of its two-day policy meeting.
Hong Kong's Hang Seng advanced 0.12 percent or 28.06 points to 23,618.97, South Korea's KOSPI Composite gained 0.49 percent or 9.66 points to 1,996.52 and Indian benchmark BSE Sensex rose 0.15 percent, while Japanese benchmark Nikkei declined 0.35 percent or 37.81 points to 10,709.93 and Chinese Shanghai Composite fell 0.65 percent.
Japan's central bank formally adopted a 2 percent inflation target Tuesday and also introduced an open-ended asset purchasing method as part of its aggressive monetary stimulus measures intended to revive the economic growth momentum in the world's third largest economy. The central bank will purchase 13 trillion yen ($145 billion) in assets every month from January 2014 including 2 trillion yen in Japanese government bonds and about 10 trillion yen in treasury bills.
Internal information regarding JR Kyoto Station was made publicly accessible online when the station floor plans, revealing the locations of inactive gas fire extinguishing equipment, were posted on the Google Groups bulletin board service, The Yomiuri Shimbun has learned. (The Japan News )
Japan will go ahead with research whaling in the northwestern Pacific for fiscal 2014, but by reducing catches following an International Court of Justice ruling that ordered the country to stop whaling in the Antarctic Ocean, the Agriculture, Forestry and Fisheries Ministry said Friday. (The Japan News )
Hatsune Miku, a computer-generated Japanese pop star who performs as a hologram, is to support some of Lady Gaga's tour of North America next month, the U.S. songstress has announced on Twitter. (Japan Today )
Tochigi prefectural police said Thursday that they are questioning a man in his 30s over the murder of a 7-year-old girl in December 2005. Japanese media quoted police as saying that the man, who was arrested for dealing in fake brand-name goods, has hinted at his involvement in the murder. (Japan Today )