Reported about 1 year ago
Japanese stocks saw gains as Asian markets weakened, with the yen dropping after the Bank of Japan announced plans to gradually reduce its massive bond purchases. The Nikkei rose while the yen hit a six-week low of 158.19 against the dollar. The BOJ indicated a tapering plan for the next one to two years in July, amidst speculation on U.S. rate hikes following the Federal Reserve's adjusted stance. In response, Asian stocks fluctuated, and the euro faced pressure due to European political uncertainties.
Source: YAHOO