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Asia stocks mixed ahead of BOJ meeting

Sunday, October 28, 2012

WN.com - Asia News
Latest headlines from WN Network
Asia stocks mixed ahead of BOJ meeting
Oct 29th 2012, 05:15

BANGKOK - Asian stock markets were mixed Monday, with traders widely expecting the Bank of Japan to announce new measures to help the country break out of its deflationary slump. The central bank's monetary policy committee meets Tuesday and is expected to grapple yet again with the country's longstanding economic doldrums. "The faster-than-expected deterioration in the economy requires further policy support from the central bank," analysts at DBS Bank Ltd. in Singapore said in a market commentary. "Market expectations are building that the BOJ will ease policy again." The Nikkei 225 in Tokyo rose marginally to 8,937.796, giving up some morning gains. South Korea's Kospi reversed course and...

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