Fukui upbeat on economic recovery

Bank of Japan Governor Toshihiko Fukui increased expectations on Friday 20 January that the central bank could end its ultra-loose monetary policy soon, saying that his opinion on a policy shift had moved forward since December.

In a review of its twice yearly forecasts published in October, the BOJ also raised its economic outlook, saying the world's second largest economy was recovering more strongly than expected three months ago.

"If the economy and price conditions continue to move favoura