Government and BOJ to co-op on deflation

The Japanese Government and central bank will work together to end deflation and support a recovery in the world's second-largest economy, Finance Minister Sadakazu Tanigaki told Asian counterparts in South Korea.

"As our economy remains in a mild deflationary phase, it is essential that the government and the Bank of Japan (BOJ) continue to work together to take effective and comprehensive measures to overcome this deflation," he said.

"Asian economies, with China and India in the lead, contin