Nikkei soars ahead of deflation plan

JAPAN - Japan's top economic policy makers are meeting to finalise moves to curb spiralling deflation and stabilise the stock market.

Shares in Tokyo soared on Wednesday, while the yen, which has been tumbling in recent weeks, strengthened to 134.56 against the dollar.

The benchmark Nikkei stock index ended the morning up 3.63% at 10,573.

Prime Minister Junichiro Koizumi is reportedly chairing a meeting of the policy-setting Council on Economic and Fiscal Policy, which will announce a package

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: