BoJ can increase bank shareholdings

The Bank of Japan could increase its purchase of shares held by Japanese banks as part of its drive to protect them from falling stock prices BOJ governor Toshihiko Fukui has said.

Source: Associated Press

Bank of Japan (BoJ) governor Toshihiko Fukui said Thursday the central bank has room to increase its purchase of shares held by Japanese banks in order to protect them from slumping share prices.

The BoJ will consider proposals from the ruling Liberal Democratic Party (LDP) for an increase in