Live
- NASA Tracks Five Giant Asteroids on Close Approach to Earth Today
- Pushpa 2 Hits ₹1000 Crore in 6 Days: How It Compares to Other Top Indian Films
- Vivo X200 and X200 Pro Launched in India: Price, Specifications, and Features
- Nitin Gadkari Admits Feeling Embarrassed at Global Summits Over Rising Road Accidents in India
- Opposition Slams ‘One Nation, One Election’ Bill as Anti-Democratic; BJP Allies Support the Move
- Celebrate Karthigai Maha Deepam Virtually with Sri Mandir’s LIVE Darshan Experience
- BJP Extends Support to Samagra Shiksha Abhiyan Employees' Strike, Demands Immediate Regularization and Welfare Benefits
- Dr. M. Priyanka Stresses Quality Education, Nutritious Meals, and Cleanliness in Schools
- Mandal Level CM Cup Sports Concludes in Ija with Promising Talent and Enthusiastic Participation
- Harish Rao Slams Revanth Reddy: "More Talk, Less Action"
Brexit biggest uncertainty facing world markets: Japan bank
Tokyo:The Bank of Japan on Friday announced a modest expansion of its monetary easing programme, blaming Britain\'s decision to leave the European Union as the biggest uncertainty facing world markets.
​Tokyo:The Bank of Japan on Friday announced a modest expansion of its monetary easing programme, blaming Britain's decision to leave the European Union as the biggest uncertainty facing world markets.
The central bank acknowledged government pressure for more action to drive the yen lower and help Japan's legion of exporters, but stopped short of upping its bond purchases or cutting interest rates, the Guardian reported.
Instead the bank sanctioned an increase in purchases of exchange-traded funds as it attempted to accelerate inflation towards its 2 per cent target.
The moves disappointed the markets, which had expected another big influx of liquidity. The Nikkei stock fell nearly 2 per cent in afternoon trade.
Other stock markets were also down while futures trading indicated the FTSE100 and Dow Jones would open slightly down on Friday morning.
The yen rose 2 per cent against the US dollar, the Guardian reported.
“Against the backdrop of the UK's vote to leave the European Union and the slowdown in emerging economies, uncertainties surrounding overseas economies have increased and volatile developments have continued in global financial markets,” the bank said in a statement.
