Nikkei soars as BoJ shocks market with new stimulus

Anna Fedorova
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Japanese stocks have rallied to their highest level since November 2007 and the yen has plummeted after the Bank of Japan shocked the market with unexpected new stimulus measures.

The central bank will increase the pace at which it expands base money to 80 trillion yen (£454bn) a year, instead of 60-70 trillion yen. It also intends to triple its purchase of exchange-traded funds...

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