Market Report – BOJ Eases, Asia Up

In today’s market report… Asian share markets rose broadly, as the Bank of Japan eased monetary policy. The government has been prodding the BOJ to act to prevent a further yen rise.

Ahead of the move, the Nikkei hit an eight-week high, led by exporters such as No. 3 Japanese carmaker Nissan.

Honda held steady, despite a U.S. recall of some 412,000 cars on braking safety concerns.

Across Asia, speculation Intel will release strong earnings boosted chip firms like Samsung Electronics and Hynix Semiconductor.

Korea Life, meanwhile, made a strong market debut after its $1.6 billion IPO, rising over 10 percent, as the most-heavily traded share in Seoul.

The Federal Reserve’s pledge to keep interest rates low pressured the U.S. dollar, while lifting commodity-linked firms.

Foto: NTDTV