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       Asian Markets Up Sharply After Surprise Bank of Japan Announcement

   by VOA News

   Asian markets rose sharply Friday after the Bank of Japan made a
   surprise announcement that it was introducing a negative interest rate
   policy, which should kick-start lending in the world's third-largest
   economy.

   The Nikkei in Tokyo closed 2.8 percent higher after a day of volatile
   swings between gains and losses.

   Hong Kong's Hang Seng index rose 2.5 percent for the day, although
   ended the month down about 10 percent. The Shanghai Composite Index
   closed up 3.1 percent to cap a month where the index still lost more
   than 22 percent.

   Markets in Sydney, Singapore, Manila and Taipei all finished the day up
   about 2 percent.

   European markets followed the upward trend in morning trading.
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   [1]http://www.voanews.com/content/asian-markets-up-sharply-after-surpri
   se-bank-of-japan-announcement/3167952.html

References

   1. http://www.voanews.com/content/asian-markets-up-sharply-after-surprise-bank-of-japan-announcement/3167952.html