Japan holds steady on stimulus policy

JAPAN'S central bank has refrained from promising more stimulus for the world's third-largest economy despite equity and bond market turbulence in recent weeks.

The Bank of Japan said the rise in Tokyo's long-term bond yields this year was yet to pose any threat to the economy's recovery prospects.

The Nikkei share index slid 1.5 per cent on the news after the 4.9 per cent gain.

Topics:  japan

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

UPDATE: Jockey remains in ICU at Coffs Harbour

INJURED: Jockey Kirk Matheson was injured in a fall during racing at Clarence Valley Jockey Club.

Injured jockey Kirk Matheson rushed into surgery.

PHOTOS: Meet our kindy students

Newrybar Public School

My First Year commemorates the start of school for kinders

Johnny Cash tribute will take you back to Folsom Prison

COUNTRY: Singer Daniel Thompson as Johnny Cash.

Johnny Cash The Concert Revisits Johnny Cash at Folsom Prison

Local Partners