Tokyo investors eye Bank of Japan meeting

TOKYO: Tokyo investors will be looking to a Bank of Japan (BoJ) meeting next week as speculation grows that an economic downturn will force policymakers to pull the trigger on more stimulus.

If the central bank expands its 80 trillion yen ($665 billion) annual asset-buying scheme—similar to the Federal Reserve’s quantitative easing—it would likely weaken the yen further, which is a plus for Japanese exporters.