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Japan stimulus lifts Asia shares, Fed awaited

NEW YORK The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets pared early gains as investors awaited the end of two-day meeting of Federal Reserve policymakers.

Recent Japan News

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Nintendo posts first-quarter loss, delays launch of accessory for Pokemon GO 2:46pm BST

TOKYO Japan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokemon GO, but hopes for long-term growth are running high on the mobile game's success. | Video

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Nintendo posts first-quarter loss, delays launch of accessory for Pokemon GO 2:46pm BST

TOKYO Japan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokemon GO, but hopes for long-term growth are running high on the mobile game's success. | Video

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Yen hit by scale of fiscal plan, new bond issue talk 2:36pm BST

LONDON Signs of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on Wednesday, as investors bet the Bank of Japan (BOJ) would match that with a new bout of money-printing aimed at weakening its currency.

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Yen weakens on larger-than-expected Japanese stimulus 2:34pm BST

NEW YORK The Japanese yen weakened against the dollar on Wednesday after Japan's prime minister unveiled a surprisingly large $265 billion stimulus package to reflate the world's third-largest economy, and before the Federal Reserve was due to make a statement on its two-day meeting.

FOREX-Yen weakens on larger-than-expected Japanese stimulus 2:32pm BST

* Fed expected to leave rates unchanged on Wednesday (Adds market action, changes dateline, previous LONDON)