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The yen and the Bank of Japan's super-aggressive monetary policy will also likely feature, following the dollar's breach of the 100 yen mark for the first time in four years.

SKorea's central bank cuts key rate to 2.5 percent

Europe, India and Australia reduced key interest rates this month while the Bank of Japan and the U.S. Federal Reserve are engaged in an unprecedented expansion of their domestic money supplies.

ECB weighs rate cut as eurozone economy struggles

The ECB has stayed away from a key tool to help stimulate an economy that is already used by the Fed, Bank of Japan, and Bank of England.

Asia stocks up as US jobless data fuels optimism

Japan's Nikkei 225 index rose 1.1 percent to 12,512.23 after both houses of parliament endorsed Haruhiko Kurodo, the current president of the Asia Development Bank, to head the Bank of Japan.

Japan's lower house clears Kuroda to head BOJ

Japan's lower house clears Kuroda to head BOJ

Asia stocks down on bleak UK factory production

The yen has been weak against other currencies in recent weeks because of expectations of monetary easing by the Bank of Japan under the leadership of its incoming chief, Haruhiko Kuroda.

Asia markets edge higher on back of Dow gain

It was also boosted by expectations of action by the Bank of Japan to shore up the country's stalling economy once a new bank chief is installed.

Markets remain buoyed by Dow's new record

Investors in Europe will be keen to see later in the day if the European Central Bank and the Bank of England follow the Bank of Japan's lead and keep monetary policy unchanged.

Asia stocks rise as China announces budget

Stocks in Tokyo rose on hopes that the Bank of Japan, which begins a two-day meeting on Wednesday, might demonstrate a shift in monetary policy to conform to the program championed by new Prime...

Asia stocks fall amid US budget impasse

Investors are seemingly in a buoyant mood ahead of a leadership change at the Bank of Japan.

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Falling yen to make Japan's goods more affordable

That said, Japanese automakers now have to pay more for parts made by suppliers outside Japan.

Japan mayor: Lack of sensitivity on sex comment

Hashimoto, 43, is co-head of the newly formed Japan Restoration Party with former Tokyo Gov.

TOKYO: Japanese economy grew at 3.5 percent pace in 1Q

Japan's public debt is more than twice the size of the economy and still growing as the...

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What's for lunch? In Japanese schools it's always healthy

In Japan, healthful lunches aren't just a goal for Japanese kids.

Agonizing family choice in Japanese film at Cannes festival

Japan has won four times before, most recently in 1997 with Shohei Imamura's "Unagi" ("The Eel").

North Korea Fires Short Range Missiles

New provocations from the rogue nation as short-range missiles are fired into waters close to...