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About: http://data.cimple.eu/news-article/1437c0e5864c8f87dd4fb171e59ea054828ffac882f070f1b30c1220 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks closed more than two percent lower Monday as a sharp rally after the Bank of Japan announced emergency monetary policy measures quickly fizzled. The benchmark Nikkei 225 index fell 2.46 percent, or 429.01 points, to 17,002.04 while the broader Topix index ended down 2.01 percent, or 25.36 points, at 1,236.34. "The Lehman Brothers in 2008 was a financial crisis but what we are seeing now is a health crisis," Mutsumi Kagawa, global strategist at Rakuten Securities, said of the new coronavirus outbreak. "Authorities are pushing ahead with monetary easing and economic packages but it's not providing a direct cure for the pandemic," he told AFP. Japan also has worries over its hosting of the Olympic Games this summer, which had been expected to boost businesses in the world's third-largest economy. "Even if the situation in Japan calms down, the global outbreak could get worse, fuelling fears that the Olympics might be cancelled and cooling sentiment," Kagawa said. Japanese markets swung wildly on Monday as the central bank followed its counterparts around the world in an attempt to shore up sentiment amid mounting fears of a global recession. The Nikkei shot up about two percent in the minutes after the Bank of Japan announced emergency easing measures. The BoJ said it would double its annual capacity to purchase exchange-traded funds and Japan real estate investment funds, but left its key interest rate unchanged. mis/ric/fox
schema:headline	Tokyo's Nikkei closes 2.5% lower as post-BoJ rally fizzles
schema:mentions	Management information system 2012 Summer Olympics Fox Interest rate Protest Great Recession Agence France-Presse Japan Pandemic Severe acute respiratory syndrome coronavirus 2 Utawarerumono Bankruptcy of Lehman Brothers Futures exchange Mounting Fears Boj (TV series) Rakuten Quantitative easing The Nikkei Monetary policy Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	61 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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