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Japan PM keeps markets guessing on new BOJ governor
Japanese Prime Minister Fumio Kishida said on Sunday that he would take the April economic situation into account when choosing the next Bank of Japan (BOJ) governor, keeping markets guessing who may replace incumbent Haruhiko Kuroda. Financial markets are closely watching who will succeed Kuroda, whose five-year term ends on April 8, and his two deputies, both of whose terms end on March 19. The nomination needs approval from the both chambers of parliament to take effect. Therefore, the government needs to decide much earlier to give parliament time to follow procedures to approve Kishida's pick before Kuroda's ... (full story)