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Kuroda-Abe meeting boosts expectations for further monetary easing

Bank of Japan Gov. Haruhiko Kuroda talks to reporters Friday after meeting with Prime Minister Shinzo Abe.

TOKYO -- Market expectations for additional monetary easing in Japan are growing, spurred by a Friday meeting between Bank of Japan Gov. Haruhiko Kuroda and Prime Minister Shinzo Abe.

     News of the meeting sent stocks leaping as expectations for further easing mounted. The Nikkei Stock Average ended the day up 1.76% from Thursday's close, at a daily high of 17,880. Mitsui Fudosan and Mitsubishi Estate rose 6% and 4%, respectively. Both real estate companies would likely benefit from more easing.

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