Bank of Japan to start unloading ETFs in surprise move that rattles market | NYGazet

After the announcement, the Nikkei 225 fell from a record high and the yen strengthened.

In a surprise move, the Bank of Japan's policy board voted unanimously Friday to start unloading about ¥335 billion ($2.4 billion) a year of exchange-traded funds (ETFs) and Japan real estate investment trusts (J-REITS). Stocks sank immediately after... [261 chars]