Bank of Japan governor Haruhiko Kuroda speaks during a news conference following a two-day monetary policy meeting at headquarters in Tokyo on Wednesday. (EPA photo)Most Southeast Asian stock markets recovered from losses earlier in the day to end higher, echoing a surge in wider Asian stocks after the Bank of Japan said it would overhaul monetary policy and steepen the yield curve. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%. "We expect most Asian shares to keep climbing in the short-term, and the yen to continue falling after today's announcement," said Victor Felix, an analyst with AB Capital Securities Inc. Indonesia closed 0.8% higher, buoyed by consumer discretionary and financial stocks.

Source: Bangkok Post September 21, 2016 11:03 UTC