Bank of Japan to carefully watch financial markets amid Evergrande woes

The Bank of Japan will closely monitor developments in financial markets recently rattled by concerns about a potential default by major Chinese property developer Evergrande Group, Governor Haruhiko Kuroda said Wednesday.The BOJ the same day kept its ultraeasy monetary policy intact as protracted COVID-19 restrictions and supply chain disruptions in Southeast Asia remain a drag on the economy."The Bank of Japan will continue to watch closely any change in market views on the debt issue and its impact on global financial markets," Kuroda told a press conference after a two-day policy-settin…READ FULL ARTICLE