chairman of japan association of corporate executives hasegawa said the government must show strong political leadership to promote economic growth, he said otherwise the economy may be threatened by a rise in prices above the 2% target. >>> let's get a check at how markets are reacting following the boj decision. in terms of currency, yen bouncing back from a brief slide after the announcement. market players are been selling the dollar and buying the yen on profit taking as boj easing measures were within market expectations. london trading we are seeing a bit of strengthening right now. 88.79 for dollar/yen. euro/yen is looking at 118.55. >>> on to stocks, asian stocks mixed. nikkei down 0.4%. investors got a clearer picture of the boj's monetary policy. in terms of active trading at this time, european stocks looking to the downside right now. investors are cautious ahead of the release of bellwether u.s. corporate earnings on the day. london down a fraction. paris's cac 40 losing about 0.25% at this time. >>> shipment of flat screen televisions showed the steepest decline last month. the

chairman of japan association of corporate executives hasegawa said the government must show strong political leadership to promote economic growth. he said otherwise the economy may be threatened by a rise in prices above the 2% target. >>> here are the latest market figures. >>> the philippines plans to formally challenge the territorial ambitions of china at a united nations tribunal. the two nations both claim sovereignty over disputed islands in waters in the south china sea. >> the philippines has been exchanging views with china to peacefully settle these disputes. to this day, a solution is still elusive. we hope that the arbital proceedings will bring the dispute to a durable solution. >> foreign second del rosario, and said that manila would seek arbitration. they have disputes over rich fishing grounds over the scarborough shoals. the philippines claim china is violating its sovereignty. they want the dispute brought before the tribunal. even so, challenge looks unlikely to go far. china's ambassador to the philippines has issued a statement saying the dispute should be resolved th