Abe is expected to announce a snap election on Monday to take advantage of improved ratings and disorganised opposition parties, and the stimulus package could be a way to lure voters during the election campaign.
The dollar was marked down as deep as 109.22 yen at the opening, off a whole yen from late on Friday, but there was no follow-through selling and it was last at 109.84.
But while the central bank reached a major milestone in money printing, it is nowhere near achieving the ultimate goal of its policy, to lift inflation to 2 percent, highlighting the difficulty the BOJ is facing as the pace of its bond buying appears unsustainable.
Sterling remained under pressure after police said at least 19 people were killed and about 50 injured in an explosion at a concert in Manchester where U.S. singer Arianna Grande had been performing.
Japan's fourth-largest automaker said it expected operating profit to come in at 240.0 billion yen ($2.11 billion) in the year to March 2018, short of an average estimate of 254.7 billion yen from 21 analysts polled by Thomson Reuters I/B/E/S.
Nissan expects operating profit to come in at 685.0 billion yen ($6.00 billion) in the year to March, lower than an average estimate of 778.4 billion yen from 21 analysts polled by Thomson Reuters I/B/E/S, and down from a 742.2 billion yen profit posted in the year just ended.
The three companies said in a joint statement that they would spend a total of 20 billion yen (USD 183.74 million) to set up the company, which would be formed this year.
The US technology giant is considering investing at least several billion dollars to take a stake of more than 20 percent as part of a plan that would have Toshiba keep a partial holding so the business remains under US and Japanese control, NHK reported, citing unidentified sources.
The result, the 32nd straight month of current account surpluses, compares with economists' median forecast for a surplus of 2.62 trillion yen in a Reuters poll. This February's current account surplus was the largest on record for February.
The rupee is likely to remain rangebound today and stay between 64.90-65.10/dollar, says Bhaskar Panda of HDFC Bank.
The Japan International Cooperation Agency (Jica) today said signed an agreement with the MMRDA to provide 144,795 million yen, or around Rs 8,600 crore, official development assistance (ODA) loan for the ambitious trans-harbour link project in the city (MTHL).
Suitors include Western Digital Corp which operates a chip plant with Toshiba in Japan, Micron Technology Inc, South Korean chipmaker SK Hynix Inc and financial investors.
We expect the strong momentum to continue and see the 10-year benchmark bond yield trading in the range of 6.78-6.82 percent today, says Ashutosh Raina of HDFC Bank.
Annual export growth of 11.3 percent topped a 10.6 percent increase expected by economists in a Reuters poll and followed a 1.3 percent gain in January, marking the biggest gain since January 2015, Ministry of Finance data showed on Wednesday.
The extension would be the second after Toshiba postponed it a month ago to probe potential problems at Westinghouse. In early trading, Toshiba shares fell 4.8 percent to 204.6 yen, against the broader market's 0.2 percent decline.
We expect the USD-INR pair to trade in a range of 66.60-66.90/dollar today, says Ashutosh Raina of HDFC Bank.
We expect the USD-INR pair to trade in a range of 66.50-67/dollar for the day, says Pramit Brahmbhatt of Veracity.
The move comes after the central bank's erratic bond operation since late January confused market players, leading to a surge in Japanese Government Bond yields to one-year highs earlier this month.
Trading range for USD/INR pair will be 66.50-67/dollar, says Pramit Brahmbhatt of Veracity.
Toshiba said yesterday it is selling its entire 65 percent stake in Toshiba Medical Finance Co to Canon, a Japanese camera maker, effective March 31. Tokyo-based Toshiba has been in talks with Canon since late last year on the sale.
The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar, says Pramit Brahmbhatt of Veracity.
Hours after delaying the release of its financial results, the company issued a forecast that said it was on track to report a net loss of 390 billion yen (USD 3.4 billion) in the current fiscal year to March, with losses in its atomic division topping 700 billion yen.
Toshiba warned of a potential writedown in December, a year after a USD 1.3 billion accounting scandal. Sources familiar with the matter say the charge will be as high as 700 billion yen (USD 6.2 billion) - a sum that would wipe out the group's shareholder equity.
Data on Monday showed the world's third-largest economy grew an annualised 1.0 percent in October-December, roughly in line with the 1.1 percent increase markets had expected, following a revised 1.4 percent expansion in July-September.