Japan plans extra stimulus of $31 bn

TOKYO: Japan plans an extra stimulus of at least 31 billion dollars this fiscal year that would include measures to tackle the surging yen and weak share prices, the top government spokesman said on Monday.

The government needs to take "policy action in view of the strengthening yen and problems surrounding share prices" and plans spending of "no less than 2.7 trillion yen (31 billion dollars)," said government spokesman Hirofumi Hirano.