Thursday's News Links

[Reuters] Yen soars, stocks slump as BOJ holds policy, pushes back inflation target

[Bloomberg] U.S. Economy Expands to 0.5% Pace, Weakest in Two Years

[Bloomberg] Markets Get the Worst Kind of Kuroda Surprise as BOJ Stands Pat

[Bloomberg] Bank of Japan Stuns Market by Holding Off on More Stimulus

[CNBC] Nikkei falls 2.5%, dollar/yen drops 1.9% after Bank of Japan keeps policy steady

[Bloomberg] China's $1 Trillion Bond Leverage Unwinds as Pimco Senses Panic

[Bloomberg] After $261 Billion Binge, Chinese Commodity Speculators Drop Out

[Bloomberg] Asia's Market Giants Turn Into $11 Trillion Headache for Traders

[Bloomberg] Puerto Rico Risks Historic Default as Congress Chooses Inaction

[WSJ] Laid-Off Oil Workers Struggle to Pay Loans, Credit Cards

[Bloomberg] Currency Trading's 20% Drop Raises Specter of Flash-Crash Future

[NYT] As Valeant Tumbles, So Does Bill Ackman’s Hedge Fund Herd

[Reuters] Global Smartphone Market Shrank Annually for First Time in First Quarter: Strategy Analytics

[Reuters] China won't allow chaos or war on Korean peninsula: Xi

[Reuters] China prompts criticism with tough curbs on foreign NGOs