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

Wednesday Evening Links

[Bloomberg] Fed Leaves Door Open for June Increase, Monitors Global Outlook

[Reuters] Fed signals no rush to raise rates as pace of U.S. recovery moderates

[Bloomberg] Oil Climbs Above $45 Amid U.S. Crude Output Drop, Fed Statement

[Bloomberg] U.S. Stocks Rise as Fed Reassures on Gradual Rate Path, Economy

[Bloomberg] Greece Creditors Agree Contingency Plans Needed, Eurogroup Says

[Bloomberg] BOJ Decision-Day Guide: Markets Bear Down on Kuroda to Act

[Bloomberg] New York Luxury-Apartment Glut Hits Landlord Equity Residential

Wednesday's News LInks

[Bloomberg] Treasuries Rise, Dollar Drops Before Fed; Apple Weighs on Stocks

[Bloomberg] Greek Bonds Slide With Stocks as Tsipras Asks for Euro Summit

[Bloomberg] U.S. Oil Rises Above $45 a Barrel for First Time Since November

[Bloomberg] China's Stocks Fall as Industrial Profits Fail to Lure Traders

[Reuters] Iron ore, steel lead China commodities retreat as curbs bite

[Reuters] Fed set to keep rates unchanged, may nod to ebbing risks

[Bloomberg] What Wall Street Analysts Are Saying About Apple's Ugly Quarter

[Bloomberg] EU Rejects Tsipras Call for Summit as Greek Rescue Talks Falter

[Reuters] Germany's Merkel warns of risks from loose monetary policy

[Bloomberg] Draghi Tells Germany Criticism May Slow Return to Higher Rates

[Bloomberg] Xi Urges Focus on Jobs With China Economy Under Growing Strain

[Reuters] China speeds up work on bank capital

[CNBC] We are in the 'first inning' of a 'wash out' in hedge funds, says top hedge fund

[Barron's] Haruhiko Kuroda’s Embattled Hedge Fund