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Japan announces new Covid-19 stimulus for economy

The $708bn (530bn) package includes subsidies for green investment and spending on digitalisation.

Japanese stocks are rising on bets the government will unveil a stimulus package that could be double the size initially expected.

The FTSE 100 rises in early trade after the Bank of Japan surprises markets by announcing more stimulus measures.

Japanese government approves a fresh 10.3 trillion yen ($116bn; 72bn) stimulus package in an attempt to spur a revival in its economy.

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