BoJ surprises with negative interest rate move

The Bank of Japan shocked markets Friday after it unveiled plans to effectively charge lenders to park their cash with it, ramping up its long-running battle to kickstart the world's number three economy. The unprecedented decision to adopt a policy of below-zero interest rates is the BoJ's latest weapon as it looks to spur lending and soon afterwards the Nikkei stock index soared almost three percent and the yen plunged.