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News Summary: Kuroda seen heading Bank of Japan

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REPORTEDLY KURODA: Prime Minister Shinzo Abe is reportedly preparing to nominate Asian Development Bank President Haruhiko Kuroda to head Japan's central bank. BANK CRITIC: Kuroda has been critical of the central bank's policies in the past and is thought to back Abe's strategies for seeking to revive Japan's economy by fighting deflation through monetary easing and hefty government spending...

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