Japanese Prime Minister Shinzo Abe is likely to nominate Asian Development Bank President Haruhiko Kuroda as Bank of Japan governor, according to two officials with knowledge of the discussions. Abe is also likely to tap Kikuo Iwata, an academic who has urged a ramping up in Japan’s monetary base to end deflation, and Hiroshi Nakaso, a senior BOJ official, as deputy governors, according to one government official and a ruling coalition executive, who asked not to be named as the talks are private. Finance Minister Taro Aso lauded Kuroda in remarks to reporters today. The yen fell and Japanese stocks rose on the ... (full story)