SEOUL, South Korea (AP) — Japan's stock benchmark surged 5 percent to the highest level since late 2007 and the yen slid against the dollar Friday after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economy. Expectations Japan's $1.1 trillion public pension fund would boost its equity holdings gave a further boost to the market.
Big-hitting Belgian Nicolas Colsaerts fired a superb eight-under 64 Friday to take a one-shot lead after the second round of the BMW Masters in Shanghai. Colsaerts leads by one to France's long-hitter Alexander Levy with compatriot Romain Wattel -- no slouch off the tee himself -- a further shot back. The 2012 Ryder Cup winner has enjoyed a resurgence in form of late, shooting a rare round of 60 at the Portugal Masters three weeks ago.