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Japan PM to nominate BOJ chief soon, Muto seen lead candidate TOKYO (Reuters) - Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor, suggesting Prime Minister Shinzo Abe's hopes for a more radical policymaker are fading. Abe will pick a nominee as early as this week, sources close to the process told Reuters. The prime minister said he would make an announcement "soon" on a nominee, who would need to be confirmed by both houses of parliament. Abe led his party back to power in December with promises of aggressive monetary and fiscal stimulus to lift an economy dogged for years by deflation. ... http://news.yahoo.com/japan-pm-nominate-boj-chief-soon-muto-seen-071334239--business.html Commerzbank CEO to Forgo Bonus Commerzbank Chief Executive Martin Blessing will forgo his 2012 bonus while management and investment bankers will take cuts, reflecting a slump in net profit and planned job cuts as the bank seeks to bolster profitability by 2016. http://online.wsj.com/article/SB10001424127887324162304578305511720071162.html?mod=rss_whats_news_us Japanese Central Bank Defends Yen Policies The recent monetary push by Japan seeks to stabilize the economy, not influence currencies, the central bank said, as data showed the Japanese economy remained fragile. http://www.nytimes.com/2013/02/15/business/global/japanese-central-bank-defends-yen-policies.html?partner=rss&emc=rss BOJ chief defends policy ahead of G20 as economy contracts Bank of Japan Governor Masaaki Shirakawa defended the central bank's aggressive monetary expansion, saying it was aimed at reviving the economy not at weakening the yen, as the country came under fresh ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14it2ircn/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12fpf2p4g/*http%3A//finance.yahoo.com/news/boj-chief-defends-policy-ahead-104201109.html?l=1 http://www.wochit.com