European shares rose on Tuesday, while the Japanese yen slid to near a one-year low against the dollar after the Bank of Japan's moves towards ending years of massive monetary stimulus underwhelmed some investors. European shares climbed 0.7% as investors drew comfort from resilient corporate earnings, providing some relief after Asian equities earlier lost ground on renewed fears over the prospects for the Chinese economy following weak manufacturing data. The yen fell 1.1% against the dollar to touch a session low of 150.76 as the central bank further loosened its grip on long-term interest rates by tweaking its so-called bond yield control policy (YCC).
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