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Stories related to: Bank of Japan

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6 Stories

  • October 2008

    • Asia Stocks Edge Up

      Reuters  |  15 hours, 20 minutes ago

      Asia Stocks Edge Up

      (Newser) - Asian stocks outside Japan made a modest recovery from yesterday's plunge after Australia slashed its interest rate a full percentage point to 6%, Reuters reports. Indexes in South Korea, Taiwan and Singapore all edged up slightly. In Japan, the Nikkei was down 3% to a 5-year low after the Bank of Japan announced it would keep interest rates unchanged. More »

      Tags

      Australia  • South Korea  • interest rate cut  • Asian markets  • Taiwan  • Nikkei  • Singapore  • Bank of Japan

  • September 2008

    • Central Banks Throw $360B Lifeline

      New York Times  |  Sep 18, 08 4:34 AM CDT

      Central Banks Throw $360B Lifeline

      (Newser) - The Fed has joined forces with central banks in Europe, Japan and Canada to pump more dollars into the global financial system in a bid to fend off economic catastrophe, Bloomberg reports. The funds—$180 billion from the Federal Reserve and nearly as much from the other banks—are being made available for auction to global money markets in an effort to ease the crisis created by the collapse of Lehman Brothers and deepening fears about the economy, reports the New York Times . More »

      Tags

      Federal Reserve  • US dollar  • European Central Bank  • central bank  • Bank of Japan  • Swiss National Bank

  • April 2008
  • March 2008

    • Japan Faces Credit Crisis With No Central Bank Governor

      AFP  |  Mar 21, 08 9:58 AM CDT

      Japan Faces Credit Crisis With No Central Bank Governor

      (Newser) - When markets are in chaos and currencies are fluctuating wildly, central bankers jump in to try to provide stability, as Ben Bernanke has done at the Fed. But in Tokyo a political standoff has left the Bank of Japan without a leader at the worst possible moment, reports the AFP. If MPs can't agree on a BoJ governor soon, the world's second-largest economy could face a serious crisis. More »

      Tags

      credit crisis  • Japan  • Yasuo Fukuda  • Tokyo  • Japanese economy  • Bank of Japan

  • August 2007

6 Stories

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