All Entries Tagged With: "Bank of Japan"
Bank of Japan: slashes interest rate but is it enough?
October 31, The Bank of Japan cut the key interest rate to 0.3 percent from 0.5 percent. This is the first cut in seven years. The move from Japan is the first that supports rate-cutting measures in response to the global financial crisis by other central banks. Some citizens say that the cut of 0.2 [...]
Oct 31, 2008 | Comments 0
Bank of Japan: benchmark Nikkei slid to a 3 year low
The Japanese unit of Lehman Brothers filed for bankruptcy protection today, with debts totaling ¥3.43tn. Japan hasn’t seen a bankruptcy like this since the end of the
Sep 16, 2008 | Comments 0