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Bank of Japan

Dollar Strengthens To Fresh 2-1/2 -year High Against Pound

During early European deals on Tuesday, the US dollar showed mixed trading against the currencies of UK, Europe, Switzerland and Japan. While the dollar pared its Asian session's gain against the yen, it recovered early losses...

Nikkei Falls, Australia Jumps

Asian markets were mostly turning higher after early losses, with a surprise interest-rate cut in Australia helping boost sentiment, but Japan stayed in negative territory after briefly dipping below 10000 points.

1. Asian markets stabilize after Australia's rate cut(second updated)

New Zealand's stock market hit a three-year low Tuesday, dropping 2.67 percent within half an hour of opening as investors reacted to falls on U.S. and European markets overnight amid signs that global growth will slow sharply...

Rand gains momentum after interventions

Intervention by the world's leading central banks and governments of developed countries on financial markets over the past hour have seen the Rand gain over 1% against the US dollar, the Euro and sterling.

BoJ Holds Rates, Again - But Would They Cut if Global Banks Asked Them To?

The Bank of Japan's widely-expected decision to hold rates at 0.50% on Tuesday has lead speculation forward. Economists weighed in on the possibility of the bank's participation in a much-talked about globally coordinated...

JGB futures fall more than half a point

TOKYO, Oct 7 (Reuters) - The 10-year Japanese government bond futures gave up earlier gains, tumbling more than half a point on profit taking as the Nikkei stock average clawed back above 10,000. December futures were down 0.65...

BOJ offers $20 bln in dollar supply operation

TOKYO, Oct 7 (Reuters) - The Bank of Japan offered $20 billion in three-month funds to the money market on Tuesday, the central bank said, as part of a worldwide central bank effort to deal with strong dollar demand. It was the...

JGBs retreat on profit-taking despite Nikkei tumble

TOKYO, Oct 7 (Reuters) - Japanese government bonds retreated on Tuesday as investors locked in profits after yields declined to six-month lows on the back of Tokyo shares tumbling to a five-year low. Futures led the drop, with...

BOJ Shirakawa: cenbank steps must suit own economy

TOKYO, Oct 7 (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Tuesday each central bank should take monetary policy steps most effective for its own nation's economy. 'Policy coordination that would involve measures...

Global doctors must start agreeing a cure

AN experienced and very senior figure in global central banking, someone not given to alarmist observations about the customarily prosaic business of his profession, described the state of the world's financial system to me...