The Bank of Japan (BOJ) said Monday it will provide dollar funds for 40 Japanese and foreign financial institutions through auction as part of six major central banks’ coordinated action to regulate the market in short-term finance between banks and other financial institutions.
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Japan’s central bank to provide dollar funds for 40 financial institutions
Posted by financialbriefs on September 23, 2008
Posted in Asia, Markets, News | Leave a Comment »
Asian Stocks Fall, Snapping Two-Day Rally; Samsung, Banks Drop
Posted by financialbriefs on September 23, 2008
Asian stocks fell after oil jumped and on concern the U.S. government’s plan to buy financial companies’ bad mortgage assets will fail to prevent a recession.
Posted in Asia, Economy, Markets, News, Stocks | Leave a Comment »
