TOKYO: The Bank of Japan injected 2.5 trillion yen (US$24 billion) into markets Tuesday as Japan scrambled to calm fears about a financial crisis after U.S. investment bank Lehman Brothers filed for bankruptcy.
Financial Services Minister Toshimitsu Motegi sought to allay fears by saying the impact on Japanese financial institutions was limited.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!