Friday, August 17, 2007 6:23 pm | 
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BOJ injects 1.2 trillion yen into banking system
Japan’s central bank said Friday it would inject emergency funds of 1.2 trillion yen (10.5 billion dollars) into the financial system after fears of a credit squeeze wreaked fresh havoc on global markets.
[AFP]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
