A massive 8.9 magnitude quake hit the northeast coast of Japan on Friday, shaking buildings in the capital Tokyo, causing many injuries, at least one fire and triggering a 10-metre (32.81 feet) tsunami.
Nikkei average closed down 1.7% at 10,254.43 points after the earthquake struck. India Tsunami Centre says there are no local alerts yet in wake of Japanese quake.
Meanwhile, Bank of Japan (BoJ) has assured that it will do whatever is required to ensure the financial market stability. It has vowed to supply adequate liquidity to the markets.
BoJ also informed that interbank system has been unaffected by quake. The central bank has set up disaster control team, headed by governor Shirakawa.
Meanwhile, Bank of Japan (BoJ) has assured that it will do whatever is required to ensure the financial market stability. It has vowed to supply adequate liquidity to the markets.
BoJ also informed that interbank system has been unaffected by quake. The central bank has set up disaster control team, headed by governor Shirakawa.
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