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Bank of Japan leaves key interest rate unchanged
Bank of Japan leaves key interest rate unchanged

The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets. Japanese central bank officials said borrowing costs would be left at 0.25 percent, a policy decision widely predicted after the fallout from the previous hike.

Asian markets track Wall Street record to extend global rally
Asian markets track Wall Street record to extend global rally

Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus turns to the Bank of Japan policy decision later in the day. With the Fed now out the way, attention turns to the Bank of Japan as it winds up its own policy meeting.

Strike shows challenge to Boeing 'reset' of labor relations
Strike shows challenge to Boeing 'reset' of labor relations

In his first day at Boeing, Kelly Ortberg visited the factory floor to speak with workers on the 737 MAX program, part of the new CEO's effort to "reset" labor relations. "Boeing is going to have to raise its offer and the workers are going to have to lower their expectations," said Cornell University labor relations expert Harry Katz.

Japan inflation firms to 2.8% ahead of BoJ rate decision
Japan inflation firms to 2.8% ahead of BoJ rate decision

Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged. Later Friday the BoJ was forecast to leave its benchmark interest rate unchanged, with all 53 economists polled by Bloomberg News predicting that borrowing costs will be left at 0.25 percent.