Japan Scrambles to Stabilize Economy Amid Post-Quake Sell-Off,
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Officials scrambled to shore up the Japanese financial system as stock prices tumbled Monday amid fears about the impact of Friday's earthquake and tsunami.Some experts say Friday's double blow,
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The central bank said Monday it is injecting a record $183 billion into money markets to try to stabilize the economy after share prices fell by more than 4.5 percent on the first day of trading after the quake. The sell-off hit virtually all sectors of the economy,
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Hundreds of factories across Japan, including carmakers Toyota and Nissan,
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A U.S.-based consulting group,
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The Bank of Japan said Monday it will inject $86 billion into the financial system to help stabilize the country's export-led economy.The 1995 earthquake in Kobe was one of the world's most expensive natural disasters. It killed more than 6,000 people and caused more than $132 billion worth of damage.
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