The Latest Breaking News from the Bank of Japan

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.

Shares are mixed in Asia as world markets gear up for the Federal Reserve's most anticipated meeting in years

After Monday's collapse that saw trillions of dollars wiped off valuations globally, traders returned to pick up bargains on Tuesday, with Japan's Nikkei bouncing back from a 12.4 percent loss to enjoy a gain of more than 10 percent.

Asian stocks rose again Wednesday as some stability returned after a volatile start to the week, though Tokyo saw more big swings and the yen weakened further as analysts warned more upheaval could be in store.

Financial experts explain the Japanese yen carry trade, a Wall Street favorite that’s beginning to unwind.

The $6.4T meltdown in global equity markets in recent days is more reflective of a wind-down of yen carry trades used by investors to leverage their bets than a shift in the U.S. economic outlook. There's more to come as this trade continues to unwind, especially if you consider that…

The discussion over the early August global stock market selloff has grown louder, with most of the voices repeating tired phrases at the top of their voice.

Tokyo, which suffered a record loss Monday, led the gains, soaring more than 10 percent as traders bought beaten-down stocks caught up in a catastrophic day for markets.

Tokyo's key Nikkei index closed more than 10 percent higher Tuesday, bouncing back from a record selloff the previous day on worries over the US economy and a stronger yen.