Japanese output slumps

JAPANESE - Industrial production in the world's second largest economy slumped by a worse-than-expected 2.9% in September following last month's attacks on the US.

Economics minister Heizo Takenaka admitted on Friday that the country's growth rate would be well below the government target of 1.7%.

Meanwhile the Bank of Japan's has left monetary policy unchanged, keeping its key lending rate at 0.1%, the level set at its 18 September meeting.

Coupled with other monetary measures, this is effectiv

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