Bloomberg The Bank of Japan (BOJ) cut bond purchases for the first time in two months, surprising traders as local markets approach a 10-day shutdown for this year’s extended Golden Week holidays. The central bank offered to buy 160 billion yen ($1.4 billion) of securities maturing in the 10-to-25 year zone at regular operation, versus 180 billion yen previously. It ...

Bloomberg Jet Airways India Ltd, the second local carrier to ground its entire fleet in the past decade, is casting a shadow on India’s booming aviation sector. Once the nation’s biggest airline by market value, Jet Airways’ shares nosedived by a record 31 percent in Mumbai after saying it would suspend operations on a “temporary” basis as it ran out ...

Bloomberg Boeing is working through the final steps before asking US regulators to review an update for anti-stall software linked to two fatal 737 Max accidents, an early milestone to lifting a global grounding of its best-selling jet. But there are many steps in the Federal Aviation Administration’s (FAA) assessment of the proposed fix, and that process could stretch well ...