TOKYO - THE Bank of Japan said it injected one trillion yen (S$13.7 billion) into the financial system on Thursday as it tries to keep cash flowing during the ongoing global financial crisis.

It marked the 12th straight business day that the Bank of Japan has pumped money into the Tokyo market, part of efforts by the world's central banks to ensure that liquidity vital to the markets does not dry up.

The central bank made the injection shortly before the US Senate approved a closely watched bailout plan for Wall Street. -- AFP