Emergency rate cut revives talk of

January 28th, 2008

An emergency U.S. interest rate cut last week rekindled perceptions the Federal Reserve has a bias to protect the stock market, and a French bank trading scandal has made matters worse.
Deep losses in stock markets around the world last Monday spurred the U.S. central bank into making its biggest rate cut in more […]

Filed under: finance, news, term by Forest
Comments Off

Maturing LCD makers focus on stability, profits

January 25th, 2008

Asian LCD makers who have bet big on flat screen TVs are starting to see returns as the booming sector matures, but only a handful of companies with strong brand clients or exposure to the most advanced TV panels will see a significant profit boost.
Well-planned investments and better inventory management are helping to stabilize […]

Filed under: management by Forest
Comments Off

Crisil warns banks of retail loan defaults

January 8th, 2008

Crisil, the credit rating agency, today said banks should brace for payment defaults on their retail loans because of their exposure to high-risk customers and rising interest rates.
Gross non-performing assets (NPAs) on these advances are forecast to rise to over 4 per cent over the next two years from 2.7 per cent as of March […]

Filed under: banks, business, finance, loans, mortgage by Forest
Comments Off