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January 8th

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    Related Financial News

    BoJ starts loan program - Straits Times

    TOKYO - THE Bank of Japan said on Thursday it will provide 1.22 trillion yen (S$19 billion) in emergency loans to financial institutions as part of a new programme to spur lending to the country's businesses. Japan is mired in a recession with little ...

    Pink slip pile higher as companies slash costs to cope with recession - Grand Forks Herald

    Pink slips are piling higher as companies scramble to cut costs even deeper to survive the country's economic and financial storms. Just days into the new year, managed care provider Cigna Corp., aluminum producer Alcoa Inc., data-storage company EMC ...

    UPDATE 1-SMFG brings total fundraising to 700 bln yen - Forbes

    TOKYO, Jan 8 (Reuters) - Sumitomo Mitsui Financial Group , Japan's third-largest bank, said it will raise an additional 160.7 billion yen ($1.7 billion) by issuing preferred securities, bringing its total to just under 700 billion yen. The issue of ...

    India vows to end fraud as Satyam scandal rocks - Reuters

    HYDERABAD, India (Reuters) - India vowed to strengthen laws to prevent corporate fraud after Satyam Computer, the country's fourth-largest software company, shocked investors by revealing profits had been falsely inflated for years. Chairman ...

    Springsteen to perform at Obama's welcome week event - Newstrack India

    New Delhi, Jan 8 (IANS) Rock star Bruce Springsteen is set to join music legend Aretha Franklin in welcoming President Barack Obama to the White House in Washington later this month. While Franklin will be among the stars performing at Obama's ...

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