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JAPANESE MORNING NEWSPAPER HIGHLIGHTS - APRIL 1, 2003.
TOKYO, April 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today:
- Sliding Shares Hammer Banks, Life Insurers At Year-End
- Bank of Kansai Eyes Merger With Kansai Sawayaka Bank
- Fujitsu, AMD To Merge Flash Memory Ops Into World 2nd Largest Player
- Sales Of Life Insurance For Individuals Drop For 2nd Yr In Row
- Deposit Insurance Corp To Cut ...
- Fujitsu and AMD merge flash memory operations.
- News wire article from: Asia Africa Intelligence Wire April 1, 2003 700+ words
(From CMPnetAsia.com) Byline: EBN team Fujitsu and Advanced Micro Devices on Monday said they would combine their flash memory operations into a new company based in California, USA. The companies announced they have executed a memorandum of understanding (MOU) to establish FASL LLC. In addition, a
- US card industry challenged by lawmakers.
- News wire article from: Europe Intelligence Wire February 28, 2007 700+ words
...are excessive, and that information given to consumers is confusing. According to research from US bank advisory firm RK Hammer, banks were expected to collect a record $17.1 billion in credit card penalty fees in 2006, a rise of 15.5 percent from 2004...
- Thailand: Higher interest rates expected to dampen bank earnings.
- News wire article from: Thai Press Reports February 14, 2006 700+ words
...early 2004, boosting the interest spread as well as net profit. The report said stronger competition and taxation would hammer banks' net profit in the near future. Over the past five years, banks have received tax waivers as they retained losses after...
- Leery lenders feeling exposed on speculative loans.(BANKING & FINANCE...
- Magazine article from: Los Angeles Business Journal Berry, Kate June 26, 2006 700+ words
...than in the 1980s, a sign that could spell trouble for some banks in Southern California. Rising interest rates typically hammer banks that are top-heavy with residential real estate loans. Many banks have diversified into commercial loans as a critical...
Source: HighBeam Research, JAPANESE MORNING NEWSPAPER HIGHLIGHTS - APRIL 1, 2003.