Commercial banks better prepared to take credit risks
... Commercial banks were better prepared to take risks associated with credit exposure in 2008-09 despite global financial meltdown, as their average capital adequacy ratio grew by 1.13 percentage points over the previous year, a study has found. ... [full article
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27,000 jobs to go at NEC and Hitachi
... NEC and Hitachi, the Japanese electronics makers, will between them cut at least 27,000 jobs worldwide to try to counter falling demand and plummeting prices. ... [full article
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