The leaders said they want to allow banks to keep some assets valued as if they'd be held until maturity, instead of having to review their value each quarter...
SEOUL, Sept 18 - South Korea's central bank chief said on Friday that a national credit crunch sparked by the global financial crisis had eased significantly. "With bank lending steadily rising and M2 growth rates...
LONDON, May 18 - The credit crunch, sinking commodity prices and regulatory concerns has sparked the first retreat in global over-the-counter derivatives since records began a decade ago, the Bank of International Settlements said on...
WASHINGTON, Feb 11 - Global credit markets are unlikely to revive as long as the U.S. government continues to dangle the vague prospect of a toxic asset purchase plan in front of distressed banks, some...
BOSTON, Nov 10 - The global credit crunch and easing oil prices may take some of the immediate wind out of the sails for investing in green energy, a major growth initiative for General Electric...
BOSTON, Nov 10 - The global credit crunch and easing oil prices may take some of the immediate wind out of the sails for investing in green energy, a major growth initiative for General Electric...
Mass production of Africa's first all-electric car "Joule" is intended to start at the end of 2010, but raising 100 million euros ($130.6 million) to build an assembly plant amid a global credit crisis could cause delays, the chief executive of Optimal Energy said on Thursday...
Evidence is mounting that the credit crunch is obstructing global trade. The drumbeats began in August when two South Korean shipbuilders canceled orders because buyers weren't able to produce initial payments. Then the Baltic Dry...
SINGAPORE, Oct 21 - Some Asian power plant projects will be scrapped and many delayed due to tighter financing in response to the global crisis, as it takes longer to close deals, industry officials and...
* Some projects to be deferred if credit crunch does not ease * IOC to increase storage to take more high-sulphur crude oil * IOC eyes first acidic crude import soon NEW DELHI, Oct 14...