Newspaper companies have been skipping loan payments, missing financial targets in debt agreements and accepting higher interest rates in exchange for more flexibility — and they're not even directly feeling the impact of the credit crisis yet.
interest ratesLiquidation unlikely as papers miss obligationsNewsvine - business Sun, 10/12/2008 - 13:53
Newspaper companies have been skipping loan payments, missing financial targets in debt agreements and accepting higher interest rates in exchange for more flexibility — and they're not even directly feeling the impact of the credit crisis yet. 3 Asian central banks slash interest ratesNewsvine - business Thu, 10/09/2008 - 03:01
South Korea, Taiwan and Hong Kong all slashed interest rates Thursday, joining in a chorus of cuts by central banks around the world aimed at fighting the global financial crisis. Fed, in emergency move, will lend to companiesNewsvine - business Tue, 10/07/2008 - 21:13
Frantically trying to stop the bleeding on Wall Street, the Federal Reserve took a first-time step Tuesday to get cash directly to businesses and hinted that interest rates could come down soon. Saying Outlook Has Worsened, Bernanke Hints at CutNYT > Business Tue, 10/07/2008 - 13:16
In an address that was at once sobering but hopeful, the Fed chief hinted strongly that the Fed would lower interest rates at its meeting this month. Tags:
Inflation eases, but Fed's Bullard concerned with cutting intere...Topix - Business News Fri, 10/03/2008 - 15:12
Although the Labor Department's last report indicated an easing of inflation to 5.4% and a research group said on Thursday that September inflation pressures fell to a more than six-year low, a Fed president thinks lowering interest rates is not the answer right now. Your Money: A Bill Encouraging to Distressed Homeowners, but Its...NYT > Business Mon, 09/29/2008 - 00:23
The bailout package should ease tight credit and hold down interest rates. But it does not go as far as some Democrats would have liked in helping distressed homeowners. Fed hangs tough by holding rates steadyMSNBC.com: Business Tue, 09/16/2008 - 16:19
Despite pressure from the financial markets to cut interest rates, Fed Chairman Ben Bernanke sent a strong signal that he is hanging tough by keeping rates just where they are. As Economy Slows, China Eases Monetary PolicyNYT > Business Mon, 09/15/2008 - 20:06
China abruptly reversed course on monetary policy, cutting interest rates and easing lending restrictions. European Banks Leave Key Rates UnchangedNYT > Business Thu, 09/04/2008 - 08:07
Both the European Central Bank and the Bank of England kept their key interest rates unchanged Thursday amid concerns of high inflation and a slowing economy. Bank of England to announce rate decisionNewsvine - business Thu, 09/04/2008 - 04:37
The Bank of England is expected to keep interest rates steady at 5 percent despite a looming recession when it announces its monthly decision later Thursday. |