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December 5, 2007 |
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* Japanese Government Unveil Banks' Subprime Exposures According to the Financial Services Agency, Japanese banks' total exposures to U.S. subprime mortgage backed securities and derivatives totaled JPY1.33 trillion at the end of September, writes Toshio Aritake of the Bankruptcy Law Daily... Read More |
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* Upcoming Meetings, Conferences and Seminars December 5, 2007 Turnaround Management Association TMA/ACG Holiday Party Marriott Downtown, Orlando, Florida Telephone: 561-882-1331 Web site: http://www.turnaround.org/... Read More |
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ABSOLUTE CAPITAL: Large Investors May See Little Returns One of Absolute Capital Group Ltd.'s administrators, Tony McGrath, is optimistic the company will be able to find a buyer, Katherine Jimenez writes for The Australian... Read More |
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AGRICULTURAL BANK: Establishes Investment-Banking Department Agricultural Bank of China has established an investment-banking department and is seeking full cooperation with a foreign company, the Wall Street Journal reports... Read More |
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CUSTOMERS LIMITED: Hunter Hall Increases Stake to 18.87% Hunter Hall Investment Management Limited and its affiliates have increased its stakeholding in Customers Limited from 216,160,669 ordinary shares to 232,014,444 ordinary shares... Read More |
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GREENTOWN CHINA: Land Buys Cue S&P to Downgrade Rating to 'BB-' Standard & Poor's Ratings Services lowered its long-term corporate credit rating on Greentown China Holdings Ltd. to 'BB-' from 'BB'. The outlook is stable. At the same time, Standard & Poor's lowered the long-term debt ratings on the company's US$400... Read More |
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LOPRO CORP: Fitch Lowers Rating to B- with Negative Outlook Fitch Ratings has downgraded the Long- term foreign and local currency Issuer Default Ratings of Lopro Corporation to 'B-' from 'BB-'. Its Outlook remains Negative. Short-term foreign and local currency IDRs were affirmed at 'B'... Read More |
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MAZDA MOTOR: Planned Sales Consolidation Will Not Push Through Mazda Motor Corp.'s China unit has recently named its chief operating officer, Noriaki Yamada, as head of its marketing and sales in China, reports SinoCast China Transportation Watch... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
