International Business News - Central http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Japan's central bank on Tuesday unveiled measures to encourage cautious banks to lend more to companies, many of whom are struggling to raise enough money to carry them through the year-end crunch. http://www.ibtimes.com/articles/20081202/bank-of-japan-unveils-corporate-financing-steps.htm Tue, 02 Dec 2008 02:27:35 EST Japan's central bank will hold an unscheduled monetary policy meeting Tuesday afternoon to discuss ways to help companies raise money amid a pullback among lenders. http://www.ibtimes.com/articles/20081201/japan-central-bank-to-hold-extra-meeting-tuesday.htm Mon, 01 Dec 2008 07:02:56 EST Shares of Central Garden & Pet Co. soared Wednesday after the company's results beat Wall Street estimates for its fiscal fourth quarter. The garden and pet product company reported Wednesday that its loss widened to 20 cents per share for the quarter as the it recorded a charge to write down certain assets. Excluding the charge, the company earned 6 cents per share. http://www.ibtimes.com/articles/20081126/shares-of-central-garden-up-after-4q-tops-street.htm Wed, 26 Nov 2008 19:59:35 EST Central Garden & Pet Co. said Wednesday its fiscal fourth-quarter loss widened to $13.9 million as it recorded a $27.8 million charge to write down certain assets. http://www.ibtimes.com/articles/20081126/central-garden-pet-4q-loss-widens-to-13-9m.htm Wed, 26 Nov 2008 07:57:46 EST Japan's central bank kept its already low interest rates on hold Friday but warned of a prolonged economic slump at home and abroad. The Bank of Japan last month cut its benchmark rate to 0.3 percent from 0.5 percent, so expectations for another rate reduction so soon were low. The October rate cut also left Japan, which has the lowest interest rates among major economies, with very little wiggle room to loosen policy in the future. http://www.ibtimes.com/data/articleimgs/179349-japan-toyota.jpg http://www.ibtimes.com/articles/20081121/japans-central-bank-keeps-interest-rates-on-hold.htm http://www.ibtimes.com/articles/20081121/japans-central-bank-keeps-interest-rates-on-hold.htm Fri, 21 Nov 2008 00:50:38 EST Japan's central bank kept its already low interest rates on hold Friday amid further signs of rapidly deteriorating conditions at home and in the global economy. http://www.ibtimes.com/articles/20081120/japans-central-bank-keeps-interest-rates-on-hold.htm Thu, 20 Nov 2008 23:29:10 EST Central Vermont Public Service Corp. said Wednesday it has set a price of $19 per share for a public offering of nearly 1.2 million newly issued common shares. http://www.ibtimes.com/articles/20081119/central-vermont-utility-prices-stock-offering.htm Wed, 19 Nov 2008 17:37:42 EST Zimbabwe's central bank chief says ordinary Zimbabweans are to blame for the country's crippling inflation. Reserve Bank Governor Gideon Gono is quoted in The Sunday Mail, a state-owned newspaper, as saying inflation is due to what he calls a "collective failure as a nation" to produce enough, particularly food. He calls on Zimbabweans "to actively play a part in producing for the nation." http://www.ibtimes.com/articles/20081116/central-banker-zimbabweans-to-blame-for-inflation.htm Sun, 16 Nov 2008 03:56:44 EST The Bank of England and the Swiss National Bank continued their offers of U.S. dollars through overnight lending on Tuesday but reported that demand for the cash had tapered off, more evidence that short-term credit markets were loosening up. http://www.ibtimes.com/articles/20081104/european-central-banks-continue-dollar-cash-loans.htm Tue, 04 Nov 2008 09:40:27 EST The Bank of England and the Swiss National Bank on Monday continued their daily offers for overnight dollar loans, though demand for the money continued to wane--an indication that short-term bottlenecks in crisis-stricken credit markets are easing further. http://www.ibtimes.com/articles/20081103/europes-central-banks-continue-liquidity-offers.htm Mon, 03 Nov 2008 06:45:53 EST India's central bank on Saturday cut the nation's key interest rate by a half point to 7.5 percent and slashed the cash reserve ratio, saying additional liquidity is needed to fuel growth in the face of a brewing global recession. http://www.ibtimes.com/articles/20081101/india-central-bank-cuts-interest-rate-half-point.htm Sat, 01 Nov 2008 11:28:06 EDT The Bank of Japan cut its key interest rate on Friday for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis. http://www.ibtimes.com/data/articleimgs/164255-japan-central-bank.jpg http://www.ibtimes.com/articles/20081031/reports-japans-central-bank-cuts-interest-rate.htm http://www.ibtimes.com/articles/20081031/reports-japans-central-bank-cuts-interest-rate.htm Fri, 31 Oct 2008 05:59:04 EDT Demand for European central banks' daily offer of U.S. dollar loans has continued to slacken Thursday, an indication that logjams in credit markets are easing. http://www.ibtimes.com/articles/20081030/europe-central-banks-see-less-demand-for-liquidity.htm Thu, 30 Oct 2008 08:38:43 EDT When Japan's central bank meets Friday, it will face mounting investor pressure to cut interest rates for the first time since 2001. Despite the global financial crisis, a faltering domestic economy and extreme market volatility, the Bank of Japan has so far left monetary policy untouched even as central banks around the world lower rates. http://www.ibtimes.com/articles/20081030/bank-of-japan-facing-growing-rate-cut-expectations.htm Thu, 30 Oct 2008 03:14:10 EDT Central European Media Enterprises Ltd. said Wednesday it anticipates full-year revenue will come in below Wall Street's expectations. The Bermuda-based broadcast network operator predicts 2008 revenue of $1.04 billion, while analysts polled by Thomson Reuters forecast sales of $1.1 billion. http://www.ibtimes.com/articles/20081029/central-european-media-gives-2008-revenue-outlook.htm Wed, 29 Oct 2008 12:58:24 EDT Central European Media Enterprises Ltd. said Wednesday its third-quarter loss narrowed on lower corporate operating costs and a foreign currency exchange gain. http://www.ibtimes.com/articles/20081029/central-european-media-3rd-quarter-loss-narrows.htm Wed, 29 Oct 2008 12:56:06 EDT The Bank of England and the Swiss National Bank both offered more overnight dollar loans to banks on Wednesday to help ease credit bottlenecks, but again found bids for only a fraction of the offer. http://www.ibtimes.com/articles/20081029/european-central-banks-offer-more-overnight-money.htm Wed, 29 Oct 2008 09:21:55 EDT Switzerland's central bank said Wednesday that it is pumping Swiss francs into the money markets to meet high demand for the currency. Banks will be able to swap euros for francs on a three-month basis, the Swiss National Bank said. http://www.ibtimes.com/articles/20081029/swiss-national-bank-offers-francs-for-euros.htm Wed, 29 Oct 2008 06:33:42 EDT Indonesia's former central bank governor was sentenced Wednesday to five years in jail and fined $22,500 in connection with an $11 million corruption case--the latest in a string of scandals to hit the bank. http://www.ibtimes.com/data/articleimgs/162265-indonesia-central-bank.jpg http://www.ibtimes.com/articles/20081029/indonesias-ex-central-bank-chief-guilty-of-graft.htm http://www.ibtimes.com/articles/20081029/indonesias-ex-central-bank-chief-guilty-of-graft.htm Wed, 29 Oct 2008 08:53:18 EDT The Bank of England and the Swiss National Bank both offered more overnight dollar liquidity to banks on Tuesday, but there was less demand for the cash than in recent weeks--suggesting credit bottlenecks created by the financial crisis are easing. http://www.ibtimes.com/articles/20081028/european-central-banks-offer-more-overnight-money.htm Tue, 28 Oct 2008 07:15:05 EDT