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Bank Exposure To ABCP Is Manageable For Majority of Banks

added: 10-09-2007

Fitch Ratings said in a new report that while a number of banks have varying degrees of exposure to ABCP (asset-backed commercial paper) programmes, Fitch believes that for the majority of institutions, potential exposures are manageable, both from a funding and a capital perspective.

Improving Investment Climate in Africa Presents Growth Opportunities in the Business Telephony Market

added: 08-09-2007

Investments by government and government-aided organisations, contact centre service providers and the primary sector are stimulating growth in the African business telephony market. In particular, multinational aid and international loans have helped governments finance secondary and tertiary sectors in the continent, creating a market for business telephony.

OECD Composite Leading Indicators Signal a Moderating Outlook for most Major Global Economies

added: 07-09-2007

The latest composite leading indicators (CLIs) suggest that some moderation in economic expansion lies ahead in the OECD area. July 2007 data show weakening performance in the CLI’s six month rate of change in all the major seven economies. The latest data for major OECD non-member economies point to moderating expansion in China and Brazil, but an improved outlook for India and Russia.

Economic prospects losing buoyancy, risks becoming more ominous, says OECD’s Cotis

added: 05-09-2007

Economic prospects in the US, Europe and Japan have become less buoyant and more uncertain, said OECD chief economist Jean-Philippe Cotis. US growth is likely to be weighed by a weaker housing sector while activity in the Euro area and Japan should pick up after the second quarter slowdown. Central banks should avoid bailing out excessive financial risk-taking, he added.

Economic Freedom Is 'Contagious'

added: 05-09-2007

Economic freedom in one country can spread to another and when neighboring countries implement simultaneous reforms to encourage economic freedom the impact is broader, according to the Economic Freedom of the World: 2007 Annual Report, released by the Cato Institute in conjunction with Canada's Fraser Institute.

DVR Sales Up, DVD Player Sales Down

added: 05-09-2007

DVD player unit sales fell to 124.8 million worldwide in 2006 from 126.4 million in 2005, according to In-Stat's "Next-Generation DVD Players and Recorders Worldwide" report.

Annual inflation in the OECD area eased to 2.0% year-on-year in July 2007

added: 04-09-2007

Consumer price inflation in the OECD area fell to 2.0% in the year to July 2007 from 2.2% in the year to June 2007. On a monthly basis, the price level remained stable in July after a 0.1% increase between May and June 2007.

Focus on Technology and Process Economics Key to the Growth of the Global Nanocomposites Market

added: 04-09-2007

Nanocomposites are at an interesting stage in their product life cycle, moving from innovation to the growth phase. The resolution of existing technical and economic challenges over the medium- to long-term will accelerate market expansion.

July Chip Sales Grew by 2.2 Percent From 2006

added: 04-09-2007

Worldwide sales of semiconductors increased in July, growing to $20.6 billion, an increase of 2.2 percent over July 2006 and an increase of 3.2 percent from June of this year, the Semiconductor Industry Association (SIA) reported. In July 2006 global microchip sales were $20.1 billion, and in June 2007 total sales amounted to $20 billion. Growth was mainly attributable to increases in sales of microprocessors, MOS logic devices, and NAND flash memory products.

Minimal US Sub-prime Mortgage Exposure Impact for European Insurers' Ratings

added: 04-09-2007

Fitch Ratings says the European insurance industry's risk from various US sub-prime mortgage exposures is minimal based on the agency's analysis of data surveys and various public and non-public disclosures. Consequently, Fitch does not expect to take negative rating actions on any European insurers due to US sub-prime-related credit issues for the remainder of 2007.

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