Interest Rate
198 Stories
Forrester slices 2009 IT spending projection
News IT spending in the U.S. this year is expected to nearly double previous forecasts, while next year's projections are virtually cut in half, according to Forrester Research.
Tags: Budgeting/cost control, Forrester Research Inc., Mobile, IT-spending, research analyst, CIO, interest rate, software, News.com, U.S.
EdgeMatrix slashes jobs
News EdgeMatrix Pte Ltd has confirmed axing over 60 percent of its workforce this week.
Tech stocks move up on reasonable valuation
News Technology stocks here closed on an upward trend today, driven particularly by rising confidence on Nasdaq which gained four percent yesterday.
Tech stocks ride high in anticipation of interest rate cut
News Cisco, Amazon, Comcast, and other tech stocks surge on market rally. Dow posts gain of nearly 900 points.
Tags: Business applications, Processors, Legal, Gain, Cisco Systems Inc., Nasdaq Stock Market Inc., Stock, Amazon.com Inc., Comcast Corp., interest rate
Tech stocks and broader markets edge downward
News Wednesday marks sixth-consecutive trading day of losses--despite efforts by the Federal Reserve and other central banks to instill confidence on Wall Street.
Tags: Legal, Financial, Yahoo! Inc., Stock, Federal Reserve Board, Comcast Corp., interest rate, DJIA, bank, CNET Networks Inc.
SingTel taps on Sungard
News Singapore-based telco SingTel has selected SunGard's AvantGard financial management software both its local and Australian operations.
Tags: Accounting
Short Take: PCCW might pay more on US$4.7b loan
News Pacific Century CyberWorks may have to pay more interest on a US$4.7 billion loan from banks concerned about their exposure to telecommunications companies, the Hong Kong Economic Times reported, citing unidentified bankers.
Local tech players dip on US fears
News The so-called technology counters dipped at the close of the trading day today, a situation one analyst said was largely driven by developments in the United States.
Company seeks US$449 million in loans to buy Philips units
News Yageo, the world's largest maker of electronic resisters and capacitors, said today it will raise US$449 million from loans to help finance its purchase of two units of Royal Philips Electronics, Europe's top consumer electronics maker.
Daim: Pension Fund expected Time shares to be oversubscribed
News Finance Minister Tun Daim Zainuddin said Tuesday that the Kumpulan Wang Amanah Pencen (Pension Fund) became the sub-underwriter for Time dotcom Bhd's initial public offering as it expected the shares to be oversubscribed.
STI breaks 1,980. Next stop 2,000?
News The local bourse closed the morning session 72 points higher at 1,982.49 following easing concerns over US interest rate hikes. Gainers led losers 322 to 28.
The holidays could gift wrap nice gains for investors
News A surge in e-commerce is expected to be the dominant story for investors during the final quarter of the 20th century, tempered by fears of the Y2K bug and a possible hike in interest rates.
Net firms get creative to keep coffers full
News
CyberWorks says it will repay US$417m bank loan
News Pacific Century CyberWorks Ltd. said it will repay a HK$3.25 billion (US$416.7 million) syndicated loan after failing to come to terms with lenders to extend it.
CyberWorks and banks in final talks on US$4.7b loan
News Pacific Century CyberWorks Ltd, Hong Kong's largest Internet company, is in the final stages of borrowing US$4.7 billion, as banks haggle over the interest fees they will be paid, an arranger said.
