Word: furthers
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Shares of Japan's top three mega-banks - so recently perceived as impervious to the subprime-sparked crisis - tumbled along with it, in what is now the biggest decline in bank shares in 21 years and the latest sign that the global economic crisis is spreading further into Japan's...
News that Japan's three biggest financial institutions - which have all recently invested in foreign financial institutions - were considering selling new shares to shore up their [working capital] triggered the decline. The move would dilute banks' earnings per-share, compounding investor worry that the appreciation of the yen will further...
"Equity market declines are having a negative impact on the capital adequacy ratio of major banks," says Shinichi Ina, bank analyst at Credit Suisse Japan. "It will get worse in the short term because the other sectors are in severe situations, making it difficult for banks as lending amounts shrink...
Some of Cambridge’s most vulnerable populations—the mentally ill and the elderly—will soon face a dramatic reduction in health services as a result of major budget cuts to the Cambridge Health Alliance, Dennis D. Keefe, the Alliance’s CEO, told...
Perhaps most importantly, Sustainability Week was about actions, not just words. The event marked the official unveiling of Harvard’s new Office for Sustainability (successor to the Harvard Green Campus Initiative), which will be charged with making good on Harvard’s promise to reduce greenhouse gas...