Bank of Japan expands collateral for loans

Date: Tue, 07 Apr 2009 12:01:15 -0400

Bank of Japan expands collateral for loans

The Bank of Japan's policy board takes additional measures to help the
flagging economy, expanding collateral that can be used for loans but
warning that economic conditions will continue to deteriorate.

EARNINGS OUTLOOK: ALCOA SEEN KICKING OFF EARNINGS WITH BIG LOSS

Aluminum giant Alcoa Inc. on Tuesday will be the first Dow component
to deliver quarterly results this earnings season, with Wall Street
girding for another big loss as a precursor to what's expected to be a
tough slew of corporate reports.

THE FED: PANIC TEARS AT THE HEART OF THE SYSTEM, WARSH SAYS

Economic policymakers have had to act forcefully to stem the Panic of
2008, but it's not always clear whether their actions have helped or
hurt, a top Federal Reserve official says.

ECONOMIC REPORT: EURO ZONE'S FOURTH-QUARTER CONTRACTION WORSE THAN THOUGHT

The euro-zone economy's record contraction in the final three months
of 2008 runs deeper than previously thought, statistics agency
Eurostat says.