Worrall Sees Consolidation Pressures for Japan Exporters
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- Bloomberg
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Worrall Sees Consolidation Pressures for Japan Exporters
Stefan Worrall, vice president of Japan equity sales at Credit Suisse Group, talks with Bloomberg's Bernard Lo from Tokyo about the Bank of Japan's interest rate cut and its impact on the nation's banks and real estate market, the outlook for the yen and Japanese exporters. Governor Masaaki Shirakawa and his board last Friday cut the key overnight lending rate by 20 basis points to 0.3 percent, abandoning a two-year struggle to raise the lowest borrowing costs among major economies. (Source: Bloomberg)
Bloomberg | November 4, 2008
