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Reuters: Japan Inc forced to tap banks

Started by chris, December 08, 2008, 08:59:18 AM

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chris

Japan Inc forced to tap banks
      


HONG KONG (Reuters) - Japan's commercial paper market shrank at its fastest pace in two years in November as the global credit crunch squeezed companies' access to debt, forcing them to turn to bank lending, while Australia doled out cash to keep its consumers spending.<div class="feedflare">
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