To feel a little under the weather
Zombie firms on the march as rate hikes near: BIS
[Article] Les entreprises fragiles dites "zombies", que seule la baisse des taux d'intérêt a permis de continuer leur activité, sont menacées par la hausse des taux.
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Zombie firms on the march as rate hikes near: BIS.Zurich (AFP) - International markets have been buoyant in recent months as easy money policies won an additional reprieve, but a rise in so-called zombie firms shows a rise in interest rates could turn into a nightmare.In its latest quarterly economic...
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Despite the ultra-low interest rates "a growing share of firms face interest expenses exceeding earnings before interest and taxes -- so-called 'zombie' firms", the Bank for International Settlements warned © AFP/File ROSLAN RAHMAN