Business news for Mon, 31 Dec 2007 & with word forecast. 5 news.

eMarketer is forecasting U.S. online ad spending to reach almost $28 billion in 2008--with the market buoyed by the presidential election and the Beijing Olympics, among other factors. That's up nearly 29% from this year.

Ccomputer and video games retailer Game Group said it expected its full-year profit to be ahead of an average market forecast

Reuters - British computer and video games retailer Game Group Plc said it expected its full-year profit to be ahead of an average market forecast after continued strong sales in the run-up to Christmas, boosting its shares.

The Bank of Japan is considering slashing the nation's economic growth forecast for the fiscal year to March to as low as 1.3 percent from its current 1.8 percent, the Mainichi Shimbun reported Sunday.

Battered sector braced for plunge in income with demand forecast to drop by up to 20pc.