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Maybank inks rehiring pact
Bank will also end the practice of cutting the pay of workers when they turn 60. -ST
 
 
Nokia to cut 330 jobs
Company wants to streamline of R&D operations. -AFP
JAL hit by report of $1 bln derivatives charge
Shares drop 3 percent to record closing low of 95 yen. -Reuters
S'pore shares edges up at close
STI was up 0.10 per cent. -AFP
Asian shares mostly lower
Nikkei closed 0.54 lower; Hang Seng was down 0.83%. -AFP
GM Daewoo says mini cars to hit European market
It will export 20,000 units to Europe by the end of the year. -AFP
Japanese shares close down
Nikkei lost 51.79 points to 9,497.68. -AFP
Japan passes debt relief bill in lower house
Lenders are "strongly encouraged" to give firms more time to repay debt. -AFP
Deflation major issue for Japan
The recent price falls are not right and worrisome. -AFP
STI higher at midday
Straits Times Index up 7.53 points at 2,766.32. -ST
US lawmakers threaten sanctions on China over currency
Potential first step that could lead to significant, US-imposed tariffs on imports from China. -AFP
Oil prices up
Oil climbed 18 cents to US$77.64 a barrel. -AFP
Sony slides to 4-mth low
New business strategy failed to convince investors it could deliver strong profit growth. -Reuters
Geithner, under fire, defends AIG bailout
He also urged swift reform to safeguard the economy from the failure of big financial firms. -Reuters
Cathay Pacific CEO sees recovery in premium travel
There is recovery in premium travel which is largely seasonal.
STI opens higher
Straits Times Index down 0.96 points at 2,757.83. -ST
Sectoral gains push s'pore out of recession
Manufacturing registered an impressive 26.6% growth and services 11% in the third quarter. -myp
Japanese shares open lower
Nikkei fell 0.82 per cent in the first minutes. -AFP
AP lays off 90 to reach payroll reduction target
The AP reported that as of April some 180 newspapers had threatened to leave. -AFP
AOL to shed 2,500 jobs
The cuts are part of a plan to save $412 million�at AOL. -AFP
Playboy's bunny more alluring than playmates
Playboy's brand image, properly deployed, promises lots of cash to the right buyer. -Reuters
Wall Street hit by tech sector jitters, global outlook
Sentiment has soured around the globe. -AFP
Goldman Sachs makes 272 managing directors
Promotions due to take effect on Jan. 1. -Reuters
Survey: US workers set to seek new jobs in 2010
Sixty per cent of employees polled 'intend to leave' their jobs. -Reuters
Bank of America marketing $639 mln Fortress CMBS
The new bond will be backed by properties owned by Fortress Investment Group. -Reuters
Oil falls more than $2 on equities, dollar
Warm US weather; high inventories weigh on oil. -Reuters
Geithner confident China will let yuan rise
This remark came after Obama expressed worry about China's low currency rate. -AFP
Wall Street firms dip toe back in to talent pool
Executives planning to add employees this year. -Reuters
ABN AMRO needs 3b euro
Asset sale to Deutsche Bank is worth 700 mil euros. -Reuters
Indian billionaires double
India is back up to 52 from 27 in 2008 on Forbes rich list. -AFP
World economy bounces back
But OECD warns that debt 'rot' must stop. -AFP
 
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