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Layoffs mount as crisis drags on
SINGAPORE (Reuters) - Credit Suisse and Nomura Holdings announced big job cuts on Thursday, further evidence the global financial crisis is unrelenting for an industry battered by heavy losses and weak markets.
Reuters

Job recovery could be slow and weak
In the midst of a recession, huge job losses are expected to continue for at least several more months. But what really worries economists is that the job market could be slow to recover even when the economy begins to improve.
CNN Money

UPDATE 2-Citi names new Asia private equity banking head
(Adds league table data, background, Gammons bio, byline)
Reuters

Market Shakes Off MidDay Decline to Close Higher
It was another volatile session, very similar to yesterday, except for the late afternoon rally...
mrswing.com

wednesday update
SHORT TERM: market rallies for 7th of the last 8 days, DOW 173 Overnight the Asian...
Mr. Swing

Asia Ends Mixed; Nikkei Falls 1%
Asian markets finished mixed. Export stocks dragged Tokyo 1% lower, but Shanghai rose 1.8% on strength in the banking sector.
Wall Street Journal

Freeport-McMoran: Cuts Production; Suspends Dividend
Greg Feirman submits: We are responding aggressively to the current market conditions which have weakened dramatically in recent weeks. These revisions to our plans will allow us to reduce operating costs and capital spending, adjust our production profile to better match market requirements and preserve our valuable resources for anticipated improved market conditions. - James Moffett, chairman, and Richard Adkerson, CEO, Freeport McMoranComplete Story »
Seeking Alpha

IDC forecasts slower PC growth how bad will it be
IDC, a provider of market intelligence for the information technology,...
Mr. Swing

Even Google Gets Frugal in the Recession
Facing a slumping ad market, the king of search now searches within -- for savings.
Time

Forex Market Update: Swiss Franc Crosses Pare Gains, Driven by Risk Aversion (Update)
The Swiss franc firmed up in to the European session, with gains coming against the euro and sterling ahead of today's key rate decisions from the BoE...
Daily FX

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Updating news archive




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Archived "business - equity markets" news stories.

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November 2009
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September 2009
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