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China stock index off 0.6 pct, outperforms region - Forbes
SHANGHAI, Feb 11 (Reuters) - China&os;s main stock index fell in hectic trade on Wednesday, dragged down by weak bank shares, as investors took profits from this year&os;s 24 percent rally. But most stocks rose, and the Chinese market once again ...
Feed Digest

Commonwealth Bank Profit Rises; Warns on Dividend
Commonwealth Bank of Australia booked a sharp jump in bad debts, and warned investors it can't guarantee the level of future dividend payments as economic conditions continue to worsen.
Wall Street Journal

Stocks Drop, Treasuries Advance on Skepticism About U.S. Bank-Rescue Plan
U.S. stocks fell, sending the Standard & Poora s 500 Index to its biggest drop since Barack Obama a s inauguration, while Treasuries rallied and the dollar rose on skepticism that the governmenta s bank rescue ...
topix.net

Jobcentres given new mission to save the middle-class jobless
An overhaul of unemployment services to cope with the rapidly rising numbers of out-of-work professionals has been ordered by ministers as the jobless total hits two million. White-collar workers...
Big News Network

Government stimulus gives China car sales surprise boost
Chinese vehicle sales grew unexpectedly strongly last month as consumers reacted to government efforts to stimulate car purchases; sales of cars and light commercial vehicles rose to 610,000 in January
FT.com

US Airways announces 233 job cuts; about 50 in Pittsburgh
US Airways Group Inc. announced Tuesday it will eliminate 233 positions in 10 cities, including Pittsburgh. CEO Doug Parker blamed the cuts on 'uncertain times marked by less business flying, fewer family vacations and rising unemployment.' (LCC)
bizjournals

US Dollar / Japanese Yen Expected to Fall as Prices Rebound From Resistance
The US Dollar rose against the Japanese Yen earlier this week, breaking out of a well-defined range between 0.8850 and 0.9120 on improved risk appetite...
DailyFX

Caterpillar Rising With The Tide (CAT, AG, DE)
Caterpillar is improving sales during tough economic times.
Investopedia.com

Commonwealth Bank profit up 9pc
COMMONWEALTH Bank has reported a 9 per cent rise in first half profit after strong growth in its retail banking arm offset declines in banking and investment.
The Courier Mail

Refineries Delight In Americans On The Road Again (SUN, VLO, COP, BP)
Rising gasoline prices and improving consumer demand lead to strong prospects at U.S. refineries.
Investopedia.com

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