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Wednesday, June 19, 2013

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Vitamins giant DSM cuts 1,000 jobs
12-15 17:42
Royal DSM, the world's biggest maker of vitamins, lowered its full-year profit forecast for the second time since October and announced 1,000 job cuts as deman...

HKMA adds $3.49b into markets
12-15 17:29
The Hong Kong Monetary Authority pumped HK$3.49 billion into the banking system in two injections to prevent the citys currency from strengthening beyond its...

Electrolux to cut 3,000 jobs
12-15 15:34
Electrolux said it will cut more than 3,000 jobs in the fourth quarter and 2009 after a sharp decline in demand. Operating profit, before one time items,...

13 airlines face NZ court action over cartel claim
12-15 12:36
New Zealand's competition watchdog said it is taking court action against 13 international airlines for allegedly forming a cartel in the air cargo market. ...

European banks, Nomura count losses in Madoff scandal
12-15 11:42
European banks are counting the damage from the investment scandal involving New York trader Bernard Madoff, with Spain's largest bank Santander saying a sub...

Nikkei defies corporate gloom in surge
12-15 10:16
Japan's Nikkei stock index ended up 5.21 percent, tracking gains on Wall Street on hopes that the White House will act to stave off the collapse of the ailing...

Hang Seng ends with 2pc gains
12-15 10:12
Hong Kong share prices closed 2 percent higher on the back of commodity and shipping stocks, but the upside was limited by worries over two major banks, dealers s...

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