Topic: Dow Jones & Co. Inc.

China tightening weighs on Asia stocks

Investors remained edgy Tuesday, with a rebound on Wall Street offset by lingering concerns over possible further bank tightening moves by Beijing, leaving most Asian stock markets in the red. Asian dealers were given a good start after Wall Street broke a losing streak overnight on optimism that Federal Reserve ...
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Bank fears send Asian shares lower

Uncertainty over US President Barack Obama's bank revamp plans and fears of policy tightening by Beijing spooked risk-averse investors in Asian trade Monday, as financial stocks continued to slide. World market sentiment has soured since Obama unveiled on Thursday plans for a tough banking reform that would limit "excessive ...
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Ericsson to cut 1,500 more jobs, profit plunges

Swedish telecom giant Ericsson announced on Monday it would cut an additional 1,500 jobs under a restructuring plan that contributed to a 92 percent fall in net profit in the fourth quarter. Ericsson reported a net profit of 314 million kronors (30.7 million euro, 43.4 million dollars ...
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Ericsson says profit shrinks, to cut 6,500 jobs

Swedish telecom giant Ericsson said Monday its net profit fell by 92 percent in the fourth quarter due to the costs of a restructuring plan in which 6,500 jobs will be cut. Ericsson reported a net profit of 314 million kronor (30.7 million euro, 43.4 million dollars ...
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