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Japan may use postal savings for rural firms-media
The government and ruling parties are considering setting up regional investment funds. -Reuters
 
 
Shell in talks to buy 10 pct of Essar Oil-report
Essar is also looking at raising S$2 billion in debt as working capital for the three refineries. -Reuters
Paulson's golden investors have to commit $10 million
Investors will be able to get their money back twice a year. -Reuters
Crisis fallout still in 'first half'
Forum says there is only a brief opportunity to bring tough reforms. -AFP
Twitter to follow Google's lead
Biz Stone will eventually emulate the search company's lucrative ad model. -Reuters
Hershey mulls $23.8 billion solo bid for Cadbury: source
This could add new pressure on Kraft to sweeten its offer. -Reuters
Stocks dip as investors fret about recovery
Investors have become more sensitive to signs of weakness. -Reuters
10 steps for Asian enterprises to succeed anywhere
Keep looking ahead, and gear up for the recovery. -BT
Catering to high net worth entrepreneurs, family businesses
As the wealth management industry evolves, wealth managers need to provide appropriate investment advisory services and solutions to their valued clients. -BT
Back from the brink: lessons from entrepreneurs
How leading entrepreneurs can stay proactive as they steer their businesses in a stabilising market. -BT
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
 
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