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  Friday, July 27, 2012
  Today
Nomura CEO Watanabe stepping down
Nomura Holdings Inc CEO Kenichi Watanabe will formally resign to take responsibility for numerous leaks of insider information to the clients of its brokerage unit, reported by the Nikkei newspaper yesterday...
China ready for soft landing: IMF
China's economy is set for a soft landing even as global headwinds increase – mainland officials may refrain from stepping up its monetary stimulus or increasing spending because measures now in place are sufficient to support growth, the International Monetary Fund's (IMF) top official in the nation said...
NZ holds record-low rate
New Zealand's central bank extended a pause in the nation's benchmark interest rate, citing risks from Europe's fiscal crisis and an outlook to tame inflation by holding borrowing costs at a record low...
French unemployment nearing 13-year high
The number of jobseeker in France rose for the 14th month in a row in June to hit its highest level in nearly 13 years, adding pressure on the new Socialist government, which has made fighting unemployment a top priority...
  Featured Article
How to make $1k count in Mutual Funds
BENCHMARK has spoken to a number of financial advisers to determine key criteria when seeking the right vehicle to invest US$1,000 per month. One logical approach is to invest into a long-standing mutual fund with a history of positive alpha. As volatility reaches fresh highs every month a diversified mutual fund helps you avoid...
  Gallery
  Events
  Most Read in the past 7 days
EU, US economies struggle as China stabilizes
The struggles of the US and Eurozone economies continued in July – weak data and business surveys showed, however, improved Chinese factory output suggested stimulus measures may be gaining traction in boosting the world's second-largest economy...
Greece slowly falling into the deep end
Greece is unlikely to be able to pay what it owes and further debt restructuring is likely to be necessary, three EU officials said earlier this week – a cost that would have to fall on the European Central Bank (ECB) and Eurozone governments...
Li Ka-Shing to buy Wales & West for $1 billion
Hong Kong's richest man Li Ka-Shing has agreed to pay 645 million pounds ($1 billion) for Wales & West Utilities Ltd. in an effort to expand his utility portfolio in the UK...
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