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Thursday, 08 January 2009
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Singapore Property & Finance News

  • Interest rates hit all-time low

    The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.

  • Madoff 'had cheques ready to go'

    Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.

  • US firm in talks to buy Wedgwood

    A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.

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  • Herenton says bad economy signals time for consolidating government - Memphis Commercial Appeal

    Memphis Mayor Willie Herenton said Wednesday the global financial crisis will have a dramatic impact locally and again called for consolidation of local governments. Jim Weber /The Commercial Appeal Mayor Willie Herenton gives his annual State of the ...

  • Teachers may take financial hit in proposed state budget cuts - Naples Daily News

    TALLAHASSEE — Teachers and other employees of financially distressed districts would be forced to take pay cuts under a Republican bill that won approval from a House committee Tuesday amid partisan sniping over how Florida should cope with a ...

  • Israeli forces cross into Gaza; 'lengthy operation' seen - Rocky Mountain News

    GAZA CITY, Gaza Strip — Israeli tanks and infantry entered Gaza after nightfall Saturday, launching a ground offensive that the military said would be a "lengthy operation" in a widening war on Gaza's Hamas rulers. Heavy gun battles were reported ...

  • ER tussles with U.S. distributor - Variety

    Struggling U.K. tyke specialist Entertainment Rights, whose properties include 'The Lone Ranger' is taking legal action against its primary U.S. DVD distributor, Genius Products, over alleged unpaid fees. LONDON — Struggling U.K. tyke specialist ...

  • 1-year wage freeze imposed at WSJ owner Dow Jones - PR Inside

    NEW YORK (AP) - Nonunion employees at The Wall Street Journal and other Dow Jones & Co. properties will have their salaries frozen for a year because of the recession. Dow Jones Chief Executive Les Hinton said in an internal staff memo Thursday that ...

  • Creating a Shorter Path to New Chemical Entities with Property ... - WebWire

    Hungarian drug manufacturer deploys suite of software tools that assist with structure-based drug design at one of its research facilities in Budapest. Toronto, Canada (January 8, 2009)—Egis Pharmaceuticals, one of the leading pharmaceutical ...

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  • Business Update: Holiday freeze

    Jan. 8 - Many U.S. retailers, including low-cost giant Wal-Mart, announced disappointing December same-store sales, leading many to issue profit warnings.


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