Deutsche Telekom is to cut 32,000 jobs in Germany at a cost of around 3.3 billion euros ($4 billion) over the next three years, mainly due to tough competition in its fixed-line business, it said

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US President George W. Bush, who heads this week to an Americas trade summit in Argentina, admitted Tuesday that his first-term push for a free trade zone from Alaska to Antarctica was all but dead.

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Malaysian share prices closed 0.35 percent higher on Wednesday led by buying in gaming and plantation stocks, dealers said. However, trade was thin ahead of a two-day holiday for the Muslim festival of Eid-ul-Fitr on

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Hong Kong stocks rose for a third straight session on Wednesday, edging up 0.2 percent, as investors continued to scoop up recent laggards such as airline Cathay Pacific and container leasing firm COSCO Pacific. Investors

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US stocks fell on Tuesday, dragged lower by technology shares after a disappointing outlook from Dell Inc, and as the Federal Reserve indicated it will keep raising interest rates. Shares of Dell, the world's No

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Thai share prices closed 0.95 percent higher on Wednesday, led by gains in other Asian markets which largely shrugged off the negative impact of overnight falls on Wall Street, dealers said. They said buying sentiment

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US Treasury debt prices eased on Tuesday after the Federal Reserve raised interest rates a quarter-percentage point and its post-meeting statement retained key language that presaged further monetary tightening. It was the FOMC's 12th consecutive

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US Treasury debt prices eased on Tuesday after the Federal Reserve raised interest rates a quarter-percentage point and its post-meeting statement retained key language that presaged further monetary tightening. It was the FOMC's 12th consecutive

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Argentine stocks ticked higher on Tuesday as investors bet on improved earnings in the bank sector and shrugged off a widely expected US interest rate increase, traders said. The MerVal index of the leading 12

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The Philippines Stock Exchange said on Wednesday it will adopt a revised 30-company composite index by December 1 to more accurately reflect market activity. The bourse said more changes are expected in the composite index

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