Morgan Stanley Plans Biggest Round of China Job Cuts in Years

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Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80% of the reductions in Hong Kong and China, people familiar with the matter said.

Murdoch Partner Helps Asia’s Richest Man Build a Media EmpireGold Holds Near Record as Traders Overlook Delayed Cuts ScenarioCongressional Leaders Discussing Iran Oil Sanctions, Senator Cardin SaysDubai Grinds to Standstill as Cloud Seeding Worsens FloodingJeremy Hunt Says Rate Cuts Would Lift UK Mood, Hints at Fall VoteMalaysia to Push Ahead With Long-Awaited Subsidy Cuts in 2024BlackRock’s Aggressive Hunt for Growth in Saudi ArabiaAustralia Lends $375m to Sydney-Listed Critical Mineral...

but price growth at restaurants remains strongHockey business is booming as the NHL bounces back from the pandemic in a big wayStatistics Canada reports manufacturing sales up 0.7% in February at $71.

 

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