Market News
Asiamoney rounds up the major financial news stories in the media over the past week across Asia. Central banks in Korea and Taiwan slash benchmark interest rates, Hong Kong pledges to provide business loan guarantees, and India tops up its economic stimulus plan. China Eastern Airlines gets government cash, while Sony announces 16,000 job cuts, Rio Tinto 14,000 and Citi prepares to shed more than 1,000 at Japanese retail brokerage Nikko Cordial.
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