Jet proposes 5-10 per cent salary cut for employees, VRS

Submitted by PTI on

Mumbai, Nov 23 (PTI) Facing the heat of economic slodown, the Jet Airways management was Sunday understood to have suggested a five to ten percent salary cut for its employees drawing monthly salar

BOK to inject up to 5 tln won into bond fund

Submitted by YONHAP on

By Kim Soo-yeon
SEOUL, Nov. 24 (Yonhap) -- South Korea's central bank said Monday it will inject
up to 5 trillion won (US$3.33 billion) into an envisioned bond fund aimed at

Seoul shares down 1.79 pct on recession woes

Submitted by YONHAP on

SEOUL, Nov. 24 (Yonhap) -- South Korean stocks plunged 1.79 percent in a volatile
session late Monday morning on deepening concerns over a global economic
slowdown, analysts said.

STUDY TO DECIDE ON MINIMUM OIL PRICE

Submitted by BERNAMA on

IPOH (Malaysia), Nov 24 (Bernama) -- The government is studying the global
oil price situation before fixing the minimum or ceiling price for the commodity

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