US shares steady before jobs report

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters
On Thursday US shares experienced mild fluctuations ahead of Friday's US jobs report.  S&P 500 Index declined 0.2% or 2.37 points to 1,244.59. The Dow Jones Industrial Average also lost 0.2% or 25.65 points to 12,020.03. Nasdaq Composite Index added 0.2% 5.86 points to 2,626.20.
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Fri, 02 Dec 2011 07:38:18 GMT

S&P downgrades Australian major banks

Standard & Poor's after revision of its criteria downgraded Commonwealth Bank of Australia and three its most significant competitors. Westpac Banking Corp, Commonwealth, National Australia Bank Ltd. and Australia & New Zealand Banking Group  Ltd. were downgraded on level from AA to AA-. Chirs Viol UBS AG' credit analyst suggests it still is a good rating as it keeps Australian banks among top rated financials globally. 

Fri, 02 Dec 2011 07:37:15 GMT

Citigroup to replace it Japan CEO

Citigroup is considering to replace its Japanese division CEO Darren Buckley in forthcoming month, said 2 officials familiar with situation. Buckley is expected to resign after the Citibank Japan has been penalized by Financial Services Agency for inappropriately explaining product risk exposure to retail clients. The bank has received punishment for the 3rd time in 7 years. Citigroup is looking for

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