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Economic Momentum Regained In Most Major Countries: OECD

The think tank's composite leading indicators for February showed strong signs of regained momentum in the U.S. and Japanese economies, while Brazil, India, Russia and China showed positive signals compared with the previous month's assessment.
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Honda eyes new models, strong growth in China

Honda Motor Co Ltd will launch 10 more car models in China by 2015 and expects sales in the country to double over the same period, a senior executive said on Tuesday, as it moves to narrow the gap with foreign rivals in the world's largest auto market.
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Bank of Japan holds off on easing as expected

The Bank of Japan kept monetary policy steady on Tuesday, holding fire until a more thorough assessment of the economy at another rate review in two weeks that may show further action is needed to nudge inflation up towards its 1 percent target.
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Asian Shares Struggle, Awaiting China Data

Asian shares eased Tuesday as investors cautiously awaited Chinese trade data to gauge whether the world's second-largest economy could achieve a soft landing, after a sharp slowdown in U.S. jobs creation clouded prospects for global growth.
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Sony to ax 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
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Sony to axe 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
Kazuo Hirai

Sony To Cut 10,000 Jobs As Part Of New CEO's Overhaul

About half the cuts will come from two moves the Japanese electronics and entertainment giant already announced -- the sale of its chemical-products business and the spinoff of midsize liquid-crystal-display operations to a venture with rivals Toshiba Corp. and Hitachi Ltd.

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