WARSAW - POLAND adopted on Sunday an economic stabilisation and development package for 2009-2010 valued at 24 billion euros (S$45.4 billion) to help weather the global financial crisis, Prime Minister Donald Tusk said.
DUBAI - DUBAI property giant Nakheel - behind such grandiose projects as a one-kilometre tower and artificial palm-shaped islands - said Sunday it has fired 500 staff because of the global financial crisis.
BEIJING - CHINESE President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis as he told Communist Party leaders the challenge posed a test to the government's ability to rule.
TOKYO - STRUGGLING Citigroup Inc plans to sell NikkoCiti Trust and Banking Corp, its trust bank unit in Japan, as part of its global restructuring efforts in a deal that could raise up to 40 billion yen (S$635.7 million), Japanese media reported on Sunday.
An auction could be held as early as Monday, the Nikkei business daily said, without citing any sources.
