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Reuters - Asian stocks fell on Tuesday after Citigroup cut 52,000 jobs in a dramatic move to save itself and downbeat policymaker comments reflected worsening economic conditions that will unlikely improve until well into 2009.
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0 Comments Reuters - Yahoo Inc said Jerry Yang will step down as chief executive as soon as the board finds a replacement, sending its shares up 4 percent on hopes his departure will clear the way for a deal with Microsoft.
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Reuters - Ford Motor Co could announce plans to sell a 20 percent stake in Mazda Motor Corp (7261.T) as early as Tuesday, the Nikkei business daily reported.
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Reuters - Japan's recession could last even longer than feared, the country's economy minister warned on Tuesday, echoing comments from U.S. officials that the pain from the global financial crisis was far from over.
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