Tag Archive | "Cuts"

Job cuts at Foxconn reportedly prompt worker to jump from Shenzhen factory roof

Job cuts at Foxconn reportedly prompt worker to jump from Shenzhen factory roof Reports from Chinese microblogging website Sina Weibo, highlighted by Kotaku, claim that a woman jumped from the roof of Foxconn's Shenzhen factory at 9 a.m. local time last Friday. As of noon, another three employees were said to be on the roof, [...]

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China's Stock-Index Futures Drop After IMF Cuts Growth Forecast

China's Stock-Index Futures Drop After IMF Cuts Growth Forecast (000002) and Poly Real Estate Group Co. gained at least 0.7 percent after a Shenzhen government agency said the city may allow individuals to borrow against their provident funds to buy first homes. Citic Securities Co. led a rally for brokerages after … Read more on [...]

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