Soft Landing for 600 Cathay Staff?
The Morning Run Crew
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The Morning Run crew gives you their take on today's business headlines:
0:17 - Cathay Pacific to cut 600 jobs, 25% of management
5:36 - S&P lifts Indonesia out of junk rating
7:38 - China doubles tax on imported sugar to 95%
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Tags: Cathay Pacific, airlines, job cuts, front-line staff, management, hedging bet, Singapore Airlines, SIA, cost rationalisation, Malaysia Airlines, Qantas Airways, Rupert Hogg, Ivan Chu, UOB Kayhian, Indonesian bond market, Standards & Poors, sovereign bond ratings, investment grade asset, China, imported sugar, protectionism, MSM Malaysia Bhd, UOB Kay Hian, Standard & Poor's, sovereign bonds