LESS STRESS: As there have been no signs of tension at the Internet giant, it is believed that George Reyes is leaving to take advantage of the wealth that he has accumulated
Google Inc's chief financial officer will retire by the end of the year, creating the most prominent job opening at the Internet search leader since it went public three years ago.

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CREDIBILITY GAP: Investor anxiety over inflation could keep the Fed from making substantial reductions in the benchmark rate or announcing a series of cuts
US Federal Reserve officials, underestimating the spread of credit-market turmoil, focused at their Aug. 7 meeting on inflation and slowing productivity.

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Buyouts in the tens of billions of dollars were all the rage on Wall Street just weeks ago, but market observers say an abrupt credit crunch has spoiled the dealmaking party.

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The cost of Singapore's first casino development could balloon by up to 40 percent in a struggle to keep the project on budget, reports said yesterday.

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■ CHINA
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