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Less than a month ago, a probe aimed at cleaning up trading activities in the bond market resulted in the arrests of several dealers and other fixed-income personnel at Chinese financial institutions.
WSJ: China Tightens Rules on Bond Issuance
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What seems clear is that the economy is still settling from the shocks of recent years and industrial organizations are in the process of adjusting their strategies and personnel needed to tackle new market conditions.
FORBES: 2013 R&D Spending Outlook: Mildly Optimistic and Stable
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Their startup, called BrassRing, would go after the job-recruiting market by hosting career fairs, running Internet job boards and developing software for corporate personnel departments and university career-placement offices.
FORBES: Help Wanted. Please!