澳洲新闻 (ABC新闻快递) 2012-07-15
时间：2012-07-24 08:20:56
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The US bank JPMorgan Chase says losses from risky1 trading in its London office have widened to nearly six billion dollars. The bank originally estimated the losses at two billion dollars when the bad trades were disclosed in May. JPMorgan says the executives responsible for the losses have been dismissed without severance2 pay. It says there's evidence some traders may have been trying to hide their losses.
The European Commissions has questioned the wisdom of ratings agency Moody's decision to cut Italy's debt rating shortly before an Italian bond
auction3. Moody's downgraded Italy sovereign rating by two
notches4 to BAA -2. It cited rising risks and a loss of market access. Moody's also warned it may still cut the rating further. It was the second downgrade in five months for Italy. A spokesman for the European Commissions says they are disappointed with the
timing5 of the announcement.
And South Korean workers at Hyundai and Kia have walked off the job to demand higher wages and fewer working hours. In the city of Ulsan, 25,000 Hyundai workers gathered outside a factory to voice their demands. A spokesman at Hyundai said the eight-hour stoppage was expected to
hamper6 production of 4300 vehicles worth around 75 million dollars. The Hyundai Union warned if their demands are not met, there will be more industrial action.
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