German lender Commerzbank AG said Thursday that it will cut almost 10,000 jobs, stop paying dividends for the time being and merge two big units as part of a restructuring to become profitable on a sustainable basis by 2020. The bank, Germany's second largest, said that to cover its restructuring costs in the region of 1.1 billion euros, it will cease dividend payments for the time being.
The jobless rate in Japan came in at a seasonally adjusted 3.1 percent in August, the Ministry of Internal Affairs and Communications said on Friday.
That was above forecasts for 3.0 percent, which would have been unchanged from the previous month.
The job-to-applicant ratio was 1.37 - in line...