http://www.channelnewsasia.com Latest Channel NewsAsia Business News http://www.channelnewsasia.com/images_v1/top_mcnilogo.gif http://www.channelnewsasia.com 129 137 2008 MediaCorp Pte Ltd. All rights reserved. en-us Fri, 03 Jul 2009 16:00:00 GMT www.channelnewsasia.com http://www.channelnewsasia.com/stories/afp_world_business/view/440300/1/.html BERLIN : German auto maker Volkswagen hopes to turn out its first all-electric car in 2013, VW head Martin Winterkorn said Friday. AFP World Business Fri, 03 Jul 2009 21:08:55 GMT http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/440286/1/.html MADRID : Two giant Chinese oil companies are interested in buying a 30-percent stake in an affiliate of Spanish oil major Repsol, media reported Friday. AFP Asia Pacific Business Fri, 03 Jul 2009 19:59:34 GMT http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/440281/1/.html KUALA LUMPUR : Malaysia's exports slumped 29.7 percent in May from a year earlier, hitting their lowest level since 2001 with demand evaporating, according to official data released Friday. AFP Asia Pacific Business Fri, 03 Jul 2009 19:40:29 GMT http://www.channelnewsasia.com/stories/afp_world_business/view/440276/1/.html CAPE TOWN : More than half the workforce at South Africa's embattled public broadcaster will go on strike on Monday over a pay dispute which has gone unresolved as the institution's board collapsed. AFP World Business Fri, 03 Jul 2009 19:24:36 GMT http://www.channelnewsasia.com/stories/afp_world_business/view/440274/1/.html LONDON : Troubled British Airways said Friday that it would slash capital expenditure by one fifth in the current financial year after posting another sharp drop in monthly passenger numbers. AFP World Business Fri, 03 Jul 2009 18:46:12 GMT http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/440261/1/.html BEIJING : China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday. AFP Asia Pacific Business Fri, 03 Jul 2009 17:31:50 GMT http://www.channelnewsasia.com/stories/afp_world_business/view/440264/1/.html LONDON : The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the "safe-haven" greenback. AFP World Business Fri, 03 Jul 2009 17:16:39 GMT http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/440262/1/.html NEW DELHI : Employees of India's national carrier Air India staged a nationwide two-hour strike on Friday to protest what they said was management's failure to pay salaries on time. AFP Asia Pacific Business Fri, 03 Jul 2009 17:10:32 GMT http://www.channelnewsasia.com/stories/marketnews/view/440259/1/.html HONG KONG: There are signs in Hong Kong that appetite for initial public offerings (IPOs) might be returning. Market News Fri, 03 Jul 2009 16:16:12 GMT http://www.channelnewsasia.com/stories/afp_world_business/view/440224/1/.html LONDON : Oil market officials here have launched a probe into an alleged rogue trader who helped push prices to eight-month peaks this week, costing his company nearly 10 million dollars (7.15 million euros). AFP World Business Fri, 03 Jul 2009 16:15:03 GMT