Business News

GLOBAL MARKETS - Oil prices, global econ worries hit Asian stocks Posted: 04 Aug 2008 02:10 AM CDT By Rafael Nam

India to retain curbs on farm exports, futures Posted: 04 Aug 2008 02:10 AM CDT NEW DELHI (Reuters) - India may extend the ban on futures trading in soyoil, rubber, chickpea and potato when it expires next month, and is expected to retain export curbs on rice and wheat for at least three months, a top official said.

CORRECTED - GLOBAL MARKETS - Oil prices, global econ worries hit Asian stocks Posted: 04 Aug 2008 01:50 AM CDT (Corrects to read European Central Bank is expected to keep interest rates on hold at its meeting on Thursday, not raise them)

News Corp to launch six regional TV channels in India Posted: 04 Aug 2008 01:44 AM CDT MUMBAI (Reuters) - News Corp plans to invest $100 million to launch six television channels in India, where the U.S. media conglomerate is a leading broadcaster, the chief of News Corp said on Monday.

China South Locomotive IPO to raise up to $950 mln Posted: 04 Aug 2008 01:41 AM CDT SHANGHAI, China (AP) _ China Southern Locomotive, the country's biggest train manufacturer, plans to raise up to 6.54 billion yuan (US$950 million) in its initial public offering on the Shanghai Stock Exchange, according to pricing information published Monday.

Abu Dhabi to have new commercial district Posted: 04 Aug 2008 01:24 AM CDT Abu Dhabi, Aug 4 (IANS) This fast growing capital city of the United Arab Emirates (UAE) will soon have a mixed-use commercial development that will be part of a wider high-profile residential district launched recently.

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