China Retaliates Against EU With Anti-Dumping Probe Into Wine Imports
China launches Europe wine anti-dumping probe.
Japan's PM Shinzo Abe to Establish Foreign Investment 'Special Economic Zones'
Prime Minister Abe targets 3% yearly growth in per capita income via third arrowlooks
China's Recovery Momentum Slows With Stalled Growth in Services Sector
The HSBC services PMI inches up to 51.2 in May from 51.1 in April.
Australia's Q1 Growth Dragged Down by Lower Business Investment
Australia grew by 0.6% in the first quarter, below analysts' forecast of 0.8%.
Wolseley Shares Plunge on Weak European Results
Trading profit rose 7.9% in third quarter, despite disappointing European sales.
Primark Tests Consumer Appetite Online With ASOS Tie-Up
Primark will sell 20 womenswear products online under a partnership with ASOS.
Britain's Black Market Smallest in About 25 Years at £150bn
Illicit economic activity in Britain amounts to 10% of 2012 gross domestic product.
Severn Trent Rejects £5.2bn Sweetened Bid From Consortium
UK's second-largest water utility says LongRiver group's offer undervalues company.
UK Retail Sales Rebound on Flooring and Furniture Discounts
BRC and KPMG say retail sales rose by an annual 3.4% in May after a 0.6% dip in April.
Major Eurozone Nations Witness Improvement in Manufacturing Sector
Final Markit Eurozone PMI rises to 15-month high at 48.3 in May from April's four-month low of 46.7.
Total Warns Mass European Oil Refinery Shutdown on CO2 Targets
Christophe de Margerie says Europe will see oil plants shutting down on lack of demand and carbon emission targets
Singapore Water Industry Taps Into China's $850bn Clean Water Fund
Water companies like Hyflux and United Envirotech attracting investments from foreign players.
China PMI Confirms Economic Growth Momentum Slowdown
HSBC Manufacturing PMI shows final reading of 49.2 in May, down from 50.4 in April.
Eurozone Consumers Feel Pain of Cross-Border Price Differences
World Economics' World Price Index claims the purchasing power of the euro can vary from country to country.
Official China PMI Indicates Rebound in Manufacturing Sector in Contrast to HSBC PMI
Official PMI shows reading of 50.8 for May, slightly up from 50.6 in previous month.
Apple Increases Prices in Japan As Foreign Firms Suffer From Yen's Weakness
Apple raises prices of iPads and iPods in Japan following yen fall.
Lloyds Sells US Mortgage Portfolio For £3.3bn to Meet Fresh Capital Requirements
Lloyds realises pre-tax gain of around £540m from sale.
China's Biggest OTC Market Opens to Help SMEs With Easier Finance
Qianhai Equity Exchange opens with more than 1,200 companies in its fold.
Consumer Sentiment Bounces Back to Six-Month High
UK Gfk index of consumer confidence beats forecast and suggests recovery is gaining.
Japan's Industrial Production Gathers Pace But Economy Still Mired in Deflation
Core consumer prices declined 0.4% in April from a year earlier, while industrial output rose 1.7%.
Severn Trent Hikes Annual Dividend 8.2% After Strong Full-Year Results
Full-year pre-tax profit increased 37% to £215m, as turnover rose 3.4% to £1.8bn.
Ryanair Suffers Further Blow in Aer Lingus Takeover As Competition Watchdog Hints at Stake Cut
UK Competition Commission says Ryanair may have to reduce its stake in Aer Lingus.
Panasonic Axes 5,000 Jobs to Boost Profitability
Panasonic targets operating profit margin of 5% by fiscal 2016.
Shuanghui to Buy US Pork Producer As Chinese Demand For Foreign Food Brands Rises
Shuanghui will pay $4.7bn in cash for Smithfield Foods, the largest takeover of a US company by China.
South Korean Industrial Output Falls Short of Expectations
Industrial output rose 0.8% in April from March, less than economists' expectations of 1.0%.
UK Retail Sales Plunge as Households Cut Down Spending
The sales balance of CBI's monthly distributive survey declines to minus 11 in May from minus 1 in April.
German Unemployment Rises as Eurozone Sovereign Debt Crisis Takes Toll
The number of jobless Germans rises above estimates to 2.96 million in May.
Suntory Plans $5bn IPO to Pursue Overseas Acquisitions
Suntory is expected to receive approval from the Tokyo Stock Exchange as early as Wednesday, according to Reuters.
IMF Cuts China Growth Forecast on Weak Exports
The IMF joins a number of private investment banks to cut China's growth outlook.
EU States Oppose Plan to Levy Duties on Chinese Solar Panels
At least 14 member countries including Germany, Britain and the Netherlands oppose the plan.
