BRUSSELS – Eurozone inflation soared to 3.0 percent in September, official figures showed Friday, just days before outgoing European Central Bank chief Jean-Claude Trichet chairs his last policy meeting. Channel NewsAsia Business News
TOKYO: Japan’s industrial output rose by less than expected and household spending plunged in August, data showed on Friday, amid concerns slowing demand could hamper the nation’s fragile post-quake recovery. Channel NewsAsia Business News
MEXICO CITY: A power outage affecting runway lighting shut down Mexico City’s international airport overnight into Thursday, diverting dozens of flights, according to officials. Channel NewsAsia Business News
SEOUL: South Korea’s current account surplus shrank sharply in August amid weaker exports due to the holiday season, the central bank said on Thursday. Channel NewsAsia Business News
BRUSSELS: Greek Prime Minister George Papandreou said debt ridden Greece can emerge from the economic crisis. Channel NewsAsia Business News
TOKYO: Boeing’s first 787 Dreamliner landed in Tokyo on Wednesday, greeted by a phalanx of media, company executives and excited plane spotters. Channel NewsAsia Business News
HONG KONG – Asian markets rebounded on bargain-buying Tuesday following recent heavy selling caused by the eurozone crisis, but traders remained cautious after mixed messages from EU leaders, analysts said. Channel NewsAsia Business News
BRUSSELS: Travellers could see a new charge on their tickets to fly between Europe and North America after the European Union begins forcing airlines to buy carbon emission permits next year. Channel NewsAsia Business News
NEW YORK : Netflix has reached a deal with DreamWorks Animation, the company behind the hit “Shrek” movies, to stream its films and television specials, The New York Times reported. Channel NewsAsia Business News
LONDON : A Greek default on its debts is inevitable and eurozone countries must act now to prevent other countries going the same way, according to Britain’s former finance minister Alistair Darling. Channel NewsAsia Business News