LONDON - CAR maker Jaguar, an iconic British brand owned by Indian group Tata Motors, said on Monday it had stopped production at a central England car factory in response to tumbling demand.
TOKYO - JAPAN'S two biggest airlines on Monday announced reductions in their number of flights to China, blaming weakening demand amid the global economic slowdown.
All Nippon Airways Co said it would halt regular flights between Kansai International Airport, the gateway to the western Japanese city of Osaka, and the northern Chinese city of Dalian.
KUALA LUMPUR - MALAYSIA'S state-controlled power firm Tenaga Nasional on Monday reported a fiscal first quarter loss due to lower electricity sales and a weaker local currency.
MANILA - THE Philippine economy will likely grow by only three per cent this year as the country feels the full effects of the global financial crisis, the World Bank said on Monday.
