CHINA

Korean Air announced to buy Bombardier's Cseries aircraft.

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Korean Air announced Tuesday at the Paris Air Show, to buy Bombardier's C series aircraft, the value of the order is valued at US$616-million based on list price, but could swell upto US$1-billion if all the orders comes to a definitive.
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Investors grow worried about China, Europe: Barclays

Investors are increasingly worried that troubles in the euro zone and China will hurt global economic growth this year, curbing gains in equity and commodity markets, a Barclays Capital survey showed on Monday.
China food prices spike as floods ruin farmland

Floods devastate China, drive up cost of food

Rainfall expected to boost China's agricultural production have instead caused widespread flooding, increased food prices and caused death in the East and South of the People's Republic.
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Embraer sees chances of Delta order

Brazilian planemaker Embraer sees good chances of firm orders from U.S. carrier Delta Air Lines, which will likely make a decision to renew its fleet by October, a top company executive told Reuters on Monday.
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Stock futures weighed down by Greece loan delay

Stock index futures fell on Monday as a delay in emergency loans to Greece and a possible downgrade of Italy's credit rating rekindled fears about the euro zone debt crisis, pushing investors out of riskier assets.
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Euro dips, stocks turn lower on Greece worries

The euro dipped on Monday and Asian stocks flipped back into the red after euro zone finance ministers delayed a final decision on extending emergency loans to debt-stricken Greece, dashing hopes for a quick solution to the political impasse.
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Japan May export drop stirs worry on overseas

Japan's exports fell in May at a faster pace than expected versus year-ago levels, raising concerns that weakness in overseas demand will constrain factory production and delay economic recovery from a massive natural disaster.

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