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Volkswagen to invest $225 million in new Chinese plant

Volkswagen , the world's second largest carmaker, will invest about 170 million euros ($225 million) building a new plant in Urumqi, western China, capable of making 50,000 vehicles annually starting 2015, the company said on Monday.
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ConocoPhillips profit lags Wall Street view

ConocoPhillips , which is splitting into two stand-alone companies at the end of the month, reported a lower-than-expected quarterly profit, hurt by weak refining margins, and its shares fell in premarket trading.
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Gold Prices Fall Below $1,630 On Euro Zone Worries

Gold prices slid below $1,630 an ounce on Monday as concerns that the euro zone debt crisis could ensnare higher-rated countries hurt the single currency, though moves were muted ahead of this week's Federal Reserve meeting.
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China sees trade with Germany near doubling by 2015

China and Germany, the world's two biggest exporters, can nearly double their bilateral trade in the next three years, but must also improve their market access and combat protectionism, Chinese Premier Wen Jiabao said on Monday.
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China's Alibaba.com Q1 Profit Slumps 25 Percent

Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
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China's Alibaba.com Q1 profit slumps 25 percent

Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
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China Factory Activity Stabilizing: HSBC Flash PMI

China's factories posted their best performance this year as a measure of new business rose from multi-month lows, a private sector purchasing managers survey showed on Monday, though overall activity still contracted for a sixth successive month.
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Europe pressed for action to end debt crisis

Global finance chiefs pressed Europe in weekend talks to quickly put in place the economic reforms needed to finally extinguish its debt crisis now that newly increased financial buffers have bought some precious time.

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