<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0">
    <channel>
        <title><![CDATA[Home/Business/Asia_World]]></title>
        <link><![CDATA[http://www.scmp.com/portal/site/SCMP/menuitem.be6445796eac3694d567dd2153a0a0a0/]]></link>
        <description><![CDATA[Home-Business-Asia World]]></description>
        <pubDate>2012-02-04 07:40:04</pubDate>
        <item>
            <title><![CDATA[Spain orders more funds  to cover property loans]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=006bb5f962445310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[Spanish banks have been ordered to  raise an additional &euro;50 billion (HK$510.9 billion) to cover their exposure to toxic property  loans and assets accumulated during a construction boom that went bust with the financial crisis.
]]></description>
        </item>
        <item>
            <title><![CDATA[Fix economic potholes, leave the rest to business]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=483cb5f962445310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[Let's face it: United States presidents are hopelessly in love with the idea of a manufacturing renaissance and an export-driven economy. It isn't hard to understand why. Factory jobs, on average, pay more than those in the services sector. A job at the local General Motors plant, with all the benefits that accrue, used to be a ticket to a middle-class lifestyle for those without the benefit of a college education - sometimes for father and son alike.]]></description>
        </item>
        <item>
            <title><![CDATA[Portugal sells stake in electricity company to China]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=6f0bb5f962445310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[The cash-strapped Portuguese government has made another sale of a key state asset to a mainland state company in the energy sector, to help finance its budget deficit and finance future expansion of its biggest energy distribution firm.
]]></description>
        </item>
        <item>
            <title><![CDATA[Digging deep for influence]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=720cb5f962445310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[Gina Rinehart,  the Australian billionaire whose protest on a pickup truck against a mining tax helped oust Kevin Rudd  as prime minister, may be set to wield more  clout after boosting her media investments.
]]></description>
        </item>
        <item>
            <title><![CDATA[US hiring spree gains momentum]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=95937d0f03345310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[Employers in the United States went on a hiring spree last month  and drove down the unemployment rate for the fifth consecutive month to 8.3 per cent, its lowest point in nearly three years. The news pointed to a resurgent job market, sending stock futures surging.  
]]></description>
        </item>
        <item>
            <title><![CDATA[Hitachi to restructure into five new groups]]></title>
            <pubDate>2012-02-04 00:00:00</pubDate>
            <link><![CDATA[http://www.scmp.com/vgn-ext-templating/v/index.jsp?vgnextoid=f73bb5f962445310VgnVCM100000360a0a0aRCRD&s=business&ss=asia world]]></link>
            <description><![CDATA[Hitachi will  restructure its operations  in April by setting up five new groups, as the  conglomerate continues an overhaul  to boost profitability. Japan's biggest industrial electronics firm has been revamping its empire of some 900 firms after  reporting one of the biggest losses in Japanese corporate history  three years ago  due to a high-cost structure and lack of operational focus. ]]></description>
        </item>
    </channel>
</rss>

