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The Philippines tops China in GDP growth
May 30, 2013
Which country has the highest economic growth rate in the Asia-Pacific region? It's not China, but the Philippines, which grew at a surprising rate of 7.8 percent last quarter.
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Dog eats whale: Japanese company pulls whale-based dog treats
May 29, 2013
An Japanese company enrages conservationists for selling dog treats made from the meat of endangered fin whales.
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Mighty Germany gets a wake up call about unemployment
May 29, 2013
The number of unemployed Germans rose more than four times what analysts had expected in May. Still Europe's largest economy held onto its jobless rate of 6.9 percent -- lower than the majority of euro zone countries.
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Australia's economy: The wonder down under
May 28, 2013
Why Australia is happy and booming.
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More businesses cancel meetings in China over bird flu fears
May 28, 2013
Morgan Stanley is moving its showcase of Asian hedge funds to New York after the event was cancelled in Shanghai last week due to concerns over bird flu, according to Bloomberg News.
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Germany and France launch 'New Deal' to combat youth unemployment
May 28, 2013
Germany and France are launching a 'New Deal' to combat the problem of youth employment in Europe. 24 percent are out of work in the euro zone -- that figure rises to more than 50 percent in Greece and Spain.
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In Europe, vacation days stay
May 27, 2013
One in four Americans get no vacation days while the average European gets 25 days off.
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Some firms targeting U.S. choose Mexico over China
May 27, 2013
Some companies who sell to the U.S. now prefer Mexico to China as a manufacturing base. Rising Chinese labor costs are part of the reason. Mexico's proximity to the U.S. is another.
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Chinese group seeks out Club Med of France for $700 million
May 27, 2013
Chinese conglomerate Fosun International and Paris private equity firm AXA are offering to buy Club Med for $700 million.
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Germany backs off EU solar panel 'dumping' investigation
May 27, 2013
European -- and some American manufacturers -- believe Chinese solar panels are being sold for less than they cost to build. The European Commission is investigating, but now Germany is distancing itself from the "dumping" allegations.
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