US / Canada

Obama Budget Seeks Funding for Trade Unit as China’s Xi Arrives

U.S. President Barack Obama will ask Congress for $26 million and at least 50 people for a new panel to investigate unfair trade practices by nations including China, whose Vice President Xi Jinping i

Sunday, February 12, 2012 (Business Week)

Japan’s Economy Shrinks More Than Forecast on Export Slump

Japan’s economy contracted more than economists forecast in the fourth quarter as exports slid on weakness in global demand and strength in the yen.

Sunday, February 12, 2012 (Business Week)

Asia Stocks to Watch: Australian currency, policy may limit stock gains

The Australian share market’s gains since the start of the year have lagged those of its Asian peers, and that underperformance is likely to continue as long as monetary policy remains tight.

Sunday, February 12, 2012 (MarketWatch)

Nestle Bites Into Chocolate’s $8 Billion Premium Market: Retail

Nestle SA, known for mass-market chocolates like the KitKat bar, is trying to get a bigger piece of the growing market for fancier sweets. Its idea: customized confections.

Sunday, February 12, 2012 (Business Week)

Greek Parliament Backs Austerity as Rioters Burn Buildings

Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure an international bailout after rioters protesting the measures battled police and set fire to buildings

Sunday, February 12, 2012 (Business Week)

China Airlines in ‘Intolerable’ Spot on Europe Levies, IATA Says

Chinese airlines are in an “intolerable” position because of a spat between the country and the European Union over emissions levies, said Tony Tyler, the head of the International Air Tra

Sunday, February 12, 2012 (Business Week)

Japan Earnings Gloom Fades as Panasonic Paces Tokyo Rally

Panasonic Corp. had its best week in more than two years of Tokyo trading, following its forecast for a record $10 billion loss, showing some investors are betting Japan’s biggest exporters have

Sunday, February 12, 2012 (Business Week)

SingTel Third-Quarter Earnings Fall 9.6% on Costs, Bharti

Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, posted a 9.6 percent fall in third-quarter earnings on costs to retain domestic customers and a slump at its Bharti Air

Sunday, February 12, 2012 (Business Week)

Craig Stephen's This Week in China: China posts worrying January numbers

Forces at work behind China’s recent weak economic data look to be more structural than seasonal, as fresh growth pains grip the economy, writes Craig Stephen.

Sunday, February 12, 2012 (MarketWatch)

Tax standoff remains after talks

Max Baucus and Dave Camp traded offers throughout the weekend.

Sunday, February 12, 2012 (Politico)

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