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Merkel says Europe faces toughest challenge since WW2

LEIPZIG, Germany, Nov 14 - Warning that Europe faced its toughest hour since World War Two, German Chancellor Angela Merkel urged her party to set aside its misgivings about the euro and accept closer political integration as a solution to the bloc's deepening debt crisis.
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Obama to China: Behave Like a Grown up

President Barack Obama served notice on Sunday that the U.S. was fed up with China's trade and currency practices as he turned up the heat on America's biggest economic rival.
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MUFG H1 net profit jumps, raises full-year forecast

Mitsubishi UFJ Financial Group said on Monday its net profit jumped 95.1 percent in the April-September first half, boosted by a hefty one-time gain from its stake in Morgan Stanley , and raised its full-year profit forecast.
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Mizuho net falls 25 percent, plans 3,000 job cuts

Mizuho Financial Group maintained its full-year net profit forecast on Monday after reporting that first-half profit fell 25.4 percent, weighed down by the absence of hefty bond trading gains that lifted its profits the previous year.
A man walks past an advertisement of Japan's Olympus Corp in Tokyo

Japan's Q3 GDP Rebounds but Headwinds Remain

The Japanese economy came back to life the first time in four straight quarters, posting a 1.5 percent growth in the July-September quarter. According to data released by the Cabinet Office, the annualized growth of the economy was an impressive 6 percent.
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Japan ends recession as quake scars heal; outlook dim

Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.
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Japan Q3 GDP rebounds as quake damage heals

Japan's economy grew 1.5 percent in July-September from the previous quarter following three quarters of contraction as exports and consumption rebounded from a slump caused by the March earthquake, government data showed on Monday.
Men walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Japanese Watchdog May Seek to Impose Levy on Olympus: Source

Japan's securities watchdog may recommend that a levy be imposed on the Olympus Corp. for false financial reports, a source said Sunday. The move could prevent a delisting of the company's shares over one of the country's biggest corporate scandals.
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Japanese watchdog may seek levy on Olympus: source

Japan's securities watchdog may recommend that a levy be imposed on Olympus Corp for false financial reports, a source familiar with the case said on Sunday, a move which could prevent a delisting of the company's shares over one of the country's biggest corporate scandals.

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