China "extremely concerned" about US-Japan island talk

TOKYO: Japan and the United States have started talks on operational plans in the case of armed conflict over a group of East China Sea islets claimed by Tokyo and Beijing, Japanese media said on Thursday, prompting China to complain of "outside pressure".

IMF Says Asia Has Room for Stimulus

SINGAPORE—Asia so far has proved resilient to the European debt crisis and slowing global growth, and countries in the region have room to take growth-boosting steps in case of a sharp downturn, the International Monetary Fund said.