PH economy slows down sharply in third quarter

The Philippine economy grew in the third quarter at its slowest pace in nearly three years due to weak public spending, putting at risk President Benigno S. Aquino III’s goal of boosting the nation’s annual expansion to a record by 2016.

India's Economy Grows at Slowest Pace in a Decade

NEW DELHI—India's gross domestic product grew at its slowest pace in almost a decade in the January-March period, adding weight to growing evidence the nation's economy is heading into troubled waters.