India, China key to growth in 2013 as global economy stares at fiscal cliff

NEW DELHI: India and China will be key for the global economy to grow by even a modest three per cent in 2013, after bouts of debt turmoils across continents pushed it to fiscal precipice and an anaemic growth rate in 2012 left policymakers and politicians at crossroads.

Asia stocks ebb as Europe crisis clouds outlook

BANGKOK (AP) — Asian stock markets continued to ebb Wednesday amid fears Europe's debt crisis is about to get much worse and deal a new blow to the global economy.