Japan falls into recession

Japan – the world's third largest economy – has fallen into recession, hit by sluggish exports to China.

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.

US urges Asia to help save global economy

The United States urged Asia to do more to stimulate growth to offset the eurozone crisis, ahead of a summit in which Washington is seeking to shape the rules for the emerging Pacific region.