TweetBERLIN: German Chancellor Angela Merkel’s uncompromising stance on Europe’s financial crisis faced mounting criticism on Saturday as senior political figures urged her to reconsider her rejection of eurobonds. The rest is here:Merkel under fire at home over eurobond stance
TweetBEIJING: China’s non-manufacturing sector contracted in November, according to data released Saturday, as Beijing begins to ease its monetary policy amid signs of a slowdown in the world’s second largest economy. See the original post:China non-manufacturing sector contracts
TweetLONDON: Over-optimism shown by the euro’s creators meant the current debt crisis was inevitable, Jacques Delors, one of the currency’s chief architects, said in an interview published in Saturday’s Daily Telegraph. See the rest here:Euro inherently flawed, says Delors
TweetNEW DELHI: India’s government has “suspended” plans to open the nation’s huge retail sector to global competition that have paralysed parliament, a key ally of the ruling coalition said on Saturday. Read the original here:India ‘suspended’ retail reform, says government ally
TweetWASHINGTON: US retail sales on Black Friday hit a new record for the start of the holiday shopping season that follows Thanksgiving, according to early estimates published Saturday. Read more here:Record US retail sales on Black Friday: estimates
TweetTOKYO: Japanese auto giant Toyota is in discussions with BMW over a partnership in eco-friendly cars, a press report said Saturday. More here:Toyota discussing green-car tie-up with BMW: report
TweetTOKYO: Japan’s two major bourses have agreed to merge in about January 2013, creating the world’s second-largest stock exchange, reports said Saturday. Originally posted here:Japan exchanges to merge in 2013: reports
TweetWASHINGTON: Despite prodding from the White House, a US congressional “supercommittee” remained deadlocked Saturday on forging a deal to cut $1.2 trillion from government deficits over 10 years. See the rest here:US debt panel deadlocked despite White House prodding
TweetHONOLULU, Hawaii: Russian President Dmitry Medvedev said Saturday that the survival of the euro was critical for the global financial system as he voiced support for European efforts on the debt crisis. See the original post here:Medvedev says euro vital for global system
TweetHONOLULU, Hawaii: US President Barack Obama warned Saturday that China must “play by the rules” of global trade ahead of his first summit in 10 months with Chinese President Hu Jintao. Read more:China must play by the rules, warns Obama
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