Pacific leaders called Sunday for region-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.
Japanese Prime Minister Yukio Hatoyama urged (...)
Australian Prime Minister Kevin Rudd floated a second model for a pan-Asia economic bloc on Sunday, challenging a Japanese idea by making US involvement a key component of his plan.
Rudd's plan encompasses a broader collection of states than (...)
The global economy has likely bottomed out but employment conditions are “dire” and stimulus is needed across Asia to spur domestic demand, Japan's prime minister said. “Prime Minister Hatoyama mentioned that at the moment the global economy is (...)
The Philippines and Thailand are squaring off in an escalating row over rice that threatens to derail a trade pact at the heart of Southeast's bid to build an EU-style economic community by 2015.
Thailand, the world's biggest rice exporter, (...)
Leaders of Southeast Asian nations have agreed to fight the global financial crisis with eased macroeconomic and monetary policies, a draft statement by the group obtained on Saturday said.
The 10-member Asssociation of South East Asian Nations (...)
