Privatization hits Chinese steel wall
In less than a month workers have been able to halt twice the privatization attempt of a Chinese steel plant. In an effort to improve the inefficient industry Beijing has tried to take this step, but they have come under serious protest. Last month, a crowd assaulted and killed an executive who was managing the....more

Japan limping back to recovery
Japan's economy grew 3.7 percent at an annual pace in the second quarter, signaling end of nation’s worst recession since World War II, the government said Monday. There has been some hope that Japan's economy may have hit bottom in the first quarter. Recent signs have been pointing to a possible....more