Asian stock markets sank Monday after mixed economic reports about the U.S. economy inspired caution among investors. Major bourses were down as much as 1 percent after a lackluster session on Friday.
Getting people to pay for news online at this point would be "like trying to force butterflies back into their cocoons," a new consumer survey suggests.
China sought Sunday to deflate rising pressure from the U.S. and other powers over Chinese economic policies and growing assertiveness in world affairs, with its prime minister promising cooperation to bolster the global recovery.
Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America.
The Abu Dhabi Investment Authority broke with its customary privacy by issuing its first yearly statement Monday, marking one of the biggest steps yet by the world's largest sovereign wealth fund to increase transparency.
Alice is still ruling the movie palace. Johnny Depp and Tim Burton's "Alice in Wonderland" easily remained the No. 1 weekend draw with $62 million, according to studio estimates Sunday.
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