Asean economic growth 'to outdo EU'

The 10-member Association of South East Asian Nations (Asean) will surpass the EU in growth once its economies have been integrated, the World Economic Forum in Jakarta has heard.

Economy, Security in Spotlight at Gulf Summit

MANAMA, Bahrain--Representatives of the oil-rich states making up the Gulf Cooperation Council were gathering in Manama on Monday to discuss economic integration and security in the face of growing regional tensions.

Europe Moves Ahead With Fiscal Union; UK Stands Isolated

Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region's third largest economy, refused to join the other 26 countries in a fiscal union and was isolated.