AFP - US Treasury chief Tim Geithner began a two-day visit to Beijing by calling China and the United States indispensable partners in solving the global economic crisis and other urgent world issues.

AFP - China took up US Treasury Secretary Timothy Geithner's call to work together in battling the financial crisis as the Asian giant tries to position itself as a major force on the global stage.

Reuters - Twenty years after the crackdown on pro-democracy protests centered on Beijing's Tiananmen Square, China's economy has developed to the point that similar protests on the same scale are highly unlikely today.

AP - Activists looking to highlight the 20th anniversary of China's bloody crackdown at Tiananmen Square are finding their efforts overshadowed by the emergence of a China crucial to U.S. economic and diplomatic efforts around the world.

AP - Germany's economy will shrink by 6.2 percent this year and stagnate in 2010, the country's central bank said Friday, delivering a forecast more pessimistic than the government's.

AFP - The 'Buy American' plan in US economic stimulus legislation is drawing increasing fire from US trading partners and also has led to confusion as government agencies try to implement the strategy.

Reuters - Demand for air travel could decline further despite signs of a more stable global economy, and prospects of a recovery this year look slim, industry executives said at a meeting of the world's airlines on Sunday.

AP - The makers of Spam, long a symbol of frugality, are advertising the often-maligned canned pork as a way to relieve boredom at the dinner table as the recession wears on.

U.S. News & World Report - With the decade winding to a close, Americans have grown increasingly reluctant to gas up their moving vans. Last year, the Census Bureau's national mover rate--which represents the percentage of Americans 1 year and older who moved within the past year--hit its lowest level since 1948, when the bureau began tracking the data. And who can blame us? In the face of a terrifying banking crisis, a historic housing crash, and a grueling recession, relocating to a new city isn't exactly on the to-do list. ...

Bloomberg - June 10 (Bloomberg) -- House Republicans would let non-bank institutions fail in bankruptcy court and strip the Federal Reserve of supervisory powers as part of a plan to revamp U.S. financial regulations, a draft document showed.

Reuters - Chinese investment surged in May, adding to hopes the world's third largest economy may lead a recovery, but a record slump in Japan's first-quarter GDP reinforced expectations its rebound from recession will be slow.

AP - Global financial markets are starting to heal and the U.S. economy could begin to grow again this year, but a strong recovery is unlikely, said President Barack Obama's top adviser Paul Volcker.

AFP - Top global economies should not look to cut their economic stimulus plans to fight the crisis as there is no recovery yet, US Treasury Secretary Timothy Geithner said on Saturday.

AP - Vice President Joe Biden says 'everyone guessed wrong' on the impact of the economic stimulus.

AFP - Faced with continued market weakness, President Barack Obama's administration is to unveil a plan to bolster the US financial regulatory system, two top presidential economic aides said.

Reuters - The U.S. economy will likely begin to recover in the third quarter and housing may hit its long-expected bottom in the following quarter, a UCLA Anderson Forecast report released on Tuesday said.

AP - Oil prices hovered above $70 a barrel Wednesday in Asia as investors weighed mixed signals from the U.S. economy amid tumbling equity markets.

AFP - Troubled US insurance giant AIG may take its casualty insurance unit public, and sell a 20 per cent stake, to raise billions of dollars to pay back public funds, a report said Thursday.

Reuters - The International Monetary Fund is likely to revise its 2010 growth forecast for the world economy up with signs the rate of decline in global output has moderated, a senior IMF official said on Friday.

AP - It's a difficult balancing act.

AFP - A jittery bond market and economic 'green shoots' notwithstanding, the Federal Reserve is likely to reaffirm a commitment to keep pumping money into the economy to battle recession, analysts say.

Reuters - A quarter of U.S. employers have eliminated matching contributions to employee 401(k) retirement plans since September to save money amid the economy's downturn, according to research released on Monday.

Reuters - A stumble in sentiment punctured hopes of a rapid rebound from recession in the euro zone's services-led economy and the European Union and United States faced off against China in a looming trade dispute over raw materials.

AFP - The Federal Reserve is set to conclude a two-day meeting seeking to steer monetary policy amid tentative signs of recovery from the economy's prolonged recession.

AP - The government, criticized for sinking Australia too deep into debt with spending to boost the economy, on Thursday welcomed an International Monetary Fund endorsement of its quick response to the global economic slump.

AP - Oil prices held above $70 a barrel Friday in Asia as investors mulled mixed signs about the strength of the U.S. economy and crude demand.

AP - Japan and South Korea have agreed to team up to nurse their economies back to financial health, Japanese Finance Minister Kaoru Yosano said Saturday.

AP - North Korea's economy grew in 2008 after good weather boosted agricultural production, South Korea's central bank said Sunday.

AP - Oil prices drifted below $69 a barrel Monday in Asia as traders look to macroeconomic indicators this week for signs of improvement in the U.S. economy.

AP - Japanese companies may be starting to boost production, but they certainly aren't hiring yet.