Regions News
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Porsche Automobil Holding SE was sued by a group of investment funds seeking about 2 billion euros ($2.6 billion) in damages allegedly suffered from the carmaker’s failed takeover attempt of Volkswagen AG in 2008.
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Singapore’s growth will weaken further this year after slowing in 2011, constrained by a “difficult” global environment and government efforts to cut foreign-worker inflow, Prime Minister Lee Hsien Loong said.
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China will balance “relatively quick” economic growth with inflation control in 2012, amid rising uncertainty about the world economic recovery, President Hu Jintao said in a speech yesterday.
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North Korea warned that there would be no change in inter-Korean relations as long as Lee Myung Bak is South Korea’s president, accusing him of “unethical rowdyism” for his policies after the death of Kim Jong Il.
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