The parliament endorsed the living wage of the same size valid as at December 2008.

German Finance Minister Peer Steinbrueck has warned against cutting interest rates to spur the country's economy, a move he insists would lead to a hazardous "growth bubble" in Germany.

At least there's one bright spot in this dreadful economy.

Do Hu and Wen have Deng Xiaoping's wisdom?

The head of Barclays bank warns of a big drop in house prices ahead of jobless figures out this week.