• Customers check clothes at an apparel shop in Tokyo on November 17, 2014. Japan's economy sank into recession in the third quarter, making it almost inevitable that Prime Minister Shinzo Abe will delay a fresh sales tax hike and call snap elections to reinvigorate his power against party rivals.

    Gross domestic product fell at annualized 1.6% from July to September, compared to forecasts of a 2.1% rise.

    LAST UPDATE : Nov 17, 2014, 1:59 AM EST
  • US President Barack Obama (3rd L) gestures with Chinese President Xi Jinping (C), as Russian President Vladimir Putin, (front R) looks on at the end of a group photo of leaders of Asia-Pacific Economic Cooperation (APEC) economies at Yanqi Lake, north of Beijing on November 11, 2014. Other leaders present are, L-R, Indonesia's President Joko Widodo, Japan's Prime Minister Shinzo Abe, Australia's Prime Minister Tony Abbott, Malaysia's Prime Minister Najib Razak and New Zealand's Prime Minister John Key.

    Asia-Pacific leaders have agreed to move towards a new free trade zone strongly backed by Beijing.

    LAST UPDATE : Nov 11, 2014, 8:21 AM EST