The “Mad Money” host Jim Cramer gives his take on Apple’s recent decline.» Read More
Asian markets were mixed Tuesday as stocks struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery.
The Chinese investor who donated $2.1 million dollars for lunch in late June with Warren Buffett says his "tip from a friend" was not designed to influence the stock price of a relatively little known retailer in China.
Asian markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.
Asian markets retreated Friday and the greenback edged up after a disappointingly big drop in U.S. employment prompted investors to pull back from commodities, resource-linked shares and higher-yielding currencies.
Asian stocks struggled Thursday ahead of the latest U.S. payrolls report, while the U.S. dollar remained near a three-week low against the euro, sensitive to lingering doubts about its reserve status.
China’s stock market closed at its highest levels in about a year on hopes that the downturn has ended.
The second half of 2009 kicked off with a bang with both the Dow and S&P trading higher after reports showed manufacturing began improving, albeit modestly.
Asian markets struggled to gain ground Wednesday as economic data showed the process of turnaround to recovery was likely to be a slow grind, and the greenback capitalized on that more cautious sentiment.
Corn prices plummeted Tuesday as farmers reported larger-than-expected crops this year, easing some fears of rising food costs. Concurrently, Beijing has announced that China will bar imports of U.S. poultry.
The recovery in general is spotty. I believe it is underway, but "less-bad" news is losing its ability to inspire stock-buyers. The recession is over, in my mind, but the nature of the recovery is still to be determined.
Asian markets and the Australian dollar rose Tuesday — the last day of the second quarter —as investors kept adding to bets global economic activity is rebounding, having driven Chinese shares to the highest in a year.
Asian markets were mostly lower Monday with many investors stuck to the sidelines as the second quarter winds down. The U.S. dollar recovered from a slide on worries about the push by major emerging countries for a reserve currency alternative.
Bidding for next year's charity lunch with Warren Buffett has accelerated as the auction goes into its final day. The high bid stands at $456,789 with less than 10 hours remaining until the eBay auction closes at 10p ET tonight (Friday.) There's still a long way to go, however, to top last year's record $2.1 million tab.
It appears that almost every nation's central bank is engaged in supplying emergency funds or funding to their respective financial systems to stabilize the economy. It appears that almost every nation is engaged in re-regulating their economic and financial systems. It appears that every nation has enacted a stimulus program of tax cuts and government deficit spending.
Asian markets rose unevenly across the region Friday, as higher oil and metals prices boosted resource stocks, while the dollar fell as investors, growing slightly more confident, gingerly shifted some funds back into riskier assets.
Fed Chairman Ben Bernanke testified in front of a House Committee Thursday that he did not put pressure on Bank of America to close the takeover of Merrill Lynch. Unemployment numbers released are showing a weak job market and GDP growth is still in a decline. Read and watch what the pros say...
Asian stocks rallied for a second day Thursday after the Federal Reserve reinforced that interest rates will be kept at a record low for a while, but Treasuries extended losses as the Fed shied away from boosting its debt purchases.
Chinese refiner Sinopec agreed to acquire oil and gas exploration company Addax Petroleum Corp. in a deal valued at $8.27 billion Canadian (US$7.2 billion), gaining access to reserves in West Africa and the Middle East.
Asian stocks inched higher Wednesday from a one-month low hit the previous day while the U.S. dollar drifted, with investors bracing for a Federal Reserve decision and any signs the central bank is worried about the jump in U.S. bond yields.
Take-Two Interactive Software announced a multi-year partnership with Tencent Holdings, which runs China's largest instant messaging service and has a significant presence in the country’s online gaming market, to co-develop an online version of "NBA 2K" for the Asian marketplace.