Counterfeiting is a multi-billion dollar business infiltrating the United States borders at an alarming rate. Watches, handbags, footwear and even medicines are among the top products making up more than $261 million worth of counterfeit products seized at US ports in 2009. And it's a growing problem.
Asian stocks trekked higher on Friday after a fall in U.S. jobless claims and solid sales reports by large retailers lifted Wall Street for a third straight day.
Asian stocks were up sharply on Thursday, after optimism over the upcoming earnings season sparked a rally on Wall Street, driving the Dow up 2.8 percent.
Asian stocks ended mostly lower Wednesday, failing to capitalize on a stronger finish on Wall Street, as doubts about global economic growth persisted.
Asian markets reversed course on Tuesday, turning positive as a strong rebound in Chinese stocks lifted sentiment.
North Asian markets edged higher on Monday as investors picked up beaten-down stocks, shrugging off the weaker-than-expected U.S. jobs report which rattled Wall Street on Friday. But shares in China led the decliners, hurt by fears of a slowdown in the Chinese economy.
Major Asian indexes traded mix on Friday, with some markets turning around after several consecutive sessions of downward trading. But the mood was cautious after weak U.S. economic data and signs of a slowdown in China fanned fears about the global recovery.
While the labor market continues to look fragile in the United States, employment growth in Asian countries appears to be robust, a recent survey showed.
Asian markets opened lower Thursday, following yet another daily decline on Wall Street, with Japan's Nikkei hitting a seven-month low.
Asian stocks tumbled after renewed jitters about the global economic outlook sparked a selloff on Wall Street, sending U.S. stocks to their lowest levels for the year.
Asian markets reversed early gains to trade lower Tuesday in lackluster trading, on course for their worst quarterly performance since the end of 2008. This mirrored a weak performance in the U.S. where Wall Street ended the session lower as investors digested mixed consumer data.
Asian stock markets ended mixed in cautious trade Monday, as investors awaited June jobs data due out Friday for clues on how the U.S. economy is faring following recent setbacks including a sharp decline in new home sales last week.
Asian stocks struggled on Friday, after fresh signs of consumer weakness and worries about stringent financial regulation sent Wall Street lower.
Asian stock markets ended mostly lower Thursday after paring earlier gains on the back of leadership changes in Australia.
Asian stocks slid on Wednesday after Wall Street closed lower as an unexpected fall in poor U.S. housing data added to worries about the fragility of the global economic recovery and optimism over China's promise to make the yuan more flexible faded further.
Asian stocks were mixed in directionless trade on Friday, after Wall Street closed with slight gains.
Asian stock markets traded rangebound on Thursday, after major indices on Wall Street ended mostly flat on mixed economic data and a disappointing outlook from FedEx.
Asian stocks jumped on Wednesday, after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis.
Asian stocks were rangebound in cautious trade on Tuesday, following Moody's downgrade of Greece's debt to junk status.
Asian stocks rose to a one-month high on Monday, led by a rally in the technology sector, after semiconductor chipmakers last week gave positive news about demand, helping Wall Street recover early losses on Friday.