How to play geopolitical uncertainties, with John Rutledge, Safanad chief investment strategist; Abigail Doolittle, Peak Theories; and Zane Brown, Lord Abbett.» Read More
Asian markets closed higher across the board Thursday, with banking and technology stocks climbing after gains on Wall Street. Australia closed at a new peak while Japan finished at a six-week high.
Bear Stearns shares soared on Wednesday on a report that several investors, including Warren Buffett, may buy part of the Wall Street investment bank.
Asian stocks finished mostly in the green Wednesday, following a quiet trading day with a couple of markets closed for public holidays. The U.S. dollar hit another record low against the euro after weak U.S. economic data boosted expectations the Federal Reserve will cut interest rates again next month.
The Department of Transportation also proposed four new daily flights to China to begin in 2009. These flights would be operated by AMR's American Airlines, Continental Airlines, Northwest Airlines, and US Airways.
Renewed concerns about credit markets and a slide in the U.S. dollar hurt some Asian financial and technology stocks Tuesday, but higher metals prices pushed Australian shares to close at a record high.
Is it too late to profit from the explosive growth in China? In Monday’s Web Extra, the Fast Money gang examines whether the China trade has peaked.
Dell, the world's No.2 personal computer maker, said it would sell its latest range through China's largest electronics retailer, GOME Group, aiming to improve on its single-digit mainland market share.
Asian markets closed firmly higher Monday with Australia setting a new record close, though trading was light due to holidays in Japan, South Korea and Taiwan.
Nike beat estimates and had impressive growth globally--50% increases in sales in China! Nike is typical of the new breed of truly international companies: International sales are now 60% of total sales.
The world's largest toy maker, Mattel, apologized on Friday for damaging China's reputation after recent massive recalls of its Chinese-made toys, admitting it targeted some goods that were actually up to scratch.
Asian markets had a mixed end to the week as worries about U.S. inflation grew on the back of a persistently weak U.S. dollar. Japan closed lower but South Korea finished at a seven-week high despite spending most of the session in flat territory.
Greater China investors have much to celebrate. Despite the recent turmoil in financial markets, stocks in China and Hong Kong are still booking double- and triple-digit gains year-to-date. This week's A Fund Affair takes a look at a hedge fund that invests in Chinese companies listed across the region.
Beijing will cap a program allowing its citizens to invest in Hong Kong's stock market, regulators said on Friday, scaling back an earlier aggressive plan to open a gateway for its capital accounts.
Warren Buffett's Berkshire Hathaway has once again trimmed its stake in PetroChina. The sale of 28 million shares for roughly $40 million reduces his stake to 8.93 percent from just over 11 percent earlier this year. The selling comes amid calls by human-rights activists for Buffett to divest from PetroChina due to the government-controlled company's ties with Sudan. Buffett, however, has said he couldn't influence the Chinese if he wanted to and most analysts think he's locking in profits.
We don't know for sure why Warren Buffett's Berkshire Hathaway has been reducing its stake in PetroChina, but he's been selling more shares than you might have thought. One group that's been urging Buffett to divest as a protest against China's "funding of the genocide in Darfur" thinks there's a message in the "steady series" of sales.
In a shaky sector, this fast-food company manages to serve up consistent earnings and growth.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Asian stocks were mixed in lackluster trade Thursday. Markets drifted in a narrow range in and out of positive territory. But Japan, South Korea and Australia managed to make some gains.
I'm clearly not normal. At least,that's what I understand when I hear that flat panel TVs, GPS systems, computers and video games are at the top of gift request lists again this year. I only bought a new iPod when my old one died (Apple customer service leaves a lot to be desired) and I couldn't begin to tell you any details about my TV, other than it fits my entertainment center nicely...
Procter & Gamble, the world's top maker of household products, will consider brand acquisitions in China to shore up and expand its leading position among multinationals muscling into the booming but fractured domestic consumer goods market.
Asian markets rallied Wednesday after the U.S. Federal Reserve slashed two key interest rates -- the benchmark fed fund rate and the discount rate -- by 50 basis points each. Japan soared 3.7% and South Korea closed 3.5% higher.