China's Dalian Wanda group and Tencent said they would set up an $814 million e-commerce joint venture with Baidu as the firms compete with Alibaba.» Read More
In an exclusive interview with Xinhua News, Chinese Premier Wen Jibao discussed two key issues that are the economic equivalent of the immovable object meeting the irresistible force.
Asian stocks have opened higher on Monday in quiet trade with some markets closed for a public holiday.
Japan's benchmark Nikkei average closed down 0.40 percent at 10,494.71 on Friday, while the broader Topix shed 0.47 percent to 909.39.
Most Asian stock markets gained ground in thin pre-holiday trade on Thursday, led by Japan and China.
Maybe it's because the Chinese are new to the auto game. Maybe it's because Americans automatically think, "we invented the car business and nobody can do it better than us." Or maybe it's because some people are worried the Chinese will grow Volvo and become an increasing threat to the Big 3.
China's key stock index ended up, with telecommunications-related shares firmer on strong subscriber growth, but some recently listed companies slipped below their IPO prices with sentiment weighed down by worries over rising share supplies.
That seems to be a strategy that some investors should have employed in 2009.
Can the recovery turn into a self-sustaining expansion where the markets continue to rise? Dan Deighan, founder of Deighan Financial Advisors, shared his outlook.
Stocks pushed higher on Tuesday, as investors weighed a big jump in home sales against weaker-than-expected economic growth. Will the gains continue into the new year? Jeffrey Kleintop, chief market strategist at LPL Financial, and Bill Smead, CEO and CIO of Smead Capital Management, weighed in.
Asian stocks on Tuesday got a lift from the stronger close on Wall Street, with Seoul, Tokyo and Australian markets all closing higher, but China bucked the regional trend.
Asian stock markets were trading mixed on Monday, with technology shares getting a boost from Nasdaq's strong finish on Friday.
Asian stock markets stumbled at the open on Friday, following the sell-off on Wall Street which saw the Dow Jones Industrial index fall more than 1 percent.
Following a boom in Asian initial public offerings (IPO) this year, investors will be more discerning in 2010 as they scrutinize these offerings more closely, said Mark Konyn, CEO of RCM Asia Pacific.
Congress is reluctant to approve both because each will mean new and higher costs for American consumers at a time when they can least afford them..
Asian stock markets were mostly lower on Thursday afternoon, led by Shanghai's 2 percent slide.
Most Asian markets were in the red on Wednesday after U.S. stocks snapped their winning streak on fears of an interest rate hike and a sluggish outlook from General Electric
Fast Money has a special edition of the Halftime Report with legendary hedge fund manager James Chanos, who gave viewers his perspective on the markets in a Halftime Report exclusive.
If Copenhagen delegates want to know where the solutions to both the current climate and economic crises will come from, they need to look at the work of enterprising governors in the U.S. and Brazil.
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy and a resurgence in investment.
Asian stocks ended mixed on Tuesday as investors stayed cautious ahead of the two-day Federal Reserve meeting despite a positive end on Wall Street in the overnight session.