This week's "Trader Poll" wants to find out: What do you think is the biggest driver of Chinese market volatility?» Read More
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.
Asian stocks tumbled Tuesday, but were off the morning session's lows, after falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen on speculation the rapid pace of recovery may not be sustainable.
Asian stocks edged up Monday, supported by buying of defensive sectors, while the U.S. dollar rose on caution ahead of a Federal Reserve meeting this week when policymakers may extend programs to keep borrowing costs low.
Asian markets snapped a four-day slide Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep recession.
Futures popped a few points as continuing claims for unemployment recorded its first weekly drop since January. While last week was a record high (about 6.8 m), this at least is a step in the right direction.
Asian markets struggled Thursday, with some investors booking profits in the last days of the second quarter after big gains scored on signs the global economy is starting to recover.
Find out why Cramer says this is a bad move. Plus, get calls on retail, biotech, the housing bottom and more.
The emerging markets of Brazil and China have led the global stock markets this year, but now options traders are looking for a pullback.
Most stocks in Asia edged lower Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped to $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.
The leaders of the BRIC nations (Brazil, Russia, India and China) are meeting today in Russia to discuss everything from the financial crisis to the U.S. dollar. Wendy Trevisani, co-portfolio manager of Thornburg Investment Management, discuss the importance of the BRICs and the best places to invest.
Russia proposed a new world reserve currency that would be issued by international financial institutions to reduce reliance on the U.S. dollar. However, Liam Halligan, chief economist at Prosperity Capital Management said the west does not need to be scared, but should learn to “cohabitate” and share the prosperity around the globe.
Asian markets extended losses Tuesday, in the wake of Wall Street's biggest tumble in a month, while government bonds and the yen rose, as investors cut down on riskier assets, demanding evidence of a sustained recovery.
Traders are eager to see what comes out of the BRIC summit, Tuesday. Will it generate a new and powerful coalition?
Asian markets edged lower Monday and pulled back from eight-month highs hit earlier this month, as investors fretted over whether the global economy had improved enough to justify a further rally.