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  • Auto Sales Numbers Are Just Plain UGLY Monday, 3 Mar 2008 | 2:58 PM ET
    Ugly Auto Sales

    We knew they would be bad, and they were. In fact, February auto sales make it clear, the consumer is tired, nervous, worried: you-fill-in-the-adjective. Look at the numbers: GM down  16.7 percent (including trucks down more than 22 percent)

  • Asian Stocks Get Hammered, Tokyo Loses 4.5% Monday, 3 Mar 2008 | 4:48 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks bled into the afternoon Monday, with Tokyo the hardest hit market, closing 4.5 percent lower, burdened by growing fears about a U.S. recession and more writedowns in the financial sector.

  • Asian Markets Decline, Japan Closes 2% Lower Friday, 29 Feb 2008 | 5:09 AM ET

    Asian markets were heavily soldoff Friday, with the exception of Chinese stocks, as the specter of a U.S. recession haunted Asian investors as the U.S. dollar hit a three-year lower against the yen and gold and oil prices struck all-time highs.

  • Inflation in Japan at Decade High, Eyes on Europe, US Thursday, 28 Feb 2008 | 10:11 PM ET
    Shopper with bags

    Japan's industrial production fell twice as much as expected in January, sending stock prices lower on heightening concern that the country's economy may slow down or even contract in the first quarter of 2008.

  • They've done it again. The Asian automakers, especially the Japanese dominate the latest Consumer Reports survey (subscription needed for full reports) on auto reliability. Of the 33 models CR picked to be "most reliable," 23 are from Japanese automakers. Some, like the Toyota Prius, we've come to expect to see on the list.

  • Economic Concerns Drag on Asian Stocks Thursday, 28 Feb 2008 | 5:05 AM ET

    Asian markets ended mostly lower Thursday as worries about the sickly U.S. economy were exacerbated by a falling dollar, which could prop up U.S. firms at the expense of Asia's exporters.

  • Japan Industrial Output Slides, Slowdown Feared Wednesday, 27 Feb 2008 | 8:43 PM ET

    Japan's industrial production fell twice as much as expected in January, sending stock prices lower on heightening concern that the country's economy may slow down or even contract in the first quarter of 2008.

  • Asian Markets Rally, Japan Closes at Six-Week High Wednesday, 27 Feb 2008 | 5:22 AM ET

    Asian markets closed higher across the board Wednesday, marking a third straight session of gains. Hong Kong was the best performer, closing over 3 percent higher, and Japan ended over 1 percent up.

  • Asian Rally Fizzles Out, Japan Ends Weaker Tuesday, 26 Feb 2008 | 5:41 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian stocks pulled back from an early rally to close broadly higher Tuesday. Japan ended weaker and South Korea closed flat. But Australia managed to hang on to its advance to finish in positive territory.

  • Financial Stocks Boost Asian Markets Monday, 25 Feb 2008 | 5:18 AM ET

    Asian markets rallied in the afternoon session Monday with financials stocks advancing on talks of a possible rescue plan for U.S. bond insurer Ambac. Japan surged 3 percent, but Shanghai shares slumped over 4 percent.  

  • China's Sovereign Fund Eyes Japan, Inpex: Times Sunday, 24 Feb 2008 | 9:40 PM ET

    China's sovereign wealth fund plans to buy as much as $10 billion in Japanese stocks and may consider purchasing a large stake in oil and gas developer Inpex Holdings, Britain's Times newspaper said.

  • Asian Markets Finish Lower on US Recession Fears Friday, 22 Feb 2008 | 5:31 AM ET

    Asian markets closed lower Friday, with investors spooked by fresh evidence that the U.S. economy is in recession. Japan and South Korea both closed 1 percent lower.

  • Asian Markets Rise on Hopes of Rate Cut Thursday, 21 Feb 2008 | 5:26 AM ET

    Most Asian markets made firm gains Thursday, as solid earnings and expectations of further U.S. interest rate cuts outweighed worries about inflation, even as oil hit a record high above $101 a barrel.

  • Asia Weak, Commodities Taking A "Break" Wednesday, 20 Feb 2008 | 10:29 AM ET

    Asia is weaker (Japan down over 3 percent). Some chatter about a unit of KR asking for restructuring of billions of dollars in short-term debt, reported overnight by the Wall Street Journal in Tokyo. Commodities--including energy, base and precious metals--taking a breather this morning.

  • Asian Stocks Sink on Renewed Credit Fears Wednesday, 20 Feb 2008 | 4:49 AM ET

    Asian markets closed sharply lower Wednesday with Japan losing over 3 percent lower and both Australia and South Korea ending around 2 percent down.

  • Chrysler's Road Ahead Tuesday, 19 Feb 2008 | 10:41 AM ET

    I hear it all the time from car buffs, Chrysler fans, and those who lament the struggles of the American automakers. It goes something like this: "Why is Chrysler cutting back here in the U.S. and looking to expand overseas?"

  • Banks, Exporters Lift Asian Markets Tuesday, 19 Feb 2008 | 5:06 AM ET

    Asian stocks ended mostly in the green Tuesday as investors, sought undervalued bank shares and exporters that could gain from a modestly stronger U.S. dollar. Japan, South Korea and Australia all closed stronger.

  • Asian Markets End Mixed, Hong Kong Falls Monday, 18 Feb 2008 | 5:26 AM ET

    Asian stocks closed mixed Monday, as investors shrugged off a rash of weak economic indicators to keep most markets afloat. Japan and South Korea closed just a touch higher, which the Hong Kong market fell.

  • Asian Stocks End Mixed, Japan Flat Friday, 15 Feb 2008 | 5:40 AM ET

    Asian stocks ended the week with a mixed session Friday, but off their earlier lows. Japan closed almost flat despite making sharp losses in the morning.  South Korea finished just slightly lower.

  • BOJ Keeps Rate Steady as Expected, Fukui Awaited Friday, 15 Feb 2008 | 12:37 AM ET

    The Bank of Japan left its policy rate target unchanged at 0.5 percent on Friday as uncertainty persists over the nation's economic outlook despite resilient growth figures for the last quarter of 2007.