• Toyota's Prius: Worthy Of Its Popular Praise? Thursday, 13 Mar 2008 | 11:25 AM ET
    2007 Toyota Prius

    If you are in that group of people sick and tired of hearing about the popularity of the Toyota Prius, click off this page. Do it. I won't be offended and based on the e-mails I get here at Behind the Wheel, I know there are a lot of you who think the Prius is praised too much.

  • Asian Stocks Sink on Carlyle Default Thursday, 13 Mar 2008 | 6:29 AM ET

    Asian markets sank Thursday with investors spooked by news that Netherlands-listed fund Carlyle Capital, expects its lenders to seize its assets and cause its likely liquidation. Carlyle Capital is an affiliate of private equity firm Carlyle Group.

  • Toyota Expects Steady U.S. Demand, Worried About Yen Thursday, 13 Mar 2008 | 5:56 AM ET
    2007 Toyota Corolla

    The head of Toyota Motor said he expected steady demand in North America this year despite a slowing economy, and said the automaker may need to take steps to counter a surging yen.

  • Asian Stocks End Higher on Fed-Inspired Rally Wednesday, 12 Mar 2008 | 6:32 AM ET

    Asian stocks closed firmly higher Wednesday, though off their earlier highs, after the U.S. Federal Reserve, in a joint effort with other central banks, said it would add up to $200 billion in funds to help resuscitate strained credit markets.

  • Japan Opposition Vetoes BOJ Governor Nominee Tuesday, 11 Mar 2008 | 9:28 PM ET

    Opposition lawmakers vetoed the Japanese government's pick for central bank governor on Wednesday, leaving the Bank of Japan in the middle of the global credit crisis with no successor to Governor Toshihiko Fukui one week before he retires.

  • Asian Markets Swing Into Black, Japan Adds 1% Tuesday, 11 Mar 2008 | 6:28 AM ET

    Asian markets moved out of negative territory and closed higher Tuesday. Japan and South Korea both ended over 1 percent higher despite initial sharp losses during the morning.

  • Investors study shares prices during the morning trading at RHB private stock market gallery in Kuala Lumpur, Friday, Feb.3, 2006. Malaysia's key stock index rose Friday to a 15-week high as foreign funds plowed into key bluechips after a long holiday. The Composite Index of 100 blue chip stocks ended at 927.85 points, up 13.84 points or 1.5 percent from last Friday's close. (AP Photo) **MALAYSIA OUT**

    Asian stocks slumped to a seven-week low Monday, following a fall in U.S. stocks last Friday, after data showed employment fell in February at its fastest rate in five years, heightening worries about the economy.

  • Japan PM Says No Plan for New BOJ Chief Candidate Monday, 10 Mar 2008 | 2:10 AM ET

    Japanese Prime Minister Yasuo Fukuda on Monday said the government had no plans to put forward a different candidate for the next central bank chief, despite resistance from opposition parties towards current nominee Toshiro Muto.

  • Asia Bleeds Red as Financials Get Slammed Friday, 7 Mar 2008 | 5:12 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian markets performed dismally Friday as fears of more credit-related losses hit financial shares and a record low U.S. dollar routed exporters. Japan, Australia and Hong Kong all closed over 3 percent lower. 

  • Japan Government Picks Muto to Head Central Bank Thursday, 6 Mar 2008 | 9:29 PM ET

    The Japanese government plans to put forward deputy central bank governor Toshiro Muto as the next head of the Bank of Japan, Japanese media reported, but it was unclear if opposition lawmakers would accept or veto him. 

  • Asian Markets Climb, Japan Adds Over 1% Thursday, 6 Mar 2008 | 6:02 AM ET

    Asian markets rallied Thursday, with Japan and South Korea both finishing over 1 percent higher after more positive economic data out of the U.S. eased investor concerns over a global recession.

  • 9-Year Auto Loans?! 'Crazy' But True! Wednesday, 5 Mar 2008 | 10:56 AM ET

    Here's something that should make you realize what crazy times we are living in: 9-year auto loans are popping up around the country. That's right, it wasn't a typo. Nine years! 108 months! Almost a third of the time used to pay off a conventional mortgage!

  • Buying Opportunities in Dwindling Carry Trades Wednesday, 5 Mar 2008 | 9:05 AM ET
    Dollar and Yen

    The foreign exchange maneuver known as the carry trade looks set to continue unwinding, with bearish investors scared of risks. But buying opportunities might emerge from the trend, analysts told CNBC on Wednesday.

  • Asian Markets Drift Lower as Credit Fears Linger Wednesday, 5 Mar 2008 | 5:01 AM ET

    Asian stocks had a shaky performance Wednesday with markets drifting back and forth for most of the session, but ending mainly lower as credit worries and fears over the health of the U.S. economy lingered.

  • Japan Capex Slides; Quarter Growth Seen Hard Hit Tuesday, 4 Mar 2008 | 10:21 PM ET

    Japanese corporate capital spending fell the most in five years, fourth-quarter figures showed, pointing to a sharp downward revision in growth and reinforcing expectations of a rate cut later this year.

  • Asian Stocks End Mostly Lower, Taiwan Gains Tuesday, 4 Mar 2008 | 5:13 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 markets closed mostly lower Tuesday, having drifted in and out of negative territory during volatile trading. Japan closed flat, but Chinese stocks ended 2.3 percent in the red. Gold and platinum hovered at or near record highs.

  • 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.