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  • Asian Markets Rebound on Bargain Hunting Tuesday, 27 May 2008 | 5:17 AM ET
    A stockbroker watches his terminal during trading in Bombay, India, Thursday, May 18, 2006. Indian shares plunged Thursday, with the benchmark stock index tumbling 6.8 percent, or more than 800 points, its biggest point drop ever, largely on fears of higher taxes on foreign funds that invest in Indian stocks. (AP Photo/Rajesh Nirgude)

    Asian markets rebounded Tuesday from the previous session's dip, as bargain hunters scoured the market after five days of losses. Both Japan and South Korea finished over 1% higher.

  • Japan Government in More Strife over BOJ Board Tuesday, 27 May 2008 | 12:12 AM ET
    Japanese businessmen cross a road in front of the Bank of Japan Tuesday, Feb. 20, 2007. The strength of Japan's economic growth is among the factors the central bank will weigh as its policy board begins a two-day meeting to decide whether to raise interest rates. (AP Photo/Katsumi Kambayashi)

    Japanese government plans to fill one of two vacancies on the Bank of Japan's rate-setting policy board were thrown into disarray on Tuesday when the name of a nominee was leaked to the media, upsetting opposition lawmakers.

  • Asian Markets Tumble, Japan Sheds 2.3% Monday, 26 May 2008 | 6:11 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks retreated into negative territory Monday, with most markets down more than 1% on fears that slowing U.S. consumer demand will hurt Asia's export-oriented economies. Japan shed 2.3% while South Korea slipped 1.5%.

  • Asian Markets Are Mixed, Australia Sheds 1% Thursday, 22 May 2008 | 8:23 PM ET
    tse.jpg

    Asian markets were mixed Friday following a pullback in oil prices. A stronger U.S. dollar lifted some exporters in the region. Japan managed to close slightly higher but Australia shed 1 percent, weighed down by declining resource stocks.

  • Asian Markets End Mixed, Japan Closes Higher Thursday, 22 May 2008 | 4:48 AM ET
    Singapore Skyline.jpg

    Asian markets pared back earlier losses Thursday to give a mix performance, though prospects of higher inflation and a weak U.S. economy kept investors cautious. Japan and Australia both managed to close in positive territory.

  • Japan Exports Boosted by China, Emerging Markets Wednesday, 21 May 2008 | 10:43 PM ET
    Japanese Flag

    Japan's exports rose more than expected in April from a year earlier, as a surge in shipments to China and other developing countries cushioned the blow of U.S. economic weakness.

  • Honda Revs Up The Hybrid And Hydrogen Fuel Cell Race Wednesday, 21 May 2008 | 8:53 AM ET
    2007 Honda FCX

    In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S.

  • Surging Oil, Fading Consumer Demand Rattles Asia Wednesday, 21 May 2008 | 5:31 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 were sharply lower Wednesday as fears about consumer demand in the face of high oil prices rattled investors. Japan closed 1.6% lower while Australia shed 1.4%.

  • Asian Markets End Lower on Inflation Fears Tuesday, 20 May 2008 | 5:27 AM ET
    China Skyline.jpg

    Asian stocks ended lower on Tuesday, snapping a six-day rising trend, weighed by retailers as oil continued a relentless rise, keeping inflation fears high.

  • Bank of Japan Keeps Rates Steady in Uncertain Times Monday, 19 May 2008 | 11:26 PM ET
    BoJ.jpg

    The Bank of Japan left interest rates unchanged at 0.5 percent on Tuesday, as expected, opting to take more time to determine when the fog will clear from the economy -- both in Japan and around the world.

  • Asian Markets Advance, Japan Hits 4-Month High Monday, 19 May 2008 | 5:20 AM ET
    tse2.jpg

    Asian markets hit a new four-month high Monday as a relentless rise in oil prices bolstered resource shares, but wariness about inflation and doubts about the U.S. economy kept gains in check.

  • Markets See Cautious Rise But Japan Ends Lower Friday, 16 May 2008 | 5:52 AM ET
    sydney.jpg

    Asian stocks rose cautiously Friday with markets modestly higher with Australia finishing just below the 6,000 level. But Japan closed in negative territory on profit-taking after spending most of the session in the black.

  • Japan's Economy Grows 0.8% on Consumption, Exports Thursday, 15 May 2008 | 10:16 PM ET
    Japanese Flag

    Japan's economic growth unexpectedly picked up pace in the first quarter thanks to firm exports and consumption, allaying fears that deepening global financial market problems may take a toll on the world's second-largest economy.

  • Tata's 100 Miles Per Gallon Bet Thursday, 15 May 2008 | 10:23 AM ET
    Tata Motors

    Here's one for those of you who think auto manufacturers should be trying to build cars that get 100 mpg (and yes, there are a lot of you out there based on the e-mails I get from you). Tata Motors is the first mass-market automaker to enter the automotive X Prize competition...

  • Asian Markets Rally as US Inflation Fears Ease Thursday, 15 May 2008 | 5:09 AM ET
    tse.jpg

    Asian markets ended mostly higher Thursday after investors welcomed benign U.S. consumer data which eased inflation fears. South Korea led the advanced finishing over 2 percent higher.

  • Japan Machinery Orders Slide, Clouding Outlook Wednesday, 14 May 2008 | 11:37 PM ET
    Japanese Flag

    Japan's core private-sector machinery orders, a key gauge of corporate capital spending, slid to their lowest in almost three years in March, with manufacturers predicting more declines ahead, adding to worries that flagging capital spending will stymie growth.

  • Asian Markets End Mostly Higher, Financials Slip Wednesday, 14 May 2008 | 6:07 AM ET

    Asian markets turned mostly higher after a lackluster start Wednesday. Both Japan and Australia closed the session 1 percent higher.

  • chevy_volt_new.jpg

    The future of mass market quantities of electric cars is getting a big push today from one on the more "electric" leaders in the auto industry. Nissan/Renault CEO Carlos Ghosn is expected to announce his company plans to sell its first electric cars in the U.S. by 2010--according to the New York Times.

  • Asian Markets Mostly Higher, Quake Weighs on China Tuesday, 13 May 2008 | 5:51 AM ET

    Asian markets were mostly higher Tuesday with Tokyo and Seoul both gaining over 1%.  But Chinese markets were weighed down by uncertainty following a devastating earthquake in Sichuan.

  • Strong Dollar Lifts Asian Markets, Japan Ends Higher Monday, 12 May 2008 | 5:23 AM ET

    Asian markets closed mostly higher Monday, as a stronger U.S. dollar cheered investors and lifted exporters. Both Australia and Japan closed up with Australia gaining almost 1 percent.