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  • Panic-Stricken Asian Stocks Plunge Tuesday, 22 Jan 2008 | 5:28 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks took another massive leg downwards Tuesday as growing fears of a U.S. recession renewed pressures on share prices. Hong Kong’s Hang Seng finished the session 8.7 percent lower, while Australia’s major index lost 7.1 percent.

  • Asian Stocks Sink on Economic Worries Monday, 21 Jan 2008 | 5:21 AM ET

    It was a dismal session for Asian stocks Monday, with markets dragged down by financial counters. Japan finished almost 4% lower. South Korea shed nearly 3% and Australia declined for the 11th straight session, down 2.9%.

  • Asian Markets Close Higher, Recession Fears Remain Friday, 18 Jan 2008 | 5:29 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Most Asian markets managed to bounce back and close higher Friday, except for India's Sensex index which closed down by more than 3 percent.

  • Asian Stocks End Mixed after Volatile Moves Thursday, 17 Jan 2008 | 7:01 AM ET

    Asian stocks closed mixed after a volatile trading session Thursday as investors flitted between profit-taking and bargain-hunting. Japan finished 2 percent higher -- it was down almost 1 percent at one point -- but Australia closed lower for the ninth straight session.

  • Asian Markets Sink on US Recession Fears Wednesday, 16 Jan 2008 | 5:07 AM ET

    Asian markets took a severe beating Wednesday on growing concern the U.S. economy would slump into a prolonged recession. Hong Kong's Hang Seng ended 5.4 percent lower and Japan's Nikkei index plunged over 3 percent. Even the best performing of the benchmark indexes, the Bombay Sensex, suffered a loss of 1.8 percent.

  • Asian Markets Finish Lower, Hong Kong Hit Hard Tuesday, 15 Jan 2008 | 5:24 AM ET

    Asian markets reversed gains, finishing in negative territory Tuesday with both Japan and South Korea closing down 1 percent and Hong Kong losing 2.4 percent .  The Nikkei sank below the key 14,000 support level while the KOSPI finished at five-month lows.

  • After 2 days of watching a slew of new models be introduced at the Detroit Auto Show, some impressions. 1. The Nissan GT-R is even more spectacular in person than I thought it would be.  it a Corvette "killer" that will replace the American sports car as the speedster that delivers the best bang for the buck?

  • Asian Stocks End Mostly Lower as Gold Rallies Monday, 14 Jan 2008 | 5:05 AM ET

    Asian markets ended mostly lower Monday, while the price of gold hit a new record high above $900 a troy ounce as investors sought protection against a potential U.S. recession and a weaker dollar. Hong Kong stocks closed 1.5 percent lower and South Korean shares lost almost 1 percent. 

  • Behind The Curtain: What You Can Expect Friday, 11 Jan 2008 | 4:28 PM ET

    Friday afternoon I walked into Cobo Hall in Detroit and there was a flurry of activity with cars being brought in, stages being set up, and elaborate new model introductions being rehearsed. Welcome to Detroit two days before the city's big auto show.

  • Merrill Worries Drag Asian Stocks Lower Friday, 11 Jan 2008 | 5:07 AM ET

    Asian markets closed sharply lower Friday, with the exception of China and India, as investors sold down shares after report in the New York Times that Merrill Lynch could suffer $15 billion in losses from soured mortgage investments, almost twice its orginal estimate. Japan shed almost 2 percent and South Korea finished 2.3 percent lower.

  • Asian Stocks End Lower on US Recession Fears Thursday, 10 Jan 2008 | 4:58 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 were mostly lower in the afternoon session Thursday, on worries about global growth after Goldman Sachs forecast a U.S. recession this year. Both Japan and South Korea closed over 1 percent lower.

  • Asian Markets End Higher After Late Rally Wednesday, 9 Jan 2008 | 5:40 AM ET

    Asian markets rebounded in the afternoon session Wednesday after initially falling to three-week lows on the back of Wall Street's dismal performance Tuesday.  Both Japan and South Korea clawed back into positive territory to finish the session stronger.

  • Asian Markets End Mixed, Japan Closes Higher Tuesday, 8 Jan 2008 | 5:32 AM ET

    Most Asian markets were edging higher in the afternoon session Tuesday following recent falls. Japan managed to finish slightly higher after spending most of the day in negative territory. But South Korea closed lower.

  • 2008 Ford Explorer Concept

    Have you seen the Ford Explorer lately? The current model shows just how far the once vaunted SUV has plunged, while the new Explorer America Concept is a vision of where sport utilities and Ford may be headed in the future.

  • Asian Stocks End Lower; China, India Gain Monday, 7 Jan 2008 | 5:08 AM ET

    Asian stocks continued the negative start to the year Monday as many indexes sank to two-week lows, but Chinese and Indian indexes managed robust gains. Taiwan's TIAEX closed over 4 percent lower and Singapore' Straits Times Index ended 2.5 percent down.

  • Asian Stocks End Higher, But Japan Sinks Friday, 4 Jan 2008 | 5:41 AM ET

    Japanese stocks tumbled as much as 5 percent on Friday, the first trading day in a week, as growing worries about the U.S. economy battered Wall Street.

  • Aetos Outbids Rivals for Daito Trust: Report Friday, 4 Jan 2008 | 1:42 AM ET

    A group led by U.S. investment firm Aetos Capital has outbid Morgan Stanley and others by offering 300 billion yen ($2.7 billion) for a roughly 30 percent stake in Japanese property developer Daito Trust Construction a financial source said on Friday.

  • Asian Stocks End Lower on Economic Concerns Thursday, 3 Jan 2008 | 5:12 AM ET

    Asian stock indexes finished lower across the board Thursday, with the exception of the Shanghai Composite Index, as investors were spooked by the surprise contraction in U.S. manufacturing, and the impact of record oil prices on global growth.

  • Chevy Malibu 2008

    Maybe it's because of the Iowa caucus' taking place Wednesday night. Maybe it's because at the start of a new year, it's a good time to make predictions. Or maybe it's because the auto show season is about to kick off with the automakers putting out their visions for the future. Whatever the reason, I think today is the day to ask YOU which automaker has the most to show, prove, gain, lose in 2008?

  • Asian Stocks Close Lower on US Worries Wednesday, 2 Jan 2008 | 4:20 AM ET

    Asian markets kicked off the new year under pressure on worries about a slowing global economy. But oil and gold prices continued to edge higher approaching record highs.