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  • Asian Markets Close Higher in Global Rally Thursday, 27 Sep 2007 | 6:07 AM ET

    Asian markets closed higher across the board Thursday, with banking and technology stocks climbing after gains on Wall Street. Australia closed at a new peak while Japan finished at a six-week high.

  • GM And UAW Seal Deal: Was Strike Worth It? Wednesday, 26 Sep 2007 | 10:17 AM ET
    Ron Gettelfinger, United Auto Workers President

    I can't say I'm a fan of the 3:15 am wake up call, but this one I didn't mind. By 4 am I was interviewing UAW President Ron Gettelfinger about the new contract his union signed with General Motors. The strike is over and both sides get what they need out of this deal.

  • Carlyle Plans India, Japan Property Deals Wednesday, 26 Sep 2007 | 7:37 AM ET

    The Carlyle Group hopes to seal its first property deal in India this year and is buying homes for the elderly in Japan, as the private equity firm's real estate arm looks to make inroads in Asia.

  • Asian Stocks Close Mostly Higher, China Falls Wednesday, 26 Sep 2007 | 5:43 AM ET

    Asian stocks finished mostly in the green Wednesday, following a quiet trading day with a couple of markets closed for public holidays. The U.S. dollar hit another record low against the euro after weak U.S. economic data boosted expectations the Federal Reserve will cut interest rates again next month.

  • Japan Trade Surplus Soars on Strong Exports Tuesday, 25 Sep 2007 | 10:59 PM ET

    Japan's trade surplus nearly quadrupled in August from a year earlier as strong exports to Europe and Asia offset a slowdown in shipments to the United States, data showed on Wednesday, but economists were watching for possible fallout from softer U.S. growth.

  • Asian Markets Close Mixed, Australia Sets New Record Tuesday, 25 Sep 2007 | 5:45 AM ET

    Renewed concerns about credit markets and a slide in the U.S. dollar hurt some Asian financial and technology stocks Tuesday, but higher metals prices pushed Australian shares to close at a record high.

  • Asian markets closed firmly higher Monday with Australia setting a new record close, though trading was light due to holidays in Japan, South Korea and Taiwan.

  • Ruling Party Picks Fukuda to Lead Japan Sunday, 23 Sep 2007 | 7:13 PM ET

    Japan's ruling party  picked Yasuo Fukuda, an advocate of warmer ties with Asian neighbors, to be the next prime minister, but the 71-year-old lawmaker faces a likely policy deadlock in a divided parliament.

  • Asian Markets Close Mixed, U.S. Inflation in Focus Friday, 21 Sep 2007 | 5:15 AM ET

    Asian markets had a mixed end to the week as worries about U.S. inflation grew on the back of a persistently weak U.S. dollar. Japan closed lower but South Korea finished at a seven-week high despite spending most of the session in flat territory.

  • Japan's Sharp, Pioneer Form Alliance Thursday, 20 Sep 2007 | 10:07 PM ET

    Japan's Sharp and Pioneer will form comprehensive capital and operational alliances.  The two electronics makers agreed to cross-hold each other's shares through third-party allotments. Pioneer plans to issue new shares in December worth $357 million that will go to Sharp.

  • Asian Markets Close Mixed, Japan Makes Gains Thursday, 20 Sep 2007 | 5:45 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 mixed in lackluster trade Thursday. Markets drifted in a narrow range in and out of positive territory. But Japan, South Korea and Australia managed to make some gains. 

  • HSBC's Green Not Considering Japanese Acquisitions Thursday, 20 Sep 2007 | 2:39 AM ET

    HSBC is not considering acquisitions in Japan and will instead focus on growth by itself as it rolls out retail banking in the world's second-largest economy, HSBC Chairman Stephen Green said on Thursday.

  • Asian Markets Finish Sharply Higher on U.S Rate Cut Wednesday, 19 Sep 2007 | 5:22 AM ET

    Asian markets rallied Wednesday after the U.S. Federal Reserve slashed two key interest rates -- the benchmark fed fund rate and the discount rate -- by 50 basis points each. Japan soared 3.7% and South Korea closed 3.5% higher.

  • American Cars: To Buy Or Not To Buy--Would You? Tuesday, 18 Sep 2007 | 11:24 AM ET
    2007 Lexus LS

    We all know them. The person who swears they'll never drive anything but Mercedes, BMW, or Lexus. When it comes to brand loyalty and the prospect of considering different brand cars and trucks, the foreign guys have enjoyed the type of loyalty American car companies crave.

  • Asian Markets Close Mostly Lower as Financials Weigh Tuesday, 18 Sep 2007 | 6:03 AM ET

    Asian markets were mostly lower Tuesday as financial shares lost ground amid spreading turmoil in financial markets.  Japan shed 2% while South Korea closed 1.77% lower.

  • Japan LDP Supporters Favor Fukuda for Next Leader Monday, 17 Sep 2007 | 11:13 PM ET

    Former cabinet minister Yasuo Fukuda appears a shoo-in to become Japan's next prime minister after a poll showed on Tuesday that most rank-and-file supporters of the ruling party -- like lawmakers -- backed him for the job.

  • Asian stocks finished mostly lower Monday, taking a breather after four straight weeks of gains. The Shanghai Composite Index closed 2% higher and South Korea ended a touch stronger after spending most of the day in negative territory. Australia finished weaker. A public holiday in Japan kept the yen subdued. Markets there were closed for a holiday and will reopen Tuesday.

  • Japan's Fukuda Is Set for Landslide Win in PM Race Sunday, 16 Sep 2007 | 11:47 PM ET

    Yasuo Fukuda is the runaway favorite to become Japan's next prime minister, according to a newspaper poll of ruling party lawmakers who will vote for a new leader on Sunday.

  • Asian Markets Close Higher, Boosted by Financials Friday, 14 Sep 2007 | 5:02 AM ET

    Asian markets finished the week higher across the board, boosted by financial shares with Japan closing almost 2% higher. However caution ahead of U.S. retail sales data due later in the session kept the U.S. dollar under pressure.

  • Support Is Growing for Japan's Fukuda in PM Race Friday, 14 Sep 2007 | 12:35 AM ET

    Momentum grew in Japan's ruling party on Friday to back 71-year-old lawmaker Yasuo Fukuda, known for his pro-Asian diplomacy, as successor to Prime Minister Shinzo Abe after his shock resignation.