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  • Asian Markets Close Lower, Fed Disappoints Wednesday, 12 Dec 2007 | 4:54 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian markets closed mostly lower Tuesday, after the U.S. Federal Reserve's decision to cut interest rates failed to shore-up investor confidence. South Korean and Australian markets managed to finish slightly higher, however.

  • Here's an interesting move: take a large SUV that struggles to get great mileage and export it to a market known more for compact cars. That's what GM is doing with its HUMMER brand and its expansion into Japan. I'm not sure this makes sense.

  • Asian Markets End Higher Ahead of Fed Decision Tuesday, 11 Dec 2007 | 4:58 AM ET

    Asian markets ended firmly in the green Tuesday in the run up to an interest-rate decision in the U.S. and following a Wall Street rally Monday as credit concerns eased. 

  • Japan Panel Set to Extend Stock Tax Cuts in Part Tuesday, 11 Dec 2007 | 1:39 AM ET

    A tax panel of Japan's major ruling party has agreed to extend tax cuts on capital gains and dividends to cushion the impact of ending them on a faltering stock market, while setting a ceiling on income subject to the lower rate.

  • Asian Markets End Lower, Shanghai Gains Tuesday, 11 Dec 2007 | 1:30 AM ET

    Asian markets ended mostly lower Monday as caution prevailed ahead of a U.S. central bank policy meeting due early this week. Japan closed a touch lower, but South Korea shed almost 1.4 percent.

  • Asian Markets End Higher, Hong Kong Slumps Friday, 7 Dec 2007 | 5:16 AM ET

    Asian markets finished mostly higher Friday, as worries about a U.S. recession eased after American President George W. Bush unveiled plans aimed at stemming U.S. home-loan foreclosures. Japan closed at a four-week high, but Hong Kong and South Korea finished firmly in the red.

  • Asian Markets End Mostly Higher, US Fears Ease Thursday, 6 Dec 2007 | 5:09 AM ET

    Asian markets closed mostly higher Thursday, as investors were cheered by upbeat U.S. data. Australia, South Korea and Japan all finished higher, but Singapore and China slipped into the red.

  • Asian Markets Close Higher, Australia Slips Wednesday, 5 Dec 2007 | 5:07 AM ET

    Asian markets closed in positive territory Wednesday, with the exception of Australia's S&P/ASX 200 index, despite growing fears the U.S. economy might slip into recession. Both South Korea and Japan closed higher after spending most of the morning in negative territory.

  • Asian Stocks End Mixed, Japan Sinks 1% Tuesday, 4 Dec 2007 | 5:05 AM ET

    Asian markets finished mixed Tuesday as investors fretted over the health of the U.S. economy. Japan closed almost 1 percent lower, but South Korea and China made gains of almost 1 percent.

  • Your Car Or Truck: Would You Buy It Again? Monday, 3 Dec 2007 | 8:53 AM ET

    I heard it again Saturday night. I was talking to a friend at a party and he said, "I want a car I'm gonna like...I mean really like." I chuckled and told him, "Join the club." After giving him some suggestions I told him about the latest survey from Consumer Reports on the models with the most satisfied owners.

  • Asian Markets Close Flat, Tokyo and Seoul Slip Monday, 3 Dec 2007 | 5:18 AM ET

    Asian stock markets took a breather Monday and were largely unchanged from Friday's close, after posting their best weekly gain in more than three months last week. Japan and South Korea both closed a touch lower.

  • Asian Stocks Close Higher, Shanghai Sinks Friday, 30 Nov 2007 | 4:56 AM ET

    Asian markets closed mostly higher Friday after comments by Federal Reserve Chairman Ben Bernanke raised hopes for an interest-rate cut in December, but China's Shanghai Composite Index ended sharply lower as PetroChina and financial stocks fell.

  • Asian Markets Close Higher on US Rate-Cut Hopes Thursday, 29 Nov 2007 | 4:56 AM ET

    Asian markets ended higher across the board Thursday, as risk appetite returned to the market after comments from the vice chairman of the Federal Reserve bolstered expectations for a U.S. interest rate cut.

  • Asian Markets Close Lower, Hong Kong Gains Wednesday, 28 Nov 2007 | 5:14 AM ET

    Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning.  Japan finished down while South Korea closed over 1 percent lower.

  • Asian Markets Close Mixed, Financials Gain Tuesday, 27 Nov 2007 | 5:01 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 see-sawed in volatile trade Tuesday to end mixed as financial counters rebounded on news that Citigroup will receive a large cash infusion from the investment arm of the Abu Dhabi government. The news pushed the Japanese and South Korean markets back into the black after spending most of the session in negative territory.

  • Asian Stocks Close Higher, Shanghai Slips Monday, 26 Nov 2007 | 5:15 AM ET

    Asian markets surged to close firmly in the green Monday, with the exception of China's Shanghai Composite index, reversing four straight weeks of losses. Tokyo gained 1.6 percent, but South Korea came out tops with a whopping 4.7 percent advance.

  • Asian Stocks End Mixed, Hong Kong Rallies Friday, 23 Nov 2007 | 4:59 AM ET

    It was a mixed session for Asian stocks on Friday with some markets gaining ground as investors picked up beaten-down shares after a six-session losing streak. But trading was dulled by holidays in Japan and the United States.

  • Mittal Group Eyes Burren Energy Assets: Report Thursday, 22 Nov 2007 | 9:51 AM ET

    Steel baron Lakshmi Mittal may be assessing a bid for Burren Energy, the Economic Times said on Thursday, shortly after Italian oil major Eni dropped a possible $3.5 billion bid for the British oil producer.

  • Asian Stocks Close Lower on US Concerns Thursday, 22 Nov 2007 | 5:13 AM ET

    After a volatile trading session, Asian markets ended mostly lower as caution prevailed amid worries about the health of the U.S. economy -- the region's top export destination.

  • ArcelorMittal Buys Control of Chinese Steel Mill Wednesday, 21 Nov 2007 | 11:57 PM ET

    Arcelor Mittal, the world's largest steel maker, has raised its stake in China Oriental Group to over 73 percent, becoming the first foreign firm to take control of a Chinese steel maker.