Americans love lower oil prices, low interest rates and a strong dollar, but companies are suffering, according to the New York Times.» Read More
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.
Like the Ansari X Prize, which was claimed in 2004 by aircraft designer Burt Rutan and financier Paul Allen for a pair of flights by SpaceShipOne, the Google Lunar X Prize is open to private industry and non-government entities worldwide.
Most of the Asian indexes closed in positive territory Thursday following a very choppy trading session, with South Korea closing almost 2% higher. Energy shares rallied as oil held near a record peak above $80 set overnight.
Japanese Prime Minister Shinzo Abe was hospitalized Thursday for psychological stress and exhaustion a day after announcing his resignation, his doctors said, amid speculation health troubles prompted him to step down.
Stocks are under pressure ahead of the opening as the dollar touches new lows, oil edges higher and Texas Instruments earning forecast disappoints. For now, stock futures are lower and European markets are mixed.
Embattled Japanese Prime Minister Shinzo Abe said on Wednesday he would resign in hope of making it easier to extend a naval mission in support of U.S.-led operations in Afghanistan, sending shockwaves through Japan.
Asian markets finished mixed Wednesday with Tokyo stocks closing lower on news that Prime Minister Shinzo Abe had resigned.
Japan's core private-sector machinery orders jumped in July, but not enough to ease investors' concerns that the turmoil in global markets may yet unsettle the Japanese economy. Japan's current account surplus hit a record high for the month of July, as a rising income surplus offset shrinkage in the trade surplus.
Asian markets found their footing and reversed losses to close mostly higher Tuesday, but China suffered heavy losses. Energy stocks rose after a surge in oil prices. Japan and South Korea closed stronger after spending most of the morning in negative territory.
Japan's core private-sector machinery orders jumped in July, but not enough to ease investors' concerns that the turmoil in global markets may yet unsettle the Japanese economy.
Asian markets pared morning losses, but still closed broadly lower in the afternoon session Monday, with exporters hit hard on concerns the U.S. economy may be heading into a recession. Japan and South Korea both closed over 2% lower.
Prime Minister Shinzo Abe faces the toughest battle of his political life in a parliament session that opens on Monday after staking his job on extending Japan's naval mission in support of U.S.-led operations in Afghanistan.
Japan's economy contracted more than expected in the second quarter, revised data showed on Monday, reinforcing views that the Bank of Japan is unlikely to raise interest rates next week amid a global credit squeeze and market fall-out.
President George W. Bush prepared for an Asia-Pacific summit in Australia, saying on Friday the United States would consider a peace treaty with North Korea if it gave up nuclear arms.
It was a mixed end to the Asian trading week. Japan's Nikkei 225 Index closed lower as investors took profit from the previous session's gains. But traders mainly took a wait-and-see approach ahead of a key U.S. jobs report due Friday.
A typhoon pounded Tokyo and surrounding areas on Friday, killing one man and injuring dozens of others as it snarled transport and cut power around one of the world's largest cities.
Asian stocks closed in broadly positive territory Thursday, with the exception of Hong Kong and Australia, despite U.S. housing data renewing fears over the strength of Asia's top export market.
Forget all the talk you will hear about people not wanting to buy a new car or truck. Some models ARE selling, and some brands ARE doing well while others muddle along. So with that in mind here is my list of who is cruising and who is losing in the auto biz.
Asian markets closed mixed following a cautious day ahead of major U.S. data due this week and an interest rate meeting by the European central bank. Japanese stocks boar the brunt of declines, while Hong Kong investors enjoyed resilience in the Hang Seng.
Asian stocks closed mixed in subdued trading on the lack of a lead from U.S. markets which were closed on Monday for a public holiday.