CNBC's Japan correspondent, Kaori Enjoji, reports on the "extremely volatile" Nikkei session which saw record volumes being traded and ended with a 7.3% loss.» Read More
Up to 90 percent of paper money in the United States contains traces of cocaine, according to a study by the American Chemical Society released Monday.
Foreign demand for long-term U.S. financial assets rebounded in June even though China and Russia trimmed their holdings.
Asia drops as Japanese GDP--while growing--disappoints. You would think global markets would be delighted to hear that Japan had positive GDP growth for the first time in five quarters.
Get used to seeing more triple digit fuel economy ratings as Toyota, Ford, Chrysler, and other niche players start rolling out the electric line-ups over the next 3-4 years.
In the new GM, where the big push is getting closer to the customer, there's an interesting experiment the company is about to launch.
Asian stocks ended slightly higher on Tuesday but investors stayed cautious after economic data from China showed a weaker-than-expected increase in July industrial output. This also followed a lower end in the U.S. as investors took a breather after a four-week rally.
One month after exiting bankruptcy and vowing to do business differently, GM is going on-line as it strives to improve its bottom line. The auto maker is teaming up with eBay to sell new cars on line in the state of California. It's a deal the two companies have been working on for a few months and it should be a win/win.
Asian markets marched higher on Monday after the latest U.S. employment numbers showed signs of a stabilizing job market, raising hopes that the United States can lead the world out of a recession.
The world economy needs a second stimulus if it is to avoid the fate of Japan in the 1990s when it was stuck with years of sluggish growth, Nobel laureate and professor of economics Paul Krugman told CNBC.
Ever since Washington first signed off on Cash for Clunkers, I've heard a steady chant of criticism about the program....While I've heard all these concerns, I'll be honest that there are very few I agree with.
Asian stocks dipped Friday as investors grew cautious before a key U.S. jobs report, while the Australian dollar got only a brief lift despite signals from the central bank that interest rates could rise over time.
Stocks in Shanghai dropped as much as 3% Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.
Asian markets took a tumble late in the session Wednesday, as selling accelerated causing stocks to slump. Japan closed down over 1% after trading flat for most of the session.
I can still remember the day a few years ago when Alan Mulally, recently installed as the Ford spacer CEO, told me his company was changing the name of the Ford 500 to Taurus. Along a few slight styling tweaks, the idea was to bring the Taurus name back and stoke some recognition with buyers who were writing off the blue oval.
Global stocks were lower Tuesday after reaching new year highs the previous day. But experts tell CNBC certain 'landmines' could cause markets to pull back in the second half of this year.
Asian stocks climbed to an 11-month high Tuesday on hopes a V-shaped recovery may be forming in the United States, while the Australian dollar hit its highest since late September after solid housing and retail sales data.
The United States, Europe and Japan still face the possibility of a double-dip recession and at the very least will experience below-potential economic growth for the next couple of years, economist Nouriel Roubini told CNBC Monday.
Asian markets inched up to an 11-month high Monday on mounting evidence that the global economic recovery is picking up speed, giving a boost to oil and copper prices while hurting the safe-haven U.S. dollar.
Global stocks rose Thursday after European corporate earnings cheered investors. Experts tell CNBC to play it safe as the economy will recover slowly.
Global stocks were mixed Wednesday, as a major selloff in China dragged down oil prices. Experts tell CNBC that although they expect Asian and US markets to trade higher in the long term, it might be good to add some cyclical plays to investors' portfolios.