North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.» Read More
SEOUL, April 9- U.S. crude oil futures remained close to $93.50 a barrel on Tuesday, with investors shifting their attention to Chinese inflation data for clues on the outlook for demand in the world's second largest economy.
TOKYO, April 9- The yen fell to new multi-year lows on Tuesday, pressured by the Bank of Japan's aggressive reflationary campaign, while Asian equities looked for support from a solid start to the U.S. quarterly earnings season. The MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade.
North Korea has taken 51,000 workers out of a factory complex that is jointly run with South Korea, and JC Penney's CEO Ron Johnson is stepping down, reports CNBC's Josh Lipton. Discussing gun control, with the "Kudlow Report" crew.
Kim Jong-un is bending to no one. John Bussey, WSJ, and Peter Navarro, University of California professor, discuss.
*Dollar poised to break 100 yen level. *Euro shrugs off Portugal worry as Spain, Italy yields fall. NEW YORK, April 8- The yen fell to its lowest against the dollar in nearly four years on Monday and reached a three-year trough versus the euro after the Bank of Japan, in an attempt to eradicate persistent deflation, kicked off an aggressive program of monetary easing.
*Euro shrugs off Portugal worry as Spain, Italy yields fall. NEW YORK, April 8- The yen plummeted to its lowest against the dollar in nearly four years and reached a three-year trough versus the euro on Monday after the Bank of Japan kicked off its aggressive monetary easing program in an attempt to beat persistent deflation.
Marc Faber, Gloom Boom & Doom Report editor, reveals his bleak outlook on the markets this summer; and explains why events like Cyprus are likely to happen in more countries.
BEIJING- China is confident it can control an outbreak of a new strain of bird flu, a senior Chinese health official said on Sunday as the World Health Organization said there had now been 21 human cases of the H7N9 flu with six deaths.
TOKYO, April 8- The yen tumbled while Japanese stocks and government bonds rallied on Monday as the Bank of Japan lost no time embarking on its ambitious stimulus drive, but weak U.S. jobs data and regional risks such as North Korea weighed on other assets.
*MSCI Asia ex- Japan hits 4- month lows, bird flu, N.Korea jitters weigh. TOKYO, April 8- The yen tumbled and Japanese stocks soared on Monday as the Bank of Japan lost no time embarking on its ambitious stimulus drive, but U.S. weak jobs data and regional risks such as the bird flu and North Korea weighed on other assets.
*Euro shrugs off Portugal worry as Spain, Italy yields fall. NEW YORK, April 8- The yen slumped near a four-year low against the dollar and a three-year trough against the euro on Monday after the Bank of Japan kicked off its aggressive monetary easing program in an attempt to beat persistent deflation.
Colin Chapman, Vice President, Asia Pacific at STRATFOR says that Kim Jong Un's current threats to the South and the U.S. are only because he is trying to keep his regime alive.
As the rhetoric from North Korea flares up, NBC's Jim Maceda has the latest update.
SEOUL, April 8- U.S. crude steadied below $93 per barrel on Monday, retaining most of its steep losses from the previous week as poor jobs data fuelled worries about demand from the world's top oil consumer. *U.S. crude gained 7 cents a barrel at $92.77 as of 0105 GMT, after dropping to a two-week low of $91.91 in the previous session.
SINGAPORE, April 8- Gold edged lower on Monday, but stayed near highs hit in the previous session when it rose by the most since November on poor U.S. jobs data that reinforced expectations the Federal Reserve will sustain its bullion-boosting monetary stimulus programme.
*MSCI Asia ex- Japan down 0.1 pct, Nikkei soars. TOKYO, April 8- The yen tumbled broadly and Japanese stocks soared on Monday, reflecting high expectations for the Bank of Japan's ambitious stimulus drive, but U.S. weak jobs data weighed on other assets.
Chinese leaders didn't directly name North Korea but everyone knew who they meant when the warned against "troublemaking on China's doorstep."
John Batchelor, "The John Batchelor Show" host, discusses whether North Korea could, "in theory," hit U.S. targets on Guam.
LONDON/ SEOUL, April 5- North Korea warned on Friday it could not guarantee the safety of diplomats after next Wednesday and asked embassies to consider moving staff out of the country, European diplomats said, amid high tension on the Korean peninsula.
NEW YORK, April 5- Brent crude fell to an eight-month low near $104 a barrel on Friday and was on course for the biggest weekly slide since June, as a weak U.S. jobs report fed worries about the economy in the world's largest oil consumer. The U.S. Labor Department reported that employers added just 88,000 jobs in March, the slowest pace of hiring in nine months.