GO
Loading...

World Economy

More

  • Asian Markets Close Mixed, Japan Ends Down Thursday, 27 Dec 2007 | 4:13 AM ET

    Asian closed mixed, with some boosted by resources companies such as BHP Billiton as oil and commodities prices firmed. But Tokyo closed down, staying on course to end the year as the world's worst performing major stock market.

  • Huckabee's Choice: Populist or Fiscal Conservative? Wednesday, 26 Dec 2007 | 6:28 PM ET

    Every political underdog who breaks through faces a choice: keep doing what worked for a long shot, or shift tactics in reaching for a victory that suddenly appears possible? Mike Huckabee, the former Arkansas governor and Baptist minister, faces that choice right now.

  • Dollar Slides Against Euro in Thin Trade Wednesday, 26 Dec 2007 | 4:55 PM ET
    Dollar and Yen

    The U.S. dollar slid against the euro in thin trade Wednesday while the yen traded near seven-week lows as investors continued to fund carry trades by borrowing the Japanese currency.

  • Oil Near $96 on Turkey Strikes, Supply Outlook Wednesday, 26 Dec 2007 | 4:46 PM ET
    Turkish Soldiers

    Oil prices jumped Wednesday on supply concerns stoked by a new round of Turkish airstrikes in northern Iraq and a growing belief that domestic oil inventories fell last week.

  • Pacificor CEO, Daughter Die in Crash; Survivor Stable Wednesday, 26 Dec 2007 | 4:16 PM ET
    Francesca Lewis is carried on a stretcher after being rescued from the jungle in the town of David, west of Panama City.

    The bodies of a California businessman, his teenage daughter and the Panamanian pilot of a plane that crashed over the weekend were found Tuesday in Panama's mountains, officials said.

  • The 'Rodney' Awards: Cars That Get No Respect Wednesday, 26 Dec 2007 | 11:25 AM ET
    2007 Toyota Corolla

    With Detroit essentially shut down for the week between Christmas and New Year's, it's a good time to step back and hand out "The Rodneys": The car and auto brands that -- taking a note from comedian Rodney Dangerfield -- don't get enough respect, according to you, the reader.

  • Asian Markets Are Mixed, Japan Closes Higher Wednesday, 26 Dec 2007 | 1:34 AM ET

    Asian stocks were mostly higher in the afternoon session Wednesday. Trade was thin as many investors were away for Christmas holidays. Japan closed higher be South Korea declined. Other Asian markets including Australia and Hong Kong were shut, and many markets in Europe will also be closed.

  • Tokyo Stocks Hit Two-Week Closing High in Thin Trade Tuesday, 25 Dec 2007 | 1:32 AM ET

    Japanese stocks closed at their highest in nearly two weeks Tuesday as investors picked up recently pressured shares such as Sony, encouraged by a softening yen and after news from Merrill Lynch prompted a rally on Wall Street.

  • Dollar Softens Vs. Euro, Yen in Thin Trade Tuesday, 25 Dec 2007 | 1:16 AM ET
    Dollar and Yen

    The dollar fell against the euro in thin trade Wednesday while the yen remained near seven-week lows as investors continued to fund carry trades by borrowing the low-yielding Japanese currency.

  • Out Of The Office Today Monday, 24 Dec 2007 | 1:30 PM ET

    We are out of the office until the New Year. Look for our Energy Tax Savings blog next week.

  • Oil Rises Near $94 in Light Holiday Trading Monday, 24 Dec 2007 | 1:22 PM ET
    Oil Refinery

    Oil rose to near $94 per barrel in thin trade, erasing earlier declines, though heating oil remained lower as mild weather across the key heating regions of the United States cut fuel demand.

  • Five Christmas Wishes for The Auto Industry Monday, 24 Dec 2007 | 1:21 PM ET
    Smart Car

    With Detroit and much of the auto industry shut down this week and gearing up for the Detroit Auto Show next month, I thought it would be a good time to take a few minutes and share my Christmas wishes for the auto world. I hope Santa brings you everything you want.

  • Exchanging Dollars and Euros

    The yen dipped to a six-week low against the dollar Monday and fell against the euro as a pre-Christmas equities rally boosted investors' risk appetite.

  • Trichet: ECB Must Stop Inflation Spreading Monday, 24 Dec 2007 | 3:27 AM ET

    The European Central Bank is determined to stop increases in oil and food prices becoming entrenched in a broader inflation rise, President Jean-Claude Trichet said in a newspaper interview published on Monday.

  • Asian Markets Rise, Sydney and Seoul Close Stronger Monday, 24 Dec 2007 | 1:18 AM ET

    Asian markets rallied on the Christmas Eve Monday, lifted by technology and bank stocks as stronger-than-expected U.S. consumer spending calmed fears the world's top economy was heading into a recession.

  • Japan's Cabinet Approves New Budget, Spending Sunday, 23 Dec 2007 | 11:57 PM ET

    Japan's cabinet approved an 83.06 trillion yen budget on Monday for the fiscal year from April, featuring an increase in social security spending as the population ages and a modest cut in new debt issuance.

  • Stocks Get An Early Christmas Present Friday, 21 Dec 2007 | 2:57 PM ET

    Strong gains in consumer spending and technology stocks fueled a long-awaited Santa Claus rally on Wall Street.

  • The 'Vette: 'Rodney Dangerfield' of Autos? Friday, 21 Dec 2007 | 11:44 AM ET

    Occasionally, when I state my opinion about a particular car or automaker, I get swamped with e-mails from people who think I'm an idiot. Yesterday was one of those days: I was talking about the new Corvette ZR1...

  • Asian Markets End Higher, Tech Lifts Friday, 21 Dec 2007 | 5:03 AM ET

    Asian markets closed higher across the board Friday, having got a lift from technology stocks and year-end program buying by funds. Most of the major indexes finished over 1 percent higher, while the Hang Seng gained 2.3 percent.

  • Oil Ends Down Near $91 on Economy, Supply Concerns Thursday, 20 Dec 2007 | 4:21 PM ET
    Oil Refinery

    Oil prices eased Thursday, after a seesaw session as dealers weighed tight U.S. crude inventories against the threat of an economic slowdown slashing global energy demand growth next year.

Contact World Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More