Uncertainty over central banks rolling back stimulus saw the dollar/yen drop below the key 95-handle, reports CNBC's Chloe Cho.» Read More
In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.
Despite serious worries stemming from the deteriorating situation in Japan, the futures aren't predicting U.S. equities to react as violently as they did to the bankruptcy of Lehman Brothers.
Stock markets in India and a handful of other, smaller Asian countries, which surged last year as foreign investors bet on their fast growth, are starting to remind investors of the risks involved. The NYT reports.
North Korea showed a visiting American nuclear scientist earlier this month a vast new facility it secretly and rapidly built to enrich uranium, confronting the Obama administration with the prospect that the country is preparing to expand its nuclear arsenal or build a far more powerful type of atomic bomb, the New York Times reports.
Is Hong Kong building to another property bubble? Virtually everyone in the city wants to know. It’s the topic of top-level governmental discussion as well as chatter over dim sum at lunch.
American policy makers have long been confident, even during the darkest days of the current financial crisis, that the United States could avoid the fate of Japan and its two lost decades. But that has changed, reports the New York Times.
A Chinese scientific research center has built the fastest supercomputer ever made, replacing the United States as maker of the swiftest machine, and giving China bragging rights as a technology superpower. The New York Times reports.
abstract goes here
Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner, bought a $500,000 condominium, vacationed in Hawaii and drove a late-model Mercedes.
China is planning to tighten its control over its rare earth minerals by allowing just a handful of state companies to oversee the mining of the scarce elements, which are vital to some of the world’s greenest technologies. The NYT reports.
The pain of the European debt crisis is spreading, with the plummeting euro making Chinese companies less competitive in Europe, their largest market, and complicating any move to break the Chinese currency’s peg to the dollar.
Foreign companies doing business in China are increasingly feeling as if the deck is stacked against them. The New York Times explains.
The Chinese government is very close to announcing a revision of its currency policy in the coming days that will allow greater variation in the value of its currency combined with a small but immediate jump in its value against the dollar, the New York Times reported.
Everyone agrees China is in the middle of a spectacular real estate boom. The question is whether it is in the middle of a rapidly growing real estate bubble. The New York Times reports.
The debate rages on — Is this a new bull market or just a bear market rally? Have we bottomed out? Are the markets turning for real? Let's see what the charts have to say.
Asian stocks edged up Monday, holding near a six-month peak struck last week and withstanding an early bout of profit-taking as investors eyed a slew of corporate earnings reports around the world this week.
Asian markets were mixed Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with shares outside Japan on track for a sixth week of gains.
Asian stocks pulled back from a six-month high Thursday, while the safe-haven yen gained after China posted its slowest ever quarterly growth in a signal of the frailty of the global economy.
Asian markets pulled back from six-month highs Wednesday but held up after the drop on Wall Street, with hopes for more Chinese stimulus spending helping offset reports of weak first-quarter growth.