BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.» Read More
The 8.9 magnitude earthquake that hit Japan Friday will likely dent investor confidence in the short term, but is unlikely to derail the global economic recovery, analysts told CNBC.
The risk of a hard landing in China is growing. It is now clear that Beijing is going to have to intensify its efforts to slow down the economy, because new figures show growth soaring past forecasts and inflation slowing less than expected.
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.
Weekly charts since 2006 suggest the rise in the price of copper could be nearing a peak and is likely to come under pressure in the medium- to long-term, Roelof van den Akker, technical analyst at ING Wholesale Banking told CNBC on Tuesday.
If you have the chance to profit, Cramer said, take it.
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.
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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.
The Nikkei 225 is currently showing the "death cross" pattern, which is a bearish signal for the Japanese index, Joel Stainton, technical analyst at SEB Future Sales, told CNBC Friday.
Japanese economic officials have long been accused of moving too slowly and timidly in reponse to a decade-long deflation, and they now seem to have few good options, whatever their will for pursuing them. The NYT reports.
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.
Deutsche Securities said on Tuesday that it had placed an erroneous order in Nikkei stock futures shortly and Nikkei 225 mini futures after the opening due to a systems problem within the company.
As the United States and Europe increasingly exhibit risks typically associated with emerging markets, consider investing in China, India and Brazil, said Richard Kang, chief investment officer at Emerging Global Advisors told CNBC on Wednesday.
The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.
The Nikkei 225 is currently the weakest of the major stock indexes and could fall toward its March lows of around 7,000 points next month, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
The rising trend in Tokyo and Chinese stocks has broken and selling pressure is ahead for the two Asian indexes, Royce Tostrams, technical analyst at Tostrams Groep said Friday. And weakness in Asian markets could affect global stock markets, he warned.
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.
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.