NEW YORK— Stocks markets are rising around the globe after Japan's central bank surprised investors with a new round of economic stimulus. Japan's benchmark Nikkei index soared 5 percent to the highest level since 2007.. In the U.S., GoPro jumped 13 percent after the maker of wearable video cameras posted profit and revenue that beat analysts' projections.» Read More
Asian markets dived and U.S. stock futures slumped Monday, while safe-haven U.S. Treasuries gained after the Obama administration's autos task force rejected turnaround plans for troubled automakers GM and Chrysler.
Asian markets touched two-month highs on Tuesday, with financial stocks among the leaders, as the U.S. government's plan to absorb toxic debts met with investor approval.
Asian stocks rose to a two-month high Monday and high-yielding currencies advanced on the yen after details on a U.S. plan to rid banks of up to $1 trillion of toxic assets improved confidence about risk taking.
Asian markets were mixed Friday, but looked set to gain for a second consecutive week -- marking their best weekly back to back gains since mid-December -- as the Fed's plan to inject a combined $1.15 trillion into the U.S. financial system improved battered confidence in the banking sector.
Asian markets struggled while the U.S. dollar nursed large losses Thursday, after the Federal Reserve pledged to pump an additional $1 trillion into the ailing U.S. economy.
Asian stocks drifted higher Wednesday as banks extended gains, while Japanese government bonds rose after the Bank of Japan sharply increased the amount of government debt it would purchase to support the economy.
Asian markets advanced Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.
Asian stocks wavered Thursday as some markets were disappointed with the lack of any detail to China's stimulus plans, while the euro fell on expectations the European Central Bank will cut rates to an all-time low later in the day.
Asian markets climbed into positive territory while the U.S. dollar rose to a three-year high against a basket of currencies Wednesday, after Federal Reserve Chairman Ben Bernanke gave a grim view on the financial sector.
Stocks in Tokyo hit a 25-year low Tuesday and most major indexes in Asia were down, caught in the downdraft of risk aversion sparked by renewed concern over the global financial sector.
Asian stocks dropped sharply Monday after data last week showed a sharp drop in U.S. fourth-quarter growth, and on worries the U.S. government may need to extend additional help to an ailing financial sector.
Asian markets were mixed Friday, ending the month with losses on continued investor concern over the world economy and the financial system, while safety bids such as dollar buying erased some of their recent gains.
Asian markets turned negative late Thursday with the U.S. dollar extending its rally against the yen as mounting economic damage and prolonged political uncertainty in Japan tarnish the yen's safe haven reputation.
Asia stocks were mixed Wednesday despite reassuring comments from Federal Reserve Chairman Ben Bernanke, which sparked a rebound in battered U.S. financial shares. The yen slid further on Japan's mounting economic and political troubles.
Asian markets fell Tuesday as concerns grew about the global financial system, while emerging currencies such as the South Korean won extended their recent sell-off.
Asian markets were mostly higher while the greenback tumbled Monday on media reports the U.S. government could end up with as much as 40% stake in Citigroup. This sparked some relief among investors who cut their safety trades.
Asian stocks fell and the U.S. dollar rose Friday as investors chose safety on evidence the global economy remains in difficulty and the nationalization of more banks in the developed world is increasingly likely.
Asian markets edged higher Thursday as recent selling pressure eased and the safe-haven bid for the dollar and gold retreated, but reminders of the global economic gloom and financial sector woes kept investors cautious.
Deepening economic gloom and fears about the health of the global finance sector pushed Asian shares to their lowest level this month Wednesday, prompting investors to move to low-risk assets such as regional bonds.
Japan's Nikkei is at risk of falling back to a 26-year low. Could we find ourselves in the same boat unless we do something about banks, and fast?