An effective formula of combining monetary and fiscal policies means Japan is in a better position to benefit from quantitative easing compared to the U.S., says Nobel Laureate Joseph Stiglitz.
United Technologies’ CFO said the Pratt & Whitney division is seeing weak jet engine parts sales, attributing the weakness to airlines conserving cash. And GE's Aviation divison is seeing softness in the market.
The lifting of Western sanctions on Myanmar, after it ended nearly 50 years of direct military rule, has pushed the door wide open for foreign investments into this resource rich country.
Europe is a mess, China is slowing and there hasn’t been as much of a whiff of more monetary stimulus from the Fed or the European Central Bank. Investors are rushing to safe havens, but experts say playing it too safe might come back to bite your portfolio.
Asia markets could reflect continued disappointment going into Thursday as overseas investors digest moves by the U.S. Federal Reserve and a major market prepares for a holiday weekend.
The results of a business confidence survey in Japan showed that despite a surge in stock prices and a steep fall in the yen, Japanese manufacturers are still largely pessimistic.
Tokyo markets soared today on the Bank of Japan's bold easing measures with the benchmark Nikkei index nearing a 5 year high, even briefly topping the 13000 mark at one point. The Nikkei's Sachiko Kishida reports.