The hedge fund industry in much of the world managed a solid recovery from the global financial crisis, but in Asia growth has stalled.» Read More
Asian stocks ended mixed on Tuesday as investors stayed cautious ahead of the two-day Federal Reserve meeting despite a positive end on Wall Street in the overnight session.
There are two types of emails I get about Ford: The first comes from those who think we don't give Chief Executive Alan Mulally and his team enough credit for the turn-around they are executing at the auto maker. I chuckle reading these...
Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen but boosted the euro and emerging Asian currencies as risk appetite improved.
Asian stocks rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, fueling optimism that the global recovery is on track.
Asian stock markets ended mixed on Thursday, despite the modest gains on Wall Street overnight.
Asian stock markets traded lower on Wednesday, following the negative lead on Wall Street overnight.
One week after taking over the GM CEO job, Ed Whitacre finally took questions from reporters about the troubled automaker, his goals for the company, and the culture change he is leading at General Motors
Asian stock markets ended lower on Tuesday, after comments from Federal Reserve Chief Ben Bernanke renewed concerns over a sluggish U.S. economy.
Asian stock markets painted a mixed picture on Monday, following a positive finish on Wall Street in the previous session. Tokyo rose 1.45 percent to a six-week closing high and Taipei ended Monday's session up 1.63 percent, a three-week peak. But Sydney fell as resource-related stocks dropped on the back of a slump in gold and copper prices.
Asian stock markets ended mixed Friday, as Sydney fell 1.5 percent while Shanghai gained 1.6 percent.
Most Asian stock markets gained ground on Thursday, led by Tokyo's 3.8 percent but Shanghai closed lower.
Asian stock markets tracked a strong session on Wall Street, which saw the Dow climbing more than one percent to end at its highest level so far this year. Key indices in Seoul and Hong Kong chalked up over 1 percent each.
As President Obama takes the stage tonight, he will discuss many issues surrounding Afghanistan. One issue he apparently won't be discussing is how to pay for this surge.
Asian stocks gained ground and Tokyo reversed course on Tuesday afternoon, as worries eased over Dubai's debt problems. The Nikkei 225 closed 2.4 percent higher, driven by news of a surprise BOJ meeting, which weighed on the yen and lifted exporters.
One week after I blogged about the lack of outcry from Saab owners over the impending demise of the beloved brand of cars, supporters of the Swedish company are being loud and vocal in telling me to get a clue. In general, they think I haven't done my homework and haven't given enough credit to the Web sites devoted to saving Saab like Saabs United.
Asian stock markets staged a comeback Monday after Friday's steep losses, as worries about the potential negative impact of a Dubai debt default began to fade.
President Barack Obama's plan to announce the U.S. will cut its greenhouse emissions 17% by 2020, may finally kill off those who continue to believe new fuel efficiency and tailpipe emission standards for autos will never reached stated goals.
Asian stock markets tumbled on Friday as concerns about a new international banking crisis erupting in Dubai rattled investor confidence. Hong Kong led the way with a 4.8 percent dive, other major indices in Tokyo, Taipei and Seoul declined over 3 percent each.
Japan's Nikkei average is likely to fall broadly on Friday after debt problems in Dubai hit financial markets, dragging European shares down to their worst daily loss in seven months.
Asia's major stock indexes finished lower across the board in a volatile, holiday-thin session Thursday, despite Wall Street posting modest gains overnight.