Markets may have punished the BOJ's surprise decision to stand pat on policy last week, but it was the right call, Bank of America-Merrill Lynch said. » Read More
Political and business leaders invited to the World Economic Forum's annual meeting in Davos this week will sift through the blessings and curses of global interdependence that not only brought the world’s economies to a collective low three years ago but also provide the only realistic return to prosperity
They'll tell you in Detroit, being #1 isn't the most important thing. After all, it's profits not market share that matters. But you can bet GM wanted to pass up Toyota for the global sales title.
Asian stocks were higher on Monday on mild bargain buying after a sell-off last week.
It's been a big week in Washington since Chinese President Hu Jintao arrived. Congressional members have not been afraid to speak their minds when it comes to China's economic, monetary and domestic policies.
Asian stocks finished mostly lower on Friday on concerns over further tightening measures by China after the latest growth figures released on Thursday showed the economy continuing to power ahead.
If you thought the shake-up in the ranks of General Motors would slow down with the company now turning a profit, think again.
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.
Asian stocks finished lower with substantial declines for Chinese shares on worries stronger than expected growth could lead to tighter monetary policy.
Japan has hit a “critical point” where it risks losing investor confidence if politicians fail to reach agreement on how to rein in the ballooning national debt, a cabinet minister has warned. The FT reports.
Despite an international effort to ensure safe passage through the world’s most treacherous waters, pirates escalated their attacks in 2010 for the fourth straight year, striking more ships and taking more hostages last year than in any year on record, according to an annual report on piracy, the New York Times reports.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
China, the biggest buyer of U.S. Treasury securities, reduced its holdings in November after four months of gains.
Ordinarily, the start of production at an auto plant wouldn't get much attention. But today Hyundai started building the Solaris at its brand new plant in Saint Petersburg, Russia and the implications for other auto makers is worth noting.
Asian markets were mixed on Tuesday, but technology plays outperformed despite news the Apple Chief Executive Steve Jobs would take medical leave for the third time since 2004.
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish.
Asian stock markets were mostly lower on Monday after the latest tightening move from China's central bank.
Asian stocks closed mixed on Friday, weighed down by a drop in resources-related shares as commodity prices declined.
Asian stocks rose on Thursday after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and U.S. stocks.
Deloitte surveyed more than a thousand car buyers and the findings and comments from Deloitte are quite a mix and even baffling.
The early morning hoopla Tuesday was that Japan had pledged to support the Eurozone in its continuing fight against the ill winds of threatened illiquidity by buying bonds. Probably bonds issued by the Financial Stability thing that has been set up by the European central bank.