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  • Remember Cars? Sales Show Their "Death" Premature Friday, 2 May 2008 | 11:09 AM ET

    After years of lamenting the "death of the car" and the rise of the SUV and CUV, fans of the sedan are finally seeing things turn their way. Last month, for the first time in roughly 20 years, cars outsold trucks (Pick-ups, SUVs, CUVs and minivans).

  • Asian Markets Rally, Japan and Australia Gain 2% Friday, 2 May 2008 | 5:20 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets were sharply higher Friday after better-than-expected economic data, a rebound in the U.S. dollar and falling oil prices and triggered a rally on Wall Street. Both Japan and Australia closed 2 percent higher.

  • Japan, Australia Close Lower in Quiet Trading Wednesday, 30 Apr 2008 | 8:19 PM ET
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    The Japanese and Australian markets closed lower in the afternoon session Thursday. Trading was quiet with most markets in the region closed for the Labour Day holiday.

  • Asian Markets Lower, But China Jumps 4.8% Wednesday, 30 Apr 2008 | 5:51 AM ET
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    Most Asian markets closed lower Wednesday ahead of the U.S. Federal Reserve rate decision later in the session. Japan finished slightly lower, but Shanghai was the stand out performer, up almost 5 percent.

  • Lackluster Session for Asia, Fed in Focus Tuesday, 29 Apr 2008 | 5:27 AM ET

    Asian markets were lackluster on Tuesday following a flat finish in the U.S. stock market. But Greater China shares remained firm on the back of positive corporate earnings. Most investors were sidelined and cautious ahead of the Federal Reserve's two-day meeting.

  • Japan's SMFG Cuts 2007/08 Profit on Stock Losses Monday, 28 Apr 2008 | 5:32 AM ET

    Sumitomo Mitsui Financial Group, Japan's third-largest bank, said it would fall about 20 percent short of its earnings estimate for the year that ended in March, hurt by losses on its stock holdings and higher provisions for bad loans.

  • Matsushita Fourth-Quarter Profit Rises 15% Monday, 28 Apr 2008 | 5:29 AM ET

    Panasonic maker Matsushita posted on Monday a 15 percent rise in quarterly operating profit thanks to brisk sales of flat TVs, and forecast a larger-than-expected gain this year, with its mobile phones and DVD recorders also selling well.

  • Asian Markets End Mostly Higher, Financials Rally Monday, 28 Apr 2008 | 5:21 AM ET
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    Asian markets trimmed their early gains on Monday as investors took a breather following a rally in financial stocks. But many remained optimistic that the banking sector may finally be putting the credit crunch behind it.

  • Japan March Retail Sales Rises 1.1% Sunday, 27 Apr 2008 | 11:14 PM ET

    Japanese retail sales rose 1.1 percent in March from a year earlier, government data showed on Monday, matching economists' median forecast.

  • Japan's Matsushita, Sanyo in Tie-Up Plan: Reports Sunday, 27 Apr 2008 | 10:03 PM ET

    Panasonic maker Matsushita Electric Industrial and Sanyo Electric may tie up in the first reorganisation move among Japan's top electronics makers, the Yomiuri newspaperreported on Monday, but the two companies quickly rejected the report.

  • Singapore Skyline.jpg

    A bounce in the U.S. dollar lifted some Asian stock markets on Friday, while crude oil sank further from its recent $120 a barrel record, dragging energy firms down but boosting airline counters.  Japan finished at a two-month high.

  • Asian Markets End Mixed, But Chinese Stocks Surge Thursday, 24 Apr 2008 | 5:27 AM ET
    Investors study shares prices during the morning trading at RHB private stock market gallery in Kuala Lumpur, Friday, Feb.3, 2006. Malaysia's key stock index rose Friday to a 15-week high as foreign funds plowed into key bluechips after a long holiday. The Composite Index of 100 blue chip stocks ended at 927.85 points, up 13.84 points or 1.5 percent from last Friday's close. (AP Photo) **MALAYSIA OUT**

    Asian stocks were mixed in the afternoon session Thursday with Japan and Australia closing lower. But the Shanghai market took centerstage, surging as much as 9.5 percent at one point after a stamp duty tax cut gave flagging Chinese stocks a boost.

  • Sony Ericsson Profit Drops Less than Anticipated Wednesday, 23 Apr 2008 | 5:52 AM ET

    Mobile phone maker Sony Ericsson posted sharply lower profits on Wednesday as a slowdown in consumer spending hit its business, but earnings were at the high end of the firm's range and exceeded market expectations.

  • Markets Rally Despite Surging Oil, Weak Dollar Wednesday, 23 Apr 2008 | 5:02 AM ET
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    Asian markets were stronger Wednesday, shrugging off the burden of near $120-a-barrel oil and a record high euro, to continue a rally that has recovered all the ground lost last month. Shanghai surged over 4 percent, while Australia gained 1.6 percent.

  • Japan Export Slowdown Hints at Impact of US Woes Tuesday, 22 Apr 2008 | 10:55 PM ET
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    Japan's exports in March rose less than expected from a year earlier, suggesting that companies are starting to feel the pinch from a slowing U.S. economy.

  • GM's Asian promise Tuesday, 22 Apr 2008 | 10:21 AM ET
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    There is a fondness and attraction to Cadillac, Buick and Chevrolet that is helping GM make headway in China.

  • Asia Under Pressure after Weak US Bank Earnings Tuesday, 22 Apr 2008 | 5:00 AM ET
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    Asian markets came under pressure on Tuesday after U.S. stocks pulled in a mixed performance.  Investors sold financials following weak earnings from Bank of America.

  • Beijing Auto Show: Is It Bigger Than Detroit? Monday, 21 Apr 2008 | 11:10 AM ET
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    Talk about coming of age. The Beijing Auto Show and China's auto market are making a statement this week. It's loud and clear: "We are world players!" In fact, it brings up the question about whether this show and the Chinese market are bigger than the Detroit Show and U.S. Market?

  • Banks, Energy Lead Asian Stocks to Seven-Week High Monday, 21 Apr 2008 | 5:00 AM ET
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    Asian stocks rose to their highest level in seven weeks on Monday, as investors cheered upbeat earnings from U.S. bellwethers which triggered a rally in U.S. stocks last Friday.

  • Asia Ends Mixed, Japan Gains but China Sinks Friday, 18 Apr 2008 | 5:15 AM ET
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    Asian markets eked out some gains Friday. Stocks spent the better part of the session dipping below and above the line. Japan and South Korea pulled ahead at the close, finishing higher, but China and Australia closed weaker.