Japan is vulnerable to a sovereign debt crisis in five to 10 years from now, warned Kenneth Rogoff, former chief economist the International Monetary Fund.
A week ago, Tesla investors were riding high, telling me and many others, "See, this stock is gonna do great." Their euphoria was understandable since shares of TSLA priced higher than anyone expected at $17 a share and took off from there.
Asian stocks ended mostly lower Wednesday, failing to capitalize on a stronger finish on Wall Street, as doubts about global economic growth persisted.
Halfway through the year, it's becoming clear American auto buyers have re-discovered the two biggest American auto brands.
Europe faces the quandary of being unable to afford to bail out banks that are still considered too big to fail, while the global economy is heading for a slowdown economist Nouriel Roubini told CNBC.
Asian markets reversed course on Tuesday, turning positive as a strong rebound in Chinese stocks lifted sentiment.
North Asian markets edged higher on Monday as investors picked up beaten-down stocks, shrugging off the weaker-than-expected U.S. jobs report which rattled Wall Street on Friday. But shares in China led the decliners, hurt by fears of a slowdown in the Chinese economy.
With Toyota reportedly on the cusp of another major recall, this time for faulty engines in 170,000 Lexus models worldwide, it's clear this company is far from getting out of the woods.
Major Asian indexes traded mix on Friday, with some markets turning around after several consecutive sessions of downward trading. But the mood was cautious after weak U.S. economic data and signs of a slowdown in China fanned fears about the global recovery.
First of all, let's be clear about June auto sales. Yes, everyone will be up compared to June of last year. Big deal. June of last year the economy was even further in the tank, GM and Chrysler were in bankruptcy, and the auto industry was gasping.
Asian markets opened lower Thursday, following yet another daily decline on Wall Street, with Japan's Nikkei hitting a seven-month low.
At the end of the quarter, many portfolio managers look to wash their hands of losers and start anew. This is an opportunity for you. In spite of all our economic troubles, all of those stocks resting at 52-week lows are not as bad as their stock prices would suggest.
Asian stocks tumbled after renewed jitters about the global economic outlook sparked a selloff on Wall Street, sending U.S. stocks to their lowest levels for the year.
Tesla is going public today under the symbol TSLA. To say this IPO has gone better than expected would be an understatement. It's pricing at $17 a share, above the range originally set out, and with the number of shares being offered expanding to 13.3 million, this IPO will raise more than $225 million dollars for Tesla.
Asian markets reversed early gains to trade lower Tuesday in lackluster trading, on course for their worst quarterly performance since the end of 2008. This mirrored a weak performance in the U.S. where Wall Street ended the session lower as investors digested mixed consumer data.
Tesla, the high-end electric carmaker has expanded the number of shares it will offer when its stock starts trading this week. The company will now issue 20 % more stock at a price of $14-16 a share. All part of the Tesla plan to raise about $200 million.
Asian stock markets ended mixed in cautious trade Monday, as investors awaited June jobs data due out Friday for clues on how the U.S. economy is faring following recent setbacks including a sharp decline in new home sales last week.
Next week the country's largest automaker and one its smallest will both be scrutinized by Wall Street and investors.
Asian stocks struggled on Friday, after fresh signs of consumer weakness and worries about stringent financial regulation sent Wall Street lower.
There's a new trend coming out of Japan that's sure to make its way to U.S. shores — divorce ceremonies! "Do you, [state your name], promise to neither love nor cherish this woman, so long as you live?"