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  • Asian Stocks End Mostly Lower as Gold Rallies Monday, 14 Jan 2008 | 5:05 AM ET

    Asian markets ended mostly lower Monday, while the price of gold hit a new record high above $900 a troy ounce as investors sought protection against a potential U.S. recession and a weaker dollar. Hong Kong stocks closed 1.5 percent lower and South Korean shares lost almost 1 percent. 

  • LG.Philips Swings to Profit, Confident on 2008 Monday, 14 Jan 2008 | 3:47 AM ET

    Flat screen maker LG.Philips LCD reported its highest ever quarterly profit on Monday, rebounding from a year-ago loss, and predicted 2008 profitability would improve from 2007.

  • Merrill Worries Drag Asian Stocks Lower Friday, 11 Jan 2008 | 5:07 AM ET

    Asian markets closed sharply lower Friday, with the exception of China and India, as investors sold down shares after report in the New York Times that Merrill Lynch could suffer $15 billion in losses from soured mortgage investments, almost twice its orginal estimate. Japan shed almost 2 percent and South Korea finished 2.3 percent lower.

  • Asian Stocks End Lower on US Recession Fears Thursday, 10 Jan 2008 | 4:58 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 mostly lower in the afternoon session Thursday, on worries about global growth after Goldman Sachs forecast a U.S. recession this year. Both Japan and South Korea closed over 1 percent lower.

  • South Korea Holds Interest Rates Steady at 5% Wednesday, 9 Jan 2008 | 9:14 PM ET

    South Korea's central bank held its main interest rate steady at 5.00 percent on Thursday, as widely expected, deciding not to tighten to tackle rising inflation as it remains cautious over the risk of a global economic slowdown.

  • Asian Markets End Higher After Late Rally Wednesday, 9 Jan 2008 | 5:40 AM ET
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    Asian markets rebounded in the afternoon session Wednesday after initially falling to three-week lows on the back of Wall Street's dismal performance Tuesday.  Both Japan and South Korea clawed back into positive territory to finish the session stronger.

  • Asian Markets End Mixed, Japan Closes Higher Tuesday, 8 Jan 2008 | 5:32 AM ET
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    Most Asian markets were edging higher in the afternoon session Tuesday following recent falls. Japan managed to finish slightly higher after spending most of the day in negative territory. But South Korea closed lower.

  • Asian Stocks End Lower; China, India Gain Monday, 7 Jan 2008 | 5:08 AM ET
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    Asian stocks continued the negative start to the year Monday as many indexes sank to two-week lows, but Chinese and Indian indexes managed robust gains. Taiwan's TIAEX closed over 4 percent lower and Singapore' Straits Times Index ended 2.5 percent down.

  • Asian Stocks End Higher, But Japan Sinks Friday, 4 Jan 2008 | 5:41 AM ET
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    Japanese stocks tumbled as much as 5 percent on Friday, the first trading day in a week, as growing worries about the U.S. economy battered Wall Street.

  • Asian Stocks End Lower on Economic Concerns Thursday, 3 Jan 2008 | 5:12 AM ET

    Asian stock indexes finished lower across the board Thursday, with the exception of the Shanghai Composite Index, as investors were spooked by the surprise contraction in U.S. manufacturing, and the impact of record oil prices on global growth.

  • Asian Stocks Close Lower on US Worries Wednesday, 2 Jan 2008 | 4:20 AM ET

    Asian markets kicked off the new year under pressure on worries about a slowing global economy. But oil and gold prices continued to edge higher approaching record highs.

  • Asian Stocks Close Higher, Pakistan Falls Monday, 31 Dec 2007 | 5:46 AM ET

    Asian stocks were mostly higher Monday in thin holiday trading, with most investors away to usher in the new year. But Pakistan's shares slid in its first reaction to the assassination of former prime minister Benazir Bhutto whose death last week plunged the country into one of its deepest crises.

  • Asian Shares End Lower, Rattled by Bhutto Friday, 28 Dec 2007 | 6:18 AM ET
    Benazir Bhutto

    Most Asian markets closed lower Friday  as investors were rattled by the assassination of Pakistan opposition leader Benazir Bhutto, and data pointed to continuing economic weakness in the United States.

  • Asian Markets Close Mixed, Japan Ends Down Thursday, 27 Dec 2007 | 4:13 AM ET
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    Asian closed mixed, with some boosted by resources companies such as BHP Billiton as oil and commodities prices firmed. But Tokyo closed down, staying on course to end the year as the world's worst performing major stock market.

  • Asian Markets Are Mixed, Japan Closes Higher Wednesday, 26 Dec 2007 | 1:34 AM ET
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    Asian stocks were mostly higher in the afternoon session Wednesday. Trade was thin as many investors were away for Christmas holidays. Japan closed higher be South Korea declined. Other Asian markets including Australia and Hong Kong were shut, and many markets in Europe will also be closed.

  • Tokyo Stocks Hit Two-Week Closing High in Thin Trade Tuesday, 25 Dec 2007 | 1:32 AM ET
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    Japanese stocks closed at their highest in nearly two weeks Tuesday as investors picked up recently pressured shares such as Sony, encouraged by a softening yen and after news from Merrill Lynch prompted a rally on Wall Street.

  • Asian Markets Rise, Sydney and Seoul Close Stronger Monday, 24 Dec 2007 | 1:18 AM ET
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    Asian markets rallied on the Christmas Eve Monday, lifted by technology and bank stocks as stronger-than-expected U.S. consumer spending calmed fears the world's top economy was heading into a recession.

  • Asian Markets End Higher, Tech Lifts Friday, 21 Dec 2007 | 5:03 AM ET

    Asian markets closed higher across the board Friday, having got a lift from technology stocks and year-end program buying by funds. Most of the major indexes finished over 1 percent higher, while the Hang Seng gained 2.3 percent.

  • Asian Markets End Mixed, China Gains Thursday, 20 Dec 2007 | 4:59 AM ET
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    Asian markets closed mixed Thursday with Australia slipping into the red after initially rising in the morning and South Korea paring back gains to trade flat. But Chinese shares managed to move higher with property stocks on the advance.

  • Lee Wins South Korea's Presidential Elections Wednesday, 19 Dec 2007 | 6:43 PM ET
    Lee Myung-bak, a former Hyundai CEO and Seoul mayor, waves his hand after he was elected a presidential candidate during a national convention of the Grand National Party for a presidential primary at the Olympic Gymnasium in Seoul, South Korea, Monday, Aug. 20, 2007. A South Korean businessman-turned-politician won the conservative opposition's presidential primary Monday, cementing his front-runner status in the December election to take leadership of the country from liberals aligned with Pre

    South Koreans on Wednesday elected Lee Myung-bak, a conservative former CEO vowing to back business and stand up to the North, as president of the world's 13th largest economy, TV exit polls showed.