Asian markets fell Wednesday as investor sentiment was weighed down by the concerns that China’s economic slowdown would impair the growth of the global economy.
Asian shares fell Wednesday, led by losses in technology and materials stocks after brokerage downgrades for Intel and a warning from global miner Rio Tinto about the uncertain near-term outlook.
China expects 10,000 miles of track to link 24 cities by 2020, and the high-speed “ice train” may be its most ambitious plan to date.
Japanese car sales plunged in China in September, and the slump threatens to stall their momentum in the No. 1 auto market.
The North Korean government has claimed to have deployed rockets that can strike targets 6,000 miles away in the continental U.S.
Asian stock markets mostly advanced Tuesday despite pessimistic global growth forecast by the International Monetary Fund (IMF) as expectation of a further easing measure from the Chinese central bank provided support.
Most of the Asian markets rose Tuesday though investor optimism about stimulus measures reviving the global economy was undermined after the International Monetary Fund raised concerns about the global economic growth.
Asian shares edged higher Tuesday but were capped by concerns over global growth prospects, especially in China, and expected weak U.S. corporate earnings.
The IMF cut its global growth forecast Tuesday morning for the second time since April and warned U.S. and European policy makers that failure to fix their economic ills would prolong the slump.
Japanese auto giants like Toyota plan to halve China production after sales slumped. Non-Japanese brands stand to gain.
Scientists from Britain and Japan shared a Nobel Prize on Monday for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs.
Asian markets fell Monday as investors remained watchful having concerns about the revival of the global economic growth in spite of the stimulus measures announced last month by policy maker in the U.S. and Europe.
Stock markets in Asia are expected to begin the week on a positive note after official data Friday showed that the U.S. unemployment rate unexpectedly fell to a near four-year low in September.
North Korea’s state-run news agency published sinister warnings of a new war in the Korean peninsula even as South Korean media reported Saturday that Seoul and Washington had reached an agreement on extending the range of South Korean ballistic missiles to counter defense threat from Pyongyang.
With the Bank of Japan deciding to keep its monetary policy unchanged, investors feel that there is an urgent need to take measures for enhancing the growth potential of the economy.
Where to watch a live stream of qualifying for the Formula One Japanese Grand Prix, plus a full preview.
The U.S. Federal Reserve's assessment of current conditions, as well as data on inflation and trade, will highlight the economic calendar this week.
As the world recalls the death of Steve Jobs, his career of triumphs and setbacks has parallels with two living legends: Lee Iacocca and Sanford Weill.
Sony Corp. (NYSE: SNE) is halting sales of its new Xperia tablet after discovering a manufacturing defect that makes the device susceptible to water damage.
Asian markets rose Friday as investor sentiment turned positive with hopes that the U.S. jobs data will be encouraging and the Bank of Japan will announce a policy to support the global economic growth.
Asian shares rose and the euro kept most of its overnight gains Friday as investor risk aversion eased after the European Central Bank said it was ready to buy bonds of troubled euro zone countries.
The EU warned that almost all nuclear plants under its jurisdiction need safety upgrades.