Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of financial losses.
The euro jumped and U.S. Treasuries dipped on Tuesday after eurozone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued and Asian stocks unaffected.
Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid media reports that the firm's major creditors are set to install their own appointees in the top jobs.
Britain, the Netherlands, Italy and nine other countries called on Monday for Europe to shift its focus from tough budget cuts towards measures to create growth as the region looks headed for its second recession in three years.
Japan reported a record-high balance of trade deficit in January as last year's tsunami combined with floods in Thailand, the Eurozone's sovereign debt crisis, a slowing Chinese market and a soaring yen to leave the world's third-largest economy with its first trade deficit since the last century.
Standard & Poor's Ratings Services said that it has affirmed Japan's sovereign debt rating at AA- along with maintaining its negative outlook as the country faces dismal fiscal position.
Low-priced, tiny and reasonably reliable Tata Nano cars made by Tata Motors are set to roam the streets of Bangladesh from early next month, the local distributor said on Monday.
Iran has ceased oil exports to the UK and France in reply to European Union's decision to ban purchases of Iranian crude that were planned to begin in July.
Three skiers were reportedly trapped and killed in an avalanche near the Stevens Pass area in the Cascade Mountains in rural eastern King County, Wa. on Sunday.
Japan and China are committed to help resolve the European debt crisis through the International Monetary Fund once euro region members take additional steps themselves according to Japanese Finance Minister Jun Azumi.
Asian markets rose across the board Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets, sending U.S. crude up nearly 2 percent and copper nearly 3 percent higher.
Japan posted its biggest ever trade deficit in January, topping the previous record seen during the financial crisis in 2009, Ministry of Finance data showed Monday, underlining concerns that a persistent trade gap may undermine the country's ability to finance its debt.
Markets jumped Monday as policy easing by China and prospects for Greece to clinch a second bailout fund buoyed investor appetite for riskier assets, sending U.S. crude up nearly $2 a barrel and Asian shares up nearly 1 percent.
Japanese prosecutors are considering indicting the Olympus Corp. as a company for falsifying its financial reports to conceal huge investment losses in a $1.7 billion scandal, the Kyodo news agency reported on Sunday, quoting investigative sources.
In the latest in a string of asset sales, Canada's Encana Corp. will sell a 40 percent stake in British Columbia natural-gas assets to Japan's Mitsubishi Corp. in a C$2.9 billion ($2.9 billion) deal that will help the energy company strengthen a balance sheet weakened by low gas prices.
Japan's Emperor Akihito underwent on Saturday a successful heart bypass operation and doctors said they hoped he would be able to resume the normal lifestyle he wished for.
While threats that could pull down global economy are never far away, recent data depict a brightening outlook according to IHS, a global business and economic information provider.
A pair of Russian cosmonauts floated outside the International Space Station on Thursday to prepare for the removal of a Russian docking module due to be flown into the atmosphere for incineration next year.
The Fall 2012 runways at New York Fashion Week boasted some stunning new dress styles for the upcoming season including fur accents, lower hemlines, bright crimson hues and bold patterns.
France and England signed a new nuclear-energy pact on Friday that will lead to the construction of more nuclear power plants in the United Kingdom, with more than 500 million pounds sterling ($791 million) of private-sector investment.
The market capitalization of U.S. equity markets has increased by $3 trillion since last October.
Oil prices moved higher in Asian trade Friday as tension between Western countries and Iran continued to intensify.
