Feb 29, 2012 4:01 PM ET
World markets focused on the second instalment of cheap loans from the European Central Bank allowing politicians to find ways to stimulate growth. Asian markets gained after Japan and South Korea reported manufacturing advances and growth in India faltered. Gold and silver dropped more than 4%.
Feb 29, 2012 9:02 AM ET
Stocks in Tokyo lost most of the gains of the session and industrial production surged to the highest level in January since last March. Manufacturers expect output to continue to rise for the next two months. Elpida plunged 97%.
Feb 28, 2012 4:01 PM ET
Tech stocks advanced and commodities gained as U.S. indexes gained a fraction. European markets were cautious as banks prepare to participate in the second extended loan program. Japan based Elpida Memory filed bankruptcy protection and the dollar edged lower against the euro.
Feb 28, 2012 9:03 AM ET
Stocks in Tokyo trading closed higher reversing earlier losses in the day after the largest PC chipmaker Elpida Memory Inc filed for a bankruptcy protection with $5.6 billion in debt. Shipping companies declined for the second day in a row.
Feb 27, 2012 8:45 PM ET
U.S. indexes traded higher after pending home sales index jumped more than expected and offered another evidence of slow and steady economic recovery. European markets awaited the second instalment of 3-year loans from the ECB this week. Germany approved second Greek bailout.
Feb 27, 2012 8:11 AM ET
The yen continued its steady slide against the dollar and stocks closed lower in a choppy trading. J. Front Retailing agreed to acquire a stake in rival retailer Parcos. Tokyo Dome gained 8% after it estimated fiscal year profit.
Feb 26, 2012 10:16 AM ET
U.S. stocks advanced in the week after investors focused on domestic earnings and worries in the euro zone subsided for now. U.S. new home sales in January fell 0.9% and 2011 sales were the fewest since record keeping began five decades ago.
Feb 22, 2012 8:39 AM ET
World markets traded declined from the recent highs and the U.S. stocks edged lower from a 4-year high after home sales increase was less than expected. Oil gained for the second day in a row.
Feb 22, 2012 11:03 AM ET
Stocks in Japan closed higher after positive sentiment lifted indexes. The yen declined to a new low in last six months and investors took optimistic view of the Greek bailout decision. Seibu Electric agreed to sell minority stake to Toyota Motor. Dentsu Inc lifted its annual income outlook.
Feb 21, 2012 4:49 PM ET
After another round of marathons talks, European leaders approved the second tranche of Greek bailout but with stricter conditions and supervisions. Indexes in New York traded sideways and oil jumped to a nine-month high and the Dow, once widely followed, crossed the high last seen in 2008.