Aug 31, 2012 4:25 PM ET
U.S. indexes traded higher after Fed Chairman Bernanke laid out a case for additional stimulus but did not offer specific steps. He also highlighted that elevated unemployment is likely to persist. Broader market averages in New York gained for the third month in a row.
Aug 31, 2012 11:47 AM ET
Market indexes in Tokyo traded lower and the benchmark index fell to a one-month low after industrial production declined in July. The consumer price index barely increased stoking fears of deflation. Machinery makers fell for the second week on the worries of falling orders from mining companies.
Aug 30, 2012 4:09 PM ET
World markets were on the defensive after latest economic data from the euro zone, Japan, South Korea showed more weakness and the U.S. personal spending rose the most in five months and income gained for the eighth month in a row. Carlyle keeps the offensive in deal making.
Aug 30, 2012 10:16 AM ET
The benchmark index in Tokyo declined 1% after retail sales fell in July and on a decelerating auto sales growth and stagnant wages. Construction machinery stocks declined after iron ore prices fell to the low last seen in 2009.
Aug 29, 2012 4:02 PM ET
World markets were in a holding pattern ahead of central bankers gathering. Corporate deal making was in full swing after Japan based air-conditioner maker agreed to acquire the U.S. based Goodman Global for $3.7 billion. Oil futures fell as Hurricane Isaac misses oil platforms.
Aug 29, 2012 12:13 PM ET
Tokyo stocks gained ahead of the world central bankers meeting. Renesas Electronics soared 35% on the news that the private equity firm KKR is expected to invest $1.3 billion. Sharp gained on employee buyout plan. Ito En, the beverage maker plans to buyback shares and expand to Vietnam and Myanmar.
Aug 28, 2012 4:00 PM ET
World markets shifted attention from earnings season to international events and possible central bank actions from the U.S. and Europe. U.S. home price index showed a slight uptick and consumer confidence index declined. Commodities traded in a narrow range.
Aug 28, 2012 11:29 AM ET
Japan lowered its assessment of economic activities in the second half and blamed it on slowing growths in China and the U.S. and overhang of debt crisis in the euro zone. However, economic growth was left unrevised for now and the latest downgrade is the first since October 2011.
Aug 27, 2012 4:05 PM ET
World markets held out the prospect of central bank action and the latest data from China offered another indication of slowing economy. Deal making was in full swing. IBM announced a purchase of human resource services provider and Hertz and Dollar Thrifty Group finally sealed an agreement.
Aug 27, 2012 1:11 PM ET
Stocks in Tokyo rebounded on the hopes that the central banks in Europe and the U.S. will provide substantial new stimulus measures after political leaders in Europe failed to offer concrete steps in the near term. China focused companies declined after the latest profit estimate.