Nov 30, 2012 4:55 PM ET
U.S. dollar inched lower and the euro gained as political rhetoric in Washington ratchet up. Lawmakers show no sign of compromise as the budget negotiation deadline looms. Oil gained and commodities prices edged higher on a cautiously optimistic outlook about economic growth in China.
Nov 30, 2012 12:09 PM ET
Nikkei index in Tokyo advanced after Japanese government approved the $1.2 billion stimulus measures ahead of general elections. Nikkei gained the best monthly gain since February. The yen traded near eight month low. Industrial production rose in October on a surge in electronics parts production.
Nov 29, 2012 2:51 PM ET
Stocks in Tokyo rebounded from the sell-off in previous session. Electric utilities closed higher on the prospect of a rate hike next year. Steelmaker JFE Holdings gained on the speculation of positive cash flow.
Nov 28, 2012 6:27 PM ET
U.S. indexes rebounded from early losses of 1% and managed to close up 0.8% after President Obama and Speaker Boehner sounded optimistic on the budget compromise. BP plc was banned from U.S. federal contract temporarily and may be forced to settle $20 billion civil litigation.
Nov 28, 2012 12:35 PM ET
Nikkei in Tokyo fell 1.2% and the Topix declined 1.3% after indexes rallied for four days as the yen weakened in the last two weeks. Sakurada plunged 92% after the company filed for bankruptcy proceedings. Kawasaki Kaisen postponed fleet expansion on a global glut.
Nov 27, 2012 4:40 PM ET
Market indexes on Wall Street declined as lawmakers showed little progress in settling difference to avoid the so called fiscal cliff. European ministers and lenders agreed to cur Greek debt and offer cheaper and interest free loans as a part of a bailout.
Nov 27, 2012 10:47 AM ET
Nikkei index gained to a new 7-month high as the yen traded near 8-month low after opposition leader called for more fiscal and monetary easing to lift economic growth. Exporters to Europe gained after ministers agreed on a Greek debt and bailout fund release plan.
Nov 26, 2012 10:42 AM ET
Stocks in Tokyo closed higher and the yen traded near 8-month low on the rising speculation that the central bank may be forced to take additional measures to stimulate the economy and weaken the yen. Fitch lowered credit rating of Panasonic and Sony to junk level.
Nov 22, 2012 11:09 AM ET
Nikkei index in Japan surged to a six-month high as the yen hit a new seven-month low. Investors have bid up stocks ahead of general elections on the hopes that the new government may put more pressure on central bank to offer more stimulus measures.
Nov 21, 2012 9:57 AM ET
Stock in Japan traded higher after the yen closed at a 7-month low. Japan reported its fourth monthly trade deficit in a row and exports fell for the fifth month on weak global economic conditions and a diplomatic dispute with China.