Paul Krugman is right: Japan is attempting a paradigm policy shift with potential systemic implications; and sustainability and success are not certain. The outcome, still too early to tell, will be consequential for Japanese society and the global economy as a whole.
As a contrarian investor, I'm always looking to buy what people are selling and sell what they're buying. It's the only way to ensure you're getting a reasonable price. This often leads me to forsaken corners of the investment world.
You can keep your fine art, your lacquerware, your hand-woven silk. When it comes to souvenirs, I want weird.
-- Gold prices hit the lowest level of the year Wednesday as uncertainty about Europe's political and economic future dominated world financial marke...
(Adds dropped quote marks at the end of paragraph 4) * Scandal not seen having much impact on core medical ops * Potenti...
BANGKOK — Asian stock markets sank Friday as investors waited to see if Federal Reserve Chairman Ben Bernanke unveils new steps to help the U.S....
BANGKOK — Asian stocks mostly inched higher Tuesday after gyrating markets on Wall Street and Europe ended with modest gains. Oil prices rose t...
TOKYO -- Japan's economy contracted for a third straight quarter as consumer spending and factory production continued to suffer in the aftermath of t...
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market...
LONDON (Jessica Mortimer) - The dollar hit a three-year low against a basket of currencies on Thursday as strong corporate earnings buoyed risk ap...
TOKYO -- Shares in the operator of Japan's tsunami-wrecked nuclear power plant plunged to their lowest ever Tuesday amid growing doubts about its abil...
TOKYO -- Engineers pinned their hopes on chemicals, sawdust and shredded newspaper to stop highly radioactive water pouring into the ocean from Japan'...
(Reuters) - The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance da...
NEW YORK (Reuters) - Global stocks rose on Friday as traders took on riskier investments following a Libya ceasefire that reduced tension in the reg...
The yen eased off its all-time high Friday as the world's major central banks lent their support, but Japan's economic troubles are far from over, exp...
WASHINGTON — The New York Federal Reserve Bank confirmed that it intervened in currency markets on Friday for the first time in more than a decade. ...
UPDATE 8:00 AM: The yen fell against the dollar Friday, as the currency intervention announced Thursday night began, Reuters reports. Japan's central...
TOKYO (Reuters) - Financial leaders of the world's richest countries will hold talks on Friday on ways to calm global markets roiled by Japan's nucl...
NEW YORK — The dollar dropped to a record low against the yen late Wednesday as Japan's nuclear crisis deepened. Debt woes in Europe, tension in...
(Reuters) - A massive selloff on the Tokyo Stock Exchange wiped out some 23.5 trillion yen ($287 billion) from the market's value on Monday with i...
The $64,000 question is whether the modern gold rush is actually a mania or, in fact, a legitimate reflection of serious financial and economic stresses.
Investors are scared of the sovereign debt crisis unfolding in Europe. However, they are ignoring a more likely and significantly larger debt catastrophe that is about to hit the second-largest economy in the world -- Japan.
Beijing orchestrated a two percent swing in the renminbi- dollar rate that has justifiably dampened profit taking by speculators and replicates renminbi market spreads against the Euro.
A downgrade of the AAA rating of the United States would have profound consequences on our international reputation and leadership. We certainly do not need the aggravation.
The dramatic decline of the U.S. dollar is aiding the American economic recovery but setting off alarm bells overseas, with corporate executives, poli...
