JAPAN

OECD Sees Euro Zone Crisis Threatening Global Recovery

Europe
The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.
Nikkei Stock Exchange

Asian Stocks Advance Amid China?s Growth Pledge

Asian stock markets advanced for the second day Tuesday as China's commitment to stimulate growth in the world's second largest economy and signs of cooperation between German and French leaders buoyed sentiment.
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Ring of Fire Solar Eclipse, May 20

When And Where To Watch The 'Ring of Fire' Solar Eclipse

A spectacular solar eclipse, dubbed the ring of fire, will be visible to people in certain parts of the world Sunday night and Monday morning -- depending on location -- but live broadcasts will make it available to anyone with an Internet connection.
Woman walks past stock quotation board outside brokerage in Tokyo

Weekly Roundup: Asian Markets Slump On Euro Zone Concerns, Weak US Data

Asian markets fell this week as they succumbed to the pressures of the euro zone debt crisis and the economic data about the U.S. missing estimates. The Chinese Shanghai Index dropped 2.1 percent and the Japanese Nikkei fell 3.8 percent. Hong Kong's Hang Seng Index plunged 5.1 percent and India's BSE Sensex slumped 0.86 percent.
Facebook IPO

Stocks Slump On European Risk, Tepid Facebook IPO: Daily Markets Wrap

World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.
Russia missile

Russian Missile Engineer Sentenced To 8 Years For Spying

Alexander Gniteyev, an engineer at the Avtomatika production plant in the city of Yekaterinburg, was found guilty of leaking classified information about Russia?s Bulava intercontinental ballistic missiles to foreign intelligence agencies
A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Yahoo Shares Bolt On Rumored China Sale

Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, jumped as much as 6 percent in early trading Friday on a rumor it had finally made a deal to sell at least part of its 40-percent stake in China's Alibaba Group (Pink: ALBCF).
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Asian Shares Plunge On Europe Crisis, US Econ Data

Asian shares fell steeply Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.

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