World stocks punched fresh 29-month highs on Wednesday, lifted by strong data pointing to sustained global economic recovery, continuing positive corporate earnings and easing concerns about Egypt.
Japan's economy will emerge from a lull toward spring and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering an upbeat take on the outlook on budding signs of a recovery.
China will wrap up large-scale testing of fourth generation mobile communication network, TD-LTE and will put its mobile services to commercial application as an attempt to create a competitive edge for homegrown telecom equipment producers.
Moody's Investors Service said it will hold a briefing on its sovereign ratings including its rating for Japan in Tokyo on February 9, while giving no indication if it would take any action.
Nomura Holdings, Japan's biggest brokerage, reported a 31 percent rise in third quarter net profit on Wednesday after gains in Tokyo stocks boosted fees.
Nomura Holdings, Japan's biggest brokerage, reported a 31 percent rise in third quarter net profit from a year earlier as a gain in Tokyo stocks boosted fees.
Japan's economy will emerge from a lull soon and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering a somewhat upbeat take on the outlook on budding signs of a recovery.
U.S. military commanders are expressing confidence that they can hold their own in the face of faster-than-expected advances by China's military, but looming cost cuts are adding to doubts about the future of American power in the Pacific.
U.S. auto sales jumped by about 18 percent in January, led by gains for General Motors Co and Chrysler as the two Detroit automakers restructured by the U.S. government took share from rivals.
Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
South Korean President Lee Myung-bak said on Tuesday he had high hopes for the first inter-Korean talks in months, marking a significant softening in tone and holding out the possibility of a summit with North Korea.
South Africa's Hernic Ferrochrome, a unit of Japan's Mitsubishi Corporation, said on Tuesday it was unaffected by a wage dispute between a union and one of its contractors.
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any bubble-like conditions. Institutional accumulation began in 2009 (e.g. Paulson, Einhorn) and we know that phase lasts at least a few years before a bull market gives birth to a bubble.
The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Asian automakers, led by outperformer Hyundai Motor, got off to a strong start for 2011 with robust January sales as they gear up for the sector's broad recovery.
Investors shifted focus from worrying about Middle East turmoil to concentrate on fundamentals on Tuesday, lifting global stocks against a background of improved economic data and corporate results.
After a San Francisco Bay Area South Carolina, Seattle and Tennessee resident received the deliveries of all electric Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the Hawaii region.
Asian stocks rose on Tuesday, led by shares of resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread to other parts of the Middle East.
The world economy has begun improving but is beset by problems such as high unemployment and rising prices which could fuel crippling trade protectionism or even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Asian stocks posted modest gains on Tuesday, led by shares in resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread elsewhere in the Middle East.
