LONDON - U.S. oil prices climbed toward $38 a barrel on Monday after the International Energy Agency said there could be an oil market supply crunch from next year once global oil demand begins to recover.
The IEA warning gave upward momentum to a market undermined by a raft of bearish economic data from Asia.
Japan's economy shrank in the last quarter by its most since the first oil crisis i...
TOKYO - Japan sank deeper into recession with its worst quarterly contraction in 35 years, data showed on Monday, its reliance on exports and soft domestic demand dragging down the world's second-largest economy.
The grim Japanese figures, coupled with disappointment over the lack of coordinated action from the G7 and worries about bank rescue plans pushed European shares down by 0.6 percent in...
LONDON - U.S. oil prices stayed above $37 a barrel on Monday, as bearish economic data from Asia slowed the upward momentum after a sharp rally at the end of last week.
Japan's economy shrank in the last quarter by its most since the first oil crisis in 1974, hit by an unprecedented slump in exports, which is likely to lead to more calls for extra stimulus steps to fight the deepening recession...
U.S. oil prices climbed above $38 a barrel on Monday after the International Energy Agency (IEA) said there could be an oil market supply crunch from next year once global oil demand begins to recover.
Japan sank deeper into recession with its worst quarterly contraction in 35 years, data showed on Monday, its reliance on exports and soft domestic demand dragging down the world's second-largest economy.
Russian Finance Minister Alexei Kudrin may have felt it as a sign of the times that he was among the last at Rome's Excelsior hotel to see the closing statement from this weekend's meeting of global policymakers.
three times the fall in gross domestic product in the same quarter in the United States, at the epicenter of the current global crisis.
With exporters cutting production and laying off staff and many retailers reporting sharp falls in sales, economists saw little hope of a bounce back for Japan.
The data showed a severe picture of the Japanese economy and highlighted the weakness in exports,...
On Monday most Asian stock market indicators slumped as new figures revealed Japan's economy contracted the most in 35 years and Group of Seven finance ministers warned the global decline is likely to continue through most of the year.
Bank of Japan http://www.boj.or.jp/
The International Monetary Fund and the world's big development banks warned on Friday that emerging and developing countries that lack deep pockets to protect themselves against the crushing impact of a global financial crisis may need help soon.
While mobile broadcast TV was pioneered in Japan and South Korea, following the switchover to all-digital TV, traditional and mobile TV broadcasters in many regions will launch mobile TV services that are forecast to attract over 500 million viewers by 2013, according to new research.
The following are the prepared remarks from a speech US Treasury Secretary Timothy Geithner delivered on financial stability, as released by the Treasury.
Put down the milk chocolate: When traveling, sample candies made with salt, chili, and mung beans. When Americans eat ...
It's has started to battle with Toyota in Japan and will make its way to the U.S. in April
It's has started to battle with Toyota in Japan and will make its way to the U.S. in April
Japan's Prime Minister has joined the European Union, Canada and President Obama in criticizing possible protectionist trade policies on American goods being discussed as part of the U.S. economic stimulus plan.
Panasonic Corp., the world's largest consumer-electronics maker, announced on Wednesday that it will cut about 15,000 jobs and says it expects to post its first loss in six years amid a global economic slump.
Several important Japanese indicators were released overnight including industrial production, unemployment rate and inflation (see below for details). The releases make horrible reading.
Overall, the dollar continues to strengthen overnight. The only exception among the majors is the pound, which rose after some very good economic reports coming from the U.K. Ahead, the market is likely to become very volatile, especially during the U.S. open, when some important releases are scheduled.
Hollywood stars Angelina Jolie and Brad Pitt caused a fan frenzy at the premiere of Brad's Oscar nominated movie, The Curious Case of Benjamin Button in Japan on Thursday.
Final Oscar ballots were mailed on Wednesday to around 5,800 members of the Academy of Motion Picture Arts and Sciences.
On the official site of Final Fantasy XIII game, the newly released trailer is very awesome; Square Enix has shown off the first in-game footage.
