(Corrects direction in Treasuries price and yield moves in paragraph 6)
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook.
Asian shares fell on Tuesday as a report of fresh missile tests by North Korea added to market tensions at a time when investors are questioning if they are too optimistic about the global economic outlook.
Stock index futures pointed to a lower start on Tuesday as Wall Street reopens following a long weekend, with investors rattled by mounting tensions surrounding North Korea.
Asian shares edged lower on Tuesday with stocks in Seoul down 1.2 percent after North Korea threatened to launch more missiles and while investor doubts about the world economy kept riskier assets such as the euro under pressure.
Major world economies including member nations of the the Group of 8 officially launched a partnership yesterday to accelerate the implementation of energy efficient measures in their economies.
President Barack Obama on Monday expressed grave concern over North Korea's nuclear test.
South Korean President Lee Myung-bak faces a challenge this week on how to soothe political rancor that spilled out on Monday after the suicide of his predecessor Roh Moo-hyun and could threaten his economic reforms.
World leaders condemned North Korea for carrying out nuclear and missile tests and U.S. President Barack Obama said Pyongyang's actions were a reckless challenge warranting action from the international community.
North Korea conducted an underground nuclear test on Monday, stoking tension across the regional economic powerhouse of East Asia and prompting U.N. Security Council members to call an emergency meeting.
North Korea said it successfully conducted a nuclear test on Monday, a move certain to further isolate the prickly state, which argues it has no choice but to build an atomic arsenal to protect itself in a hostile world.
South Korean stocks and the won dipped after North Korea said it had conducted a nuclear test on Monday, but the reaction was limited as investors had expected such a move from the North and have become long accustomed its provocations.
Oil prices fell toward $61 a barrel on Monday, shedding some of the previous session's gains, on growing risk aversion after North Korea said it had successfully conducted a nuclear test.
North Korea is warning ships to stay away from waters off an east coast missile base, a Japan Coast Guard spokesman said on Friday, suggesting it could be preparing for a short-range missile test.
South Korea's top technology university has developed a plan to power electric cars through recharging strips embedded in roadways that use a technology to transfer energy found in some electric toothbrushes.
The United Auto Workers union expects a crucial round of restructuring talks with General Motors Corp to intensify this coming week ahead of an end-of-May deadline set by the Obama administration.
The United Auto Workers union expects a crucial round of restructuring talks with General Motors Corp to intensify this coming week ahead of an end-of-May deadline set by the Obama administration.
Most Asian stock markets fell on Monday on concerns about corporate profits and a still-uncertain outlook for the global economy, but Indian shares surged following the ruling coalition's sweeping election victory.
Forget about bells and whistles. Asians have gone back to basics in the economic slowdown and are opting for no-frills, lower-priced products rather than brand names and items with fancy features that rarely get used.
NKorea nullifies industrial contracts with South unconditionally
North Korea said on Friday it was cancelling all wage, rent and tax agreements with South Korea at a joint factory park just north of their heavily armed border that has become a focus of friction between the rival states.
Two U.S. journalists will be tried by North Korea on June 4 on accusations of illegal entry and hostile acts.
