Most of the Asian markets dropped Monday after the rally last week when investor confidence was buoyed by the optimism that the stimulus measures announced by the central banks in the U.S. and the Europe would help revive the global economic growth momentum.
With the Bank of Korea unexpectedly holding its policy rate at 3 percent, market participants feel that stimulus measures will be urgently needed to reinvigorate the country?s weakening economy.
Super Typhoon Sanba continues to pose grave danger to the Japanese island of Okinawa and the South Korean mainland. Sanba, with peak winds as high as 178 mph, is currently moving north toward Okinawa at 13 mph.
Thursday's announcement by the U.S. Federal Reserve that it would be engaging in a third round of open-ended bond-buying, known as QE3, to energize the economy saw a resoundingly positive reception in the foreign financial markets, where indexes rose Friday. But market-watchers were expecting the global equity party would lead to an inevitable hangover soon, in the form of intervention by central banks around the world, to stop massive inflows of dollars into non-U.S. economies -- in short, a...
Asian stock markets made gains Friday as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.
Most of the Asian markets made gains Thursday as investors remained hopeful waiting for the policymakers in the U.S. to announce monetary easing measures to boost the global economy and rejuvenate the economic growth momentum.
Asian shares eased Thursday ahead of the U.S. Federal Reserve's decision later in the day, but investors remained optimistic of further stimulus action to bolster the world's largest economy.
orth and South Korea technically remain at war since 1953, when their civil war ended in a truce instead of a peace treaty.
Asian stock markets rose Wednesday as investors remained hopeful that policymakers in the U.S. and China would announce monetary easing measures to boost the global economy and rejuvenate economic growth momentum.
Because dengue is caused by one of four kinds of closely related viruses, it's been especially difficult to develop a single vaccine versatile enough to protect against it. Now, an international team of researchers says they've made a breakthrough, but the vaccine has turned out much less potent than observers had hoped.
Britney Spears tried her best to learn the moves of South Korean pop star Psy, on "The Ellen DeGeneres Show" earlier this week.
Most of the Asian markets fell Tuesday as investors' concerns about the debt crisis affecting the euro zone were revived, undermining the optimism initially raised by the bond-buying plan announced last week by the European Central Bank.
Asian shares eased Tuesday ahead of a key German ruling on the euro zone's bailout funds and the U.S. Federal Reserve's policy decision.
Most of the Asian markets rose Monday as investors remained hopeful that stimulus measures would soon be announced by China to boost its economy as its industrial production growth rate slowed down in August compared to previous month.
The expected release date for Apple's iPhone 5 is approaching, with predictors saying the Cupertino, Calif.-based company will unveil the device Sept. 12. As this day draws near, rumors about the next-generation smartphone's features have begun to leak online.
Asian stock markets ended with gains last week after the European Central Bank (ECB) announced plan to reduce borrowing costs of struggling euro zone countries’ and news that Chinese regulators had approved another batch of infrastructure projects, which should stabilize and restore growth in the world's second largest economy. Market participants’ are likely to focus on Federal Open Market Committee (FOMC) interest rate decision on September 13th.
