Yen Weakness Boosts Nikkei
Asian stocks advanced Monday as the U.S. dollar's continued rise pushed Japanese stocks higher to a fresh 5½ year high. The Nikkei rose 1.5%. » Full PostSource: WSJ.com: What's News US |
Gold Slump Hits Silver
Gold's longest slump since the financial crisis extended for an eighth day, with the tumble spilling over into silver, which fell to its lowest level since 2010 in early Asian trading. » Full PostSource: WSJ.com: What's News US |
Don't Cry for Me, Euro Zone
Can countries like Greece and Spain go on enduring the unyielding squeeze indefinitely? So far, they say yes. So, too, did Argentines in the late 1990s and early 2000s—that is, until they didn't. » Full PostSource: WSJ.com: What's News US |
Fosun Eyes $1 Billion Private-Equity Fund
Chinese conglomerate Fosun International is raising a $1 billion private-equity fund that will invest in Europe and international companies seeking to expand in China. » Full PostSource: WSJ.com: What's News US |
'Star Trek' Transports Overseas
"Star Trek: Into Darkness" grossed $70.6 million this weekend in the U.S. and Canada, falling short of Paramount Pictures' hopes. But the movie sold better overseas than the 2009 "Star Trek." » Full PostSource: WSJ.com: What's News US |
Elan Sets Out Deal Plans
Elan shed further light on plans to rebuild its business and secure its long-term future, three months after selling off its only drug in production in a $3.25 billion deal. » Full PostSource: WSJ.com: What's News US |
Japan Upgrades Economic Outlook
The Japanese government upgraded its assessment of the domestic economy for the first time in two months in its May report, as a pickup in exports fueled by the weak yen helped improve confidence in J. […] » Full PostSource: WSJ.com: What's News US |
Hon Hai Confirms Employee Deaths
Two Hon Hai employees have fallen to their deaths in China since late April, highlighting the continued struggles the Apple supplier is facing as it tries to manage its growing workforce in mainland C. […] » Full PostSource: WSJ.com: What's News US |
Chinese Credit Surge Raises Property Fears
Surging credit has kept China's real-estate sector humming in the teeth of a renewed attempt by the government to bring prices under control, risking a destabilizing correction in prices down the line. […] » Full PostSource: WSJ.com: What's News US |
Dairy Giants in China Yogurt Venture
France's Danone and China Mengniu Dairy are striking a deal intended to quench China's growing dairy thirst and squelch fears about the safety of local dairy producers. » Full PostSource: WSJ.com: What's News US |
Dollar Falls Against Yen
The dollar lost ground against the yen and the euro, while European stocks edged higher, supported by another record close on Wall Street Friday. » Full PostSource: WSJ.com: What's News US |
Chesapeake Taps Lawler as CEO
Chesapeake Energy tapped Robert Douglas Lawler, a 46-year-old executive at Anadarko Petroleum, to succeed Chesapeake co-founder Aubrey McClendon as CEO of the nation's second-largest natural-gas produ. […] » Full PostSource: WSJ.com: What's News US |
Swedish Firms Squeezed as Krona Strengthens
Swedish exporters like Sandvik and BabyBjorn are struggling to cope with a stronger krona, which is hurting profits on exports. » Full PostSource: WSJ.com: What's News US |
Japan Pledges $2 Billion for African Projects
Japan is pledging $2 billion for energy and mineral projects in Africa, capping a conference with government resource officials from across the continent. » Full PostSource: WSJ.com: What's News US |
Regulators Scrutinize Firms' Ties to Insurers
The New York Department of Financial Services sent subpoenas to a handful of Wall Street investment firms about their entries into so-called fixed annuities. » Full PostSource: WSJ.com: What's News US |
