Concerns about prospects for the global economy sent Asian shares falling, reversing gains made after Barack Obama became the U.S. president-elect. Markets in South Korea, Hong Kong and Japan all fell, although in Australia, a senior member of the g...
Financial markets in Asia have rebounded after massive central bank intervention and moves by the United States authorities to assist troubled financial firms. But as Ron Corben reports from Bangkok, while Asia's economic growth prospects are expect...
Stock markets across Asia followed U.S. and European shares sharply lower, in reaction to the collapse of the investment company Lehman Brothers. The markets in Tokyo, Seoul and Hong Kong - which were closed Monday for a holiday - led the selling. V...
Asian stock markets dropped sharply Monday after one of the world's biggest investment banks declared bankruptcy and another was taken over. Stock markets in Australia, Taiwan and Singapore dropped three-to-four percent on fears that the credit mark...
Asian Americans make up just five percent of the U.S. population, but they may play an important role in Tuesday's presidential election in such key states such as Virginia and Nevada. Mike O'Sullivan reports from Los Angeles, both major political p...
Asian stock markets had another rough and tumble day, even as policymakers sought to restore confidence. Leaders of advanced economies voiced concern about swings in Japan's currency, and South Korea's president outlined his agenda for getting throu...
Asian and European leaders meeting in the Chinese capital, Beijing, say current efforts to resolve the global financial crisis are not enough and that further cooperation is needed. Daniel Schearf reports from Beijing. ASEM delegation members during...
Asian and European leaders are meeting in the Chinese capital to discuss ways to increase confidence in world markets. Chinese President Hu Jintao has said uncertainties and instability are increasing in China's economy as a result of the global fin...
East Asian nations have agreed to form an $80 billion fund to help each other fend off the effects of the global financial crisis. As Daniel Schearf reports from Beijing, the fund could help boost confidence in the region's markets. Chinese Premier...
Asian share prices have fallen for a third day as investors feared a global recession would badly hit company earnings. Japan's Nikkei index closed at a five-and-a-half year low, down 9.6 percent after the country's electronics giant Sony halved its...