Gold prices hit a record high on Thursday as the softer dollar and uncertainty about economic and financial stability persuaded investors to seek a safe place to park their assets.
Japan's move to devalue the yen and China's continued currency manipulation show a global drive to grow economies with more exports. Will Obama be just as tough in boosting US exports and creating jobs?
Naoto Kan stamped his authority on government policy, making the yen less of a one-way bet — even if the effects of intervention prove to be short-lived.
Paul Krugman argues that WWII spending bought America out of the Great Depression. But what about the other side? What happened with military spending in Japan?
Japan Prime Minister Naoto Kan was reelected head of the ruling Democratic Party on Tuesday, surviving a challenge from scandal-tainted Ichiro Ozawa and sparing Japan another leadership change.
Nervous investors are sticking their money in mattresses, bonds, gold, and other 'safe' investments. Swiss francs might be the next emblem of safety.
Stock market results are looking up in Europe Tuesday, despite bad news about the global economic recovery.
Rupee has joined the ranks of the dollar, the pound, the euro and the yen with its own currency symbol.