Topic: Japanese Yen
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How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
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10 weirdest global fast foods
In the US, fast food can get pretty predictable: Burgers, fries, chicken, and a taco or a fish sandwich, if you’re feeling adventurous. Leave it to our international brethren to show us how to loosen up and live a little. Take a look at ten wacky fast food items from around the world.
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Japan: One year after Fukushima nuclear disaster, 4 repercussions
The March 11, 2011 Japan earthquake was one of the world's worst earthquakes. It triggered a tsunami, flooding, landslides, fires, and a meltdown at the Fukushima Daiichi nuclear power plant.
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In Pictures: Japan's 7.1 earthquake
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2011 predictions: interest rates around the world
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Stocks edge higher; IBM pulls up Dow
Stocks overcame a morning slide to finish modestly higher, giving the Standard & Poor's 500 index another record close. Worries about slower economic growth have rattled stocks this month, but they have consistently bounced back.
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Stocks stall on tepid GDP growth
Stocks stalled Friday after GDP didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. Weaker hiring reports have also held stocks back.
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Asian shares dip amidst slowing economic recovery
Worries about trends in global growth, drove down U.S. and European equities, commodities and Asian markets on Wednesday. Earnings forecasts continue to be revised downward, say analysts.
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The Monitor's View: Alternative currencies like bitcoin are a mirror of their users
The e-currency bitcoin spiked and then fell last week, sowing doubts about alternative currencies, whether on the Internet or in local communities. Such experiments need a firm basis of trust.
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Worst lapse in years: Fed probes early release of minutes
More than 100 people received Federal Reserve policy minutes some 24 hours before their scheduled release. Federal Reserve and federal regulators are looking to see if any stocks or other securities were traded based on the information.
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Stocks rise; Best Buy jumps 16 percent
Stocks ended higher on Wall Street Thursday, regaining half of its plunge the day before, as buyers returned to the market. Among stocks making big moves, electronics retailer Best Buy jumped $3.48, or 16 percent, to $25.13.
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$1.4 trillion stimulus planned by Japan central bank
$1.4 trillion stimulus: Bowing to demands from Prime Minister Shinzo Abe for more aggressive monetary easing, the Bank of Japan announced Thursday a policy overhaul intended to double the money supply and achieve a 2 percent inflation target.
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Global markets drop with no clear winner in Italian elections
Some election results in Italy are inconclusive, as of Tuesday. And world economic markets are reacting to the news in a negative manner.
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Stocks little changed as earnings fail to inspire
Stocks were little changed on Wall Street Wednesday as recent earnings reports did little to inspire investors. Stocks are consolidating their gains after surging since the start of the year.
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Stefan Karlsson Currency exchange rates: How did the dollar do in 2012?
The US dollar fell against most other currencies in 2012, with only the Indian rupee, the Brazilian real and the Japanese yen falling in value against the US dollar.
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Stefan Karlsson Japan's new inflationary strategy: wrong target
The cause of Japan's deflation isn't monetary, it's demographic. Inflationary policy won't work in the long term.
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Japan's hawkish Abe claims the win, but not a mandate
Shinzo Abe is set to become Japan's seventh prime minister in 6-1/2 years on Dec. 26. While he is known for a tougher line on China, many say he will focus largely on Japan's economy.
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Japan's new PM to pressure central bank on monetary stimulus (+video)
Shinzo Abe, elected over the weekend, also wants to improve relations with China while remaining firm on the islands dispute. Meanwhile, the yen has slipped, post-election, in financial markets Monday.
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Japan eyes seventh premier in six years after conservative surge
Former Prime Minister Shinzo Abe appears set to rise to high office once again following elections today in Japan.
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How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
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Softbank to pay $20 billion for Sprint (+video)
Softbank reaches deal to buy 70 percent of Sprint. Softbank deal, the biggest foreign acquisition by a Japanese company, would create world's No. 3 mobile company, tied with AT&T.
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Asian markets cheer Spain's plans for reform (+video)
Asian stocks edge up as debt-laden Spain unveils budget plans with sharp cuts in government spending. Euro and Japanese yen climb while dollar falls.
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Stocks snap losing streak
Thursday was the best day for US stocks since Sept. 13, when Federal Reserve Chairman Ben Bernanke announced further steps by the central bank to speed the economic recovery. Stocks were also helped by speculation that the central bank of China will act soon to help the world's No. 2 economy.
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The New Economy Candidates indulge in China-bashing. But it's a distraction, not a solution.
Every presidential election seems to create a foreign bogeyman. But China in 2012 is no more a threat than NAFTA in 1996.
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Asian stocks, boosted by stimulus, fall on economic outlook
Asian stock markets drift lower as concerns rise about global economic weakness. Stock market optimism over stimulus from Fed and other central banks seems to be fading.
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Robert Reich The Fed can't create jobs all by itself
Low interest rates won’t boost the economy without an expansive fiscal policy that makes up for the timid spending of consumers and businesses, Reich writes.
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Stock futures nudged higher by possible ECB deal
Stock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.
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Japan's poverty gap has politicians calling for rise in minimum wage
It is only over the past decade that poverty has come to be recognized in Japan. Prior to that, the government didn't even compile statistics on income inequality.
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Stock market: Fears of Spanish bailout spook traders worldwide
Stock market falls 1 percent or more in much of Asia and Europe. US stock market set for sharp drop, too.
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Euro rally fades after Spain bank rescue
Over the weekend, European countries agreed to lend up to $125 billion to Spain to help its crippled financial industry. Traders are concerned that it's only a temporary fix for the European debt crisis.
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