Stock Market Gains, Economic Recovery Boost U.S. Dollar
Investors are showing more interest in the dollar, which is benefiting from the stock market's surge to new highs and an improving U.S. economy.
Currencies
Will Ben Bernanke Give the Market What It Wants?
Financial markets are likely to continue to expect another round of Fed easing for the time being, even if Fed Chairman Ben Bernanke just holds out hope for more without committing to it.
A Rookie's Guide to Investing in Emerging Markets
The U.S. stock market's recent gyrations have many investors ready to look overseas for better returns. But it's a complicated world out there, which is why many less-experienced investors are still sitting on the global sidelines. Here's what you need to know make investing in emerging markets a little less scary.
Investment Tips: How to Tame the Wall Street Beast
Amid plenty of uncertainty, investors are looking for strategies that will make them wealthy. But you should forget about the idea of getting rich quick and focus on diversity, according to Larry Light, author of the new book, Taming the Beast: Wall Street's Imperfect Answers to Making Money.
China's Record Foreign-Currency Reserves Heat Inflation Concerns
China's foreign-exchange reserves jumped by a record 7.5% during the fourth quarter, increasing concerns over the country's inflation, The New York Times reported Tuesday.
Why Asian Nations Hate QE2, and What They Should Do
As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed's $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are installing capital controls in response, but those won't be enough, says global finance expert Peter Cohan.
Asian Markets Surge Thanks to QE2
Shares in Asia rose sharply Thursday, thanks to Ben Bernanke's brand new rescue package. In Japan the Nikkei 225 Index climbed 2.2% to close at 9,359 and in China the Shanghai Composite Index advanced 1.8% to 3,087. Hong Kong's Hang Seng Index rose 1.6% to end the day at 24,536.
China Hikes Rates, and the World Stumbles
China surprised international markets Tuesday by raising key interest rates for the first time in three years. The move sparked a worldwide sell-off on worries that it could cause the Chinese economy to slow down.
