Asia

In part 1 of our 2 part series on financial crashes and bubbles we explored some of the earliest events that occurred prior to the 1900s.  In part 2 we will explore more ‘modern’ crashes.   Wall Street Crash of 1929   The 1920s was known as the “Roaring...

Every one of Asia's major stock markets ended trading on Wednesday higher, as hopes of a deal between Greece and its creditors were on the rise. Asian stock markets have been sensitive to any news coming out of Europe regarding the financial crisis that the region has been experiencing. A Greek...

Piper Jaffray maintains its Overweight rating on Guess (NYSE: GES) following a travel through the company's Asia stores. Piper Jaffray notes, "Asia remains the highest sales growth vehicle across all major geographic regions. We view China as the most compelling opportunity within Asia driven by...

Piper Jaffray maintains its Neutral rating on Gap (NYSE: GPS) as it sees its premium in Asia lagging compared to other US competitors operating there. Piper Jaffray comments, "The HK store brings the total store count in China to nine with another couple planned by YE and plans to have 45 open by...

Piper Jaffray maintains its Overweight rating on Crocs (NASDAQ: CROX) as the company's Asian operations are expected to grow. Piper Jaffray comments, "Asia accounts for ~38% of CROX's annual revenue and 45-50% of operating income. Crocs sells directly in Japan, China, Korea, Hong Kong, India,...

Most Asian stock markets fell on Monday as traders reacted to the news that North Korean dictator Kim Jong Il died over the weekend. Although few foreigners will mourn the passing of the North Korean leader, the markets were understandably rattled over concerns that his passing will create a power...

The alleged Iranian plot to assassinate the Saudi Arabian ambassador to the United States threatens to disturb the delicate balance of power in the Middle East. The Sunni Muslim monarchy of Saudi Arabia and the Shiite Muslim theocracy of Iran have been increasingly at odds over a number of disputes...

The markets have responded favorably after five of the world's most important central banks announced a joint effort to provide the banking sector with additional liquidity. As the talk of a Greek default increases, there has been growing concern that Europe's banks might stop loaning to each...

While still in relative infancy, I expect this story in USA Today to become an increasingly common situation, especially for younger Americans.  After decades of foreigners coming to our shores for work opportunities, we may be at the beginning of a massive sea change.  While much more common in...

The Asian Development Bank (ADB) announced on Wednesday that it expected slower economic growth for Asian economies than it had predicted earlier this year. The Asian Development Bank forecast growth for Asia (excluding Japan) of 7.5 percent in both 2011 and 2012, which was down slightly from its...