Skip navigation

Nikkei turns down as market wary ahead of Fed outcome; Sony gains

TOKYO (Reuters) - Japan's Nikkei average reversed early gains on Tuesday, underscoring the volatility that has roiled the market lately, as investors awaited the outcome of a Federal Reserve meeting for clues on whether it will continue to support the U.S. economy. Full story

Japan says G8 stance is sign of approval for "Abenomics"

TOKYO (Reuters) - Japanese cabinet ministers welcomed the Group of Eight summit's stance on Tokyo's sweeping stimulus policies as a vote of confidence in the government's strategy to end 15 years of entrenched deflation and revive a lackluster economy. Full story

China May home prices rise at fastest pace this year

BEIJING (Reuters) - China's house prices rose at the fastest pace this year in May from a year earlier, though the pace of gains eased from the previous month, highlighting the dilemma facing the central bank as it balances the need to support the economy against holding down housing inflation. Full story

Australia eyes Buddha and baccarat to lure Chinese tourists

SYDNEY (Reuters) - Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese tourists. Full story

G8 urges Europe to move on bank reform, Japan to fix budget

ENNISKILLEN, Northern Ireland (Reuters) - The euro zone came under pressure from other rich economies on Monday to press on with a banking union and Japan was urged to follow up on massive central bank stimulus with structural reforms and measures to tackle its budget deficit. Full story

G8 leaders say economic prospects remain weak, warn Japan on fiscal plan

ENNISKILLEN, Northern Ireland (Reuters) - Group of Eight leaders said on Monday that world economic prospects remained weak even though downside risks have lessened due partly to policy action taken in the United States, the euro zone and Japan. Full story

Sponsored Links

Articles

US sees nothing new in NKorea talks offer

Big investor urges Smithfield breakup over buyout

Merkel says Japan PM to introduce structural reforms

News Summary: Investor says Smithfield worth more

Snowden says 'litany of lies' prompted him to leak U.S. surveillance

Chinese supercomputer named as world's fastest

Big shareholder urges Smithfield breakup over buyout

Shareholder urges breakup of Smithfield, not takeover

China to host North Korean officials for talks this week

China pressured U.S. university to ask me to leave, dissident says

Video

  Cashin: Japan Is Playing a 'Dangerous Game'

Monetary policy in Japan could trump news from the Fed this week, and the kind of inflation the Bank of Japan is creating - with little or no velocity - is a "dangerous game", said Art Cashin, UBS Financial Services director of floor operations.

  Did Snowden have as much access as he claims?

NBC News' Andrea Mitchell joins a conversation about former CIA employee Edward Snowden and his leaks on the NSA's phone and internet surveillance programs.

  Santelli: Has Abe's Arrow Missed Its Target

CNBC's Rick Santelli and Tobias Harris, Observing Japan author, discusses whether Japan will be able to grow its economy and get its fiscal house in order.

  Fitch: 'Unprecedented' China Bubble Forming

David Riedel, Riedel Research Group president and founder, discusses how China's shadow banking system could create a situation where the country finds it hard to grow its way out of credit excesses.

  Activist Investor Urges Smithfield Breakup Over Buyout

Starboard's Jeff Smith explains why he believes selling Smithfield Foods piece-by-piece will breakout greater value for the company than a planned sale to a Chinese meat company.

advertisement | ad info

Related Photos

South Korea's President Park talks with Facebook CEO Zuckerberg at the presidential Blue House in Seoul
South Korea's President Park talks with Facebook CEO Zuckerberg at the presidential Blue House in Seoul

South Korea's President Park Geun-hye talks with Facebook CEO Mark Zuckerberg at the presidential Blue House in Seoul June 18, 2013. REUTERS/Doh Gwang-hwan/Yonhap (SOUTH KOREA - Tags: POLITICS BUSINESS) ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO SALES. NO ARCHIVES. FOR EDI

South Korea's President Park greets Facebook CEO Zuckerberg at the presidential Blue House in Seoul
South Korea's President Park greets Facebook CEO Zuckerberg at the presidential Blue House in Seoul

South Korea's President Park Geun-hye greets Facebook CEO Mark Zuckerberg at the presidential Blue House in Seoul June 18, 2013. REUTERS/Doh Gwang-hwan/Yonhap (SOUTH KOREA - Tags: POLITICS BUSINESS) ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO SALES. NO ARCHIVES. FOR EDITORIA

A Chinese tourist takes a picture from the steps of the Sydney Opera House in Sydney
  A Chinese tourist takes a picture from the steps of the Sydney Opera House in Sydney

A Chinese tourist takes a picture from the steps of the Sydney Opera House in central Sydney June 18, 2013. Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese tourists. But the local mayo

A Chinese tourist poses for a picture in front of the Sydney Opera House in Sydney
  A Chinese tourist poses for a picture in front of the Sydney Opera House in Sydney

A Chinese tourist poses for a picture in front of the Sydney Opera House in central Sydney June 18, 2013. Australia's coastal Wyong region outside Sydney, a pretty stretch of pristine beaches and wildlife-filled wetlands, isn't high on the travel agenda of most Chinese tourists. But the local mayor