Most Asian markets extend their recent decline, as fresh concerns about Europe as fresh concerns about Europe — including a possible bailout for Cyprus — emerge in the run-up to this week’s European crisis summit.
The Australian media sector appears to be in the first stages of a major shake-up, which analysts say is sorely needed, judging by the share-price performance of some firms so far this year.
The editorial staff of Edmunds.com lists the best bets for used cars, based on reliability, safety and availability. Check out the best bets in 15 categories.
The Federal Reserve’s latest efforts to push long term interest rates down is running up against the Treasury’s attempt to lock in today’s historically low borrowing costs.
HONG KONG (MarketWatch) -- The lower house of Japan's parliament on Tuesday voted in favor of a controversial bill to double the consumption tax rate to 10% by 2015, according to several media reports. The legislation was cleared with 363 votes in favor and 96 against in the chamber. However, the possibility of a split in the ruling Democratic Party of Japan remained, with Reuters citing national broadcaster NHK as reporting that 57 lawmakers from the party failed to back the bill. If 54 or more lawmakers from the DPJ leave after this vote, the party will lose its current majority in the lower house.
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