Market Watch
Tokyo exporters, Shanghai financials lift region
Asian indexes rebound strongly Thursday, with Japanese stocks bouncing back on gains for exporters such as Nintendo Co. and Honda Motor Co. after an advance on Wall Street, while Hong Kong stocks snap a four-day losing streak on resource issues such as Cnooc and Aluminum Corp. of China.
Edging back into the market
A fierce February has left investors bruised, but stocks are still roughly where they were when it began. And one letter that called this winter's woes is continuing to edge back into the market.
The real reason Wall Street is selling Visa
If you want to know how Wall Street works, look at Visa?s initial public offering.
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· Bank of America says merger on despite Countrywide woes
Bank of America Corp.'s acquisition of struggling mortgage company Countrywide Financial Corp. is proceeding as planned despite skyrocketing delinquency rates in the lender's mortgage portfolio, the bank says.
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· Lifecasting may seem odd to some but it may be the future
A young software developer named Justin Kan used to irritate me to no end as he went around San Francisco early last year with a Web camera on top of his head, filming and streaming over the Internet everything in his view.
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· Rio Tinto sells Cortex gold mine stake for $1.7 bln
Rio Tinto announces its unit Kennecott Explorations has completed the sale of its 40% interest in the Cortex gold mine in Nevada to joint venture partner, Barrick Gold Corp., for $1.7 billion in cash.
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· Brazil benchmark gains 1.5%; Mexico ends higher
Brazilian stocks close higher Wednesday as investors hunted for bargains among blue chips, and Mexican stocks track Wall Street to a higher finish.
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· Stocks in focus for Thursday
Among the companies whose shares are expected to see active trade in Thursday's session are Blockbuster, National Semiconductor and Urban Outfitters.
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· No rate change expected at Fukui's last Bank of Japan meeting
Bank of Japan Governor Toshihiko Fukui presides over his final policy board meeting in Tokyo from Thursday, with the two-day event expected to yield little change to monetary policy. As Fukui prepares to exit, it remains to be seen who will take the helm at what is a critical juncture for both the Japanese and the global economy.
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· Bank fees even confound experts; how to unearth them all
Get out an extra-powerful magnifying glass if you?re trying to learn what fees you?ll be charged once you open a checking or savings account.
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