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LATEST HEADLINES

Asian Stocks Tumble, Nikkei Slumps 3.1%
Asian markets were sharply lower Thursday on increasing concerns over the spreading debt crisis in the euro zone, and Japanese exporters with high exposure to Europe took a particularly hard hit from the euro's weakness. The Nikkei was down 3.1%.

Indonesia's Mulyani to Step Down
Indonesia's highly respected finance minister plans to step down to take a position at the World Bank, a move that could deal a significant blow to the country's reform efforts.

Suspect's Links to Taliban Probed
Deployments Augur Key Afghan Fight
U.S. to Push for New Broadband Rules
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Emerging Markets' Low Yields Find Fans
Taliban Attack Provincial Capital
For Loonies, Life Imitates Farce
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What’s News —

Business & Finance

NYSE Trading Glitch Resolved
Problems with hand-held devices at the New York Stock Exchange forced roughly a third of the exchange's floor brokers to turn to other trading venues, but the issue was fixed before midday.
NAB's Net Profit Drops 22% on Derivatives
National Australia Bank posted a 22% fall in its first-half net profit after booking higher losses on the market value of derivatives, while cash earnings were boosted by a fall in bad debt charges and improved profit in its business banking and wealth management arms.
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Hua Xia, China Everbright to Test IPO Market
Chinese banks aim to raise about $70 billion at a time of concern about their balance sheets and the outlook for China's economy.
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SEC Probes Berkshire Disclosures
The SEC is examining how Berkshire Hathaway informed other Burlington Northern shareholders about its offer to buy the company in late October 2009.
- India Real Time: How 12-Year-Old Sparked Buffett's India Trip
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GM Hires Former Hyundai Advertising Executive
General Motors named a new head of U.S. marketing and the auto maker said it plans to double U.S. sales of its Buick brand within the next few years.
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Prudential PLC Delays Rights Issue
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H-P Says India Unit Under Probe
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'The Big One': Bankers Expect Megabuyout
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Moment of Truth for U.S. Productivity Boom
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No Charm, Dynamics In Debuts

Greece's Debt Crisis

- + A bank employee was surrounded…
  
  A bank employee was surrounded by people after being rescued from a fire that broke out in an apparent firebomb attack on a bank in Athens Wednesday.
  Iakovos Hatzistavrou/Associated Press
- + A protester gestured to police…
  
  A protester gestured to police near the Parliament building in Athens.
  Aris Messinis/Agence France-Presse/Getty Images
- + A riot policeman ran from angr…
  
  A riot policeman ran from angry protesters in Thessaloniki.
  Giorgos Nissiotis/Associated Press
- + Greek riot policemen clashed w…
  
  Greek riot policemen clashed with protesters in Athens.
  Aris Messinis/Agence France-Presse/Getty Images
- + A Greek riot policeman sprayed…
  
  A Greek riot policeman sprayed tear gas in Athens.
  Aris Messinis/Agence France-Presse/Getty Images
- + Protesters fled tear gas deplo…
  
  Protesters fled tear gas deployed by Greek riot police in Athens.
  Milos Bicanski/Getty Images
- + Greek police stood in front of…
  
  Greek police stood in front of demonstrators as they guarded a government building in Mytilene.
  Uriel Sinai/Getty Images
- + A protester threw a stone towa…
  
  A protester threw a stone toward police near the Parliament building in Athens.
  Aris Messinis/Agence France-Presse/Getty Images
- + A demonstrator offered help to…
  
  A demonstrator offered help to a riot police officer who slipped and fell.
  Dimitri Messinis/Associated Press
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Europe Crisis Deepens as Chaos Grips Greece
Greece's fiscal crisis took a new turn to violence when three people died in a firebomb attack amid a national strike, while governments took steps to prevent the widening financial damage from hitting their own economies.

Sports

Schumacher's New Ride
Michael Schumacher, who is currently struggling after dominating Formula One during a 16-year career, could get a boost in the standings thanks to a revamped Mercedes.
Zimbabwe Draws Boos For Soccer Overture

Opinion

Business Asia: The Irrelevant Yuan?
You're not going to change the balance of China trade by adding 25 cents to the cost of a T-shirt.
A New Light on India's Judges

Editors' Picks

China

China Attacks Spotlight Mental Health
The spate of recent attacks on children in China has raised questions about how the world's most populous country treats its mentally ill.
IPO of China Lender Could Be Biggest
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Chinese Philanthropy Comes of Age

India

Hyundai Expects India Sales to Slow
Hyundai Motor expects Indian sales growth to slow after a strong start this year as taxes on cars and interest rates rise.
Videocon Seeks Revocation Of World Bank Ban
Air India Plans to Refinance Loan, Rejig Fleet

Markets

Europe, Growth Fears Hurt Asia
Jitters over Europe's growing debt problems are adding to Asia's stock-market malaise, as investors wonder whether the region's surprisingly strong recovery has already peaked.
EU Worries Push Stocks Lower
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Volatility Shakes Up Mortgages

Tech

Facebook Glitch Exposed Private Chats
Facebook temporarily shut down its chat system after a technical glitch exposed some users' instant messages and friend requests.
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Bazaar: Hong Kong
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Symantec Swings To Profit On Higher Revenue

World

Nigeria President Yar'Adua Dies
Nigerian President Umaru Yar'Adua, long plagued by poor health, has died at age 58, almost three months after his vice president assumed control of Africa's most populous nation.
Greece Fuels Fears of Contagion in U.S.
Banks Keep Lending To Greece

U.S.

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Fed Moves to Limit Oversight
Presidents of four Regional Fed banks went to Capitol Hill to personally make their case against proposals in the legislation that would curb their authority.
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U.S. Spies Rethink Tactics
No-Fly List Gap Is Closed

Life & Style

Stellar Cellars
Pack your bags, put on your driving shoes and cleanse your palate: These wine tours—in Australia, New Zealand, India and South Africa—will lead you to a few well-known cellar doors, as well as some undiscovered wineries that are ripe for the picking.
The Collector: Designer Jason Wu
Phnom Penh's Sour Fish Soup

Opinion

Michael Auslin: Korea Takes Up the Mantle of Leadership
Seoul is strengthening ties with Japan and acting as a go-between to ease the U.S.—Japan rift.
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A Fannie Mae Political Reckoning
Henninger: Blame Obama. Why Not?

Market Data Center

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Data: Dow Jones, Reuters

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The Best of Spring's Style Books
The latest crop of books explores the surfaces and depths of fashion.
- Excerpt: 'House of Versace'
Shhh, the World's Most Notorious Dictator Is Visiting -- Don't Tell Anyone
China this week is playing host to North Korean dictator Kim Jong Il, but people who rely on Chinas major state media outlets for news could be forgiven for not knowing.
Book Now for a Summer Trip
With airlines reducing capacity and travel demand up, fares are climbing.
- Podcast: Flights to Get More Expensive
- News Hub: Airfares Fly High This Summer
Trying to Make Your Baby Bilingual
We test four companies that offer classes, DVDs and play groups to teach babies and toddlers foreign languages.
Pictures of the Day
In today's photos, Tennesseans clean up after a storm, election supporters grab for souvenirs in the Philippines, a baby seal is caught and more.
A Counterintuitive Proposal on China Property Taxes
Chinas top state think tank urged the adoption of a property-ownership tax, similar to what others have recommended to curbspeculation in Chinas property market. But perhaps more interesting was its call to cut or eliminate several of Chinas existing property transaction taxes.
Asia in Photos
North Korea's leader Kim Jong-il in China, a vote recount in Baghdad, a Quran recital festival in Indonesia and more.

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LATEST HEADLINES

What’s News —

Business & Finance

Editors' Picks

How to Read this Chart

Suspect Admits Bomb Plot437 comments

Europe Crisis Deepens as Chaos Grips Greece373 comments

Opinion: Democrats at Ramming Speed325 comments

Opinion: Arizona's Immigration Mistake303 comments

Conservative Latinos Rethink Party Ties233 comments

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