Asia

Japan Owns More U.S. Debt Than China

Japan is now the largest foreign holder of U.S. debt, knocking China out of first place. Economic policies in Japan are keeping interest rates near record lows there, and Japanese investors have put more money in the U.S., whose Treasury bonds offer higher yields.

Japan 4Q GDP Shrinks Less Than Expected

Japan's economy contracted less than initially estimated in the final quarter of 2015 but private consumption remained weak, underscoring the challenges facing premier Shinzo Abe in restoring growth amid intensifying overseas headwinds.

Japan Central Bank Said to Cut Next Fiscal Year's Growth

The Bank of Japan is expected to cut next fiscal year's economic and price forecasts at a quarterly review in April, sources say, reflecting growing gloom in the bank after its most recent stimulus measures fell on stony ground.

World Bank Again Cuts Global Growth Forecasts

Souring prospects in the world's largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut growth forecasts for the third straight year.

Futures Tick Up Amid Economic Optimism

Strong economic data from Europe and Asia sent U.S. stock-index futures climbing modestly on Wednesday, suggesting the Dow and S&P could open near record highs.

S&P 500 Notches 5th Consecutive Record Close

Wall Street ended solidly in the green as the S&P 500 logged its 11th record close of the year, the first five-day string of record closes since '98. The Dow also notched its 17th record close.

S&P Builds on Record Highs, Dow Slips

The broad S&P 500 logged a fresh record high Monday in light trading, while the Dow tilted slightly lower, as traders took a breather after a hectic week.