Yen weakens as a rebound in Asian stocks revives demand for carry trades; Analysis by Jeremy Stretch of RaboBank

WAVES of selling in global stock markets crashed into Asia on Friday, with gains from the region's 5-year bull run now erased, and investors seen camping out in government bonds and cash for the rest of the ...

Most Asian markets rebounded Friday after days of sharp declines in stocks around the world as investors scooped up battered financial and technology shares.

Major regional benchmarks opened lower after Wall Street touched multiyear lows overnight but climbed into positive territory by midday. Oil prices, which had fallen below $49 a barrel to three-year lows in early Asian trading, also bounced back.

But with signs of recession spreading around the globe, the outlook remains grim, analysts said.

Investors flooded into government debt again on Thursday, launching the 30-year Treasury bond to a huge one-day gain as worries mounted about an auto industry collapse.

The 30-year bond rose more than 9 points, hurtling its yield down to 3.46 percent _ the lowest level since the government started issuing the bond in 1977 _ from 3.91 percent Wednesday.

'It's the biggest move that the bond market has ever seen,' said Tom di Galoma, head of Treasurys trading at Jefferies & Co. 'Institutional investors are hiding out in Treasurys. There's no other place to hide but in Treasurys.'

Stocks sold off at an accelerated speed late on Thursday as oil's drop below $50 hit the energy sector and investors' worries about the prospects for an automakers' bailout increased fears of a deepening ...

Pedestrians walk past an electronic billboard displaying current FTSE 100 stock market data in London, Thursday, Nov.

The economy's health worsened in October as stocks, building permits and consumer expectations all fell, a private research group said Thursday.

Russia's battered stock markets suffered another chaotic day of trading Thursday, as regulators shut the exchanges in response to falling share prices, then reopened them - a practice that is wearing thin with ...