Crisis on Wall Street

Japan's economy shrinks 2.3 percent in 4Q

Japan's economy shrank 2.3 percent in the fourth quarter as manufacturers were battered by the strong yen, weak export demand amid the European debt crisis and flooding in Thailand. (full story)

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Asia stocks rise after Greece austerity vote

Asian stock markets rose Monday after Greece's parliament approved a new set of austerity measures that were required by international lenders in exchange for an emergency bailout. (full story)

Oil above $99 as Greece approves austerity cuts

Oil prices rose above $99 a barrel Monday in Asia after the Greek parliament approved new austerity measures that should secure a bailout and avoid bankruptcy. (full story)

Jittery investors watch Greece, US economic data

For the past six weeks, Wall Street traders have optimistically pushed the Dow Jones industrial average up nearly 4.8 percent on a belief that the U.S. economic recovery is finally gaining momentum. (full story)