Markets

It's the rare stock analyst who tells clients to sell shares. But with stocks down last year in all 10 of the markets covered in The Wall Street Journal survey of Asia's Best Analysts, those are the ones who made money for their clients.

James Dimon personally approved the concept behind J.P. Morgan's disastrous trades, but didn't monitor how they were executed. A behind-the-scenes account offers details about the drama inside the bank.

J.P. Morgan Chase didn't have a treasurer in place during a critical time when the bank's Chief Investment Office placed trades that led to more than $2 billion in losses.

J.P. Morgan Chief Executive James Dimon will testify before a key Senate panel as early as next month about his company's $2 billion-plus trading loss.

The J.P. Morgan CEO is not a diplomat and does not perform kowtows to the political powers that be.

U.S. and Chinese regulators are headed toward a possible clash over how Chinese companies are audited.

Pinterest, the online scrapbooking website that has become the latest Silicon Valley darling, has raised $100 million in a financing round that values the start-up at $1.5 billion.

Germany Chancellor Angela Merkel has had warm words, but little more, for calls for Germany to be more active in tackling Europe's debt problems.

Some of the world's biggest insurers are expected to make offers for ING Groep's Asian life-insurance arm by Friday, in an auction that could give the winner a footprint in some of the fastest-growing insurance markets globally.

Spain moved to quell fears of massive deposit withdrawals in Bankia as its shares were pummeled by a report that depositors had withdrawn around $1.27 billion.

In an action unrelated to U.S. sanctions against Tehran, Bank of Tokyo-Mitsubishi UFJ said it has frozen financial transactions with Iran's government and central bank, as ordered by a U.S. federal court.