Showing 1 - 10 of 23
Asian shares tumble as US-China trade war renews uncertainty
Associated Press, Published on 26/08/2019
» TOKYO: Asian shares tumbled Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.
World economy forecast to slow in 2019
Associated Press, Published on 21/01/2019
» DAVOS, Switzerland: The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising US interest rates.
Dow, S&P 500 at record highs
Associated Press, Published on 21/09/2018
» Wall Street delivered another set of milestones Thursday as a wave of buying sent US stocks solidly higher, driving the Dow Jones Industrial Average above the all-time high it closed at in January.
Asian shares fall after Wall Street plunge
Associated Press, Published on 09/02/2018
» BEIJING: China's stock market benchmark plunged 5.5% on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off.
Asian shares mirror Dow comeback, dollar steady
Associated Press, Published on 07/02/2018
» TOKYO: Asian shares saw a broad rebound on Wednesday, mirroring the bounce-back rally on Wall Street, though gains were in a modest range and most benchmarks gave up some gains after opening sharply higher.
US stock rally turns 567 point loss into 567 point gain
Associated Press, Published on 07/02/2018
» NEW YORK: US stocks rallied Tuesday as a late surge helped them regain almost half their losses from the day before, when they had their biggest plunge in 6-1/2 years. That came at the end of a day of heavy trading and huge swings for the market.
Fed raises key US interest rate
Associated Press, Published on 15/06/2017
» WASHINGTON - The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed also announced plans to start gradually paring its bond holdings later this year, which could cause long-term rates to rise.
Global finance officials argue benefits of free trade
Associated Press, Published on 22/04/2017
» WASHINGTON -- The world's major economies are united in their belief that free trade delivers healthy economic growth. But they also agree that more needs to be done for those left behind, and the new Trump administration is letting it be known that it intends to make sure that America's trade deals are fair for US workers.
US Fed raises rates 0.25%
Associated Press, Published on 16/03/2017
» WASHINGTON - The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that further hikes this year will be gradual. The move reflects a consistently solid US economy and will likely mean higher rates on some consumer and business loans.
US stock index passes 21,000 for first time
Associated Press, Published on 02/03/2017
» NEW YORK - Banks and other financial companies led US stocks sharply higher in afternoon trading Wednesday, pushing the Dow Jones industrial average above 21,000 points for the first time.