Showing 1 - 9 of 9
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.
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.
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.
BoJ tweaks stimulus to encourage corporate spending, hiring
Associated Press, Published on 18/12/2015
» TOKYO — The Bank of Japan tweaked its lavish stimulus programme on Friday in a well-timed move that spotlights pressures on companies to do more to support growth by raising wages and investing in factories and equipment.
US rate hike ends wait, but not uncertainty for Asia
Associated Press, Published on 17/12/2015
» TOKYO — The Federal Reserve's rate hike was welcomed in Asia as a sign of strength in the US economy, a major market for the region's exports. But it might also bring difficulties by complicating Chinese efforts to avoid a sharper economic slowdown and keep the yuan steady.
US stocks tumble on global slump fears
Associated Press, Published on 22/08/2015
» NEW YORK — Growing concerns about a slowdown in China shook markets around the world on Friday, driving the US stock market to its biggest drop in nearly four years.
Fed on track to raise rates this year
Business, Associated Press, Published on 19/06/2015
» WASHINGTON: The Federal Reserve took note on Wednesday of a strengthening US economy and appears on track to raise interest rates this year for the first time in nearly a decade.