Showing 21 - 30 of 42
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.
US Fed fines Deutsche Bank $41m for unsound practice
Associated Press, Published on 31/05/2017
» WASHINGTON - The Federal Reserve has fined Germany's largest bank US$41 million for failure to maintain controls against money laundering in its US operations.
Exploring ways to farm popular Pacific fish
Business, Associated Press, Published on 29/05/2017
» The dark gray fish prized for its buttery flavour live deep in the ocean, so researchers keep their lab cold and dark to simulate ideal conditions for sablefish larvae.
Chunky monkey on diet after gorging on junk food
Associated Press, Published on 19/05/2017
» BANGKOK -- A morbidly obese wild monkey who gorged himself on junk food and soda left behind by tourists has been rescued and placed on a strict diet of lean protein, fruits and vegetables.
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.
Asian stocks mixed as investors assess Fed minutes
Associated Press, Published on 05/01/2017
» HONG KONG - Asian stock indexes were mixed Thursday as investors assessed the latest US Federal Reserve board's meeting minutes. Japanese shares slipped as the yen strengthened against the dollar.
Sri Lanka on cautious path to peace
News, Associated Press, Published on 06/06/2016
» For seven years, the ethnic Tamil housewife has waited for news of a son who vanished near the frenzied end of Sri Lanka's quarter-century-long civil war. After so much time, she has little faith that the Sinhalese-majority government will help solve such mysteries and heal old wounds.
Bangladesh loses $100m from New York bank account
Associated Press, Published on 10/03/2016
» NEW DELHI -- The Bangladesh central bank says it is working to recover some US$100 million it lost from an account at the Federal Reserve Bank of New York.