WASHINGTON (AP) — The new head of the 189-nation International Monetary Fund warned Tuesday that the world economy is in the grips of a "synchronized global slowdown" that will result in slower growth for 90% of the world this year.…
KYIV, Ukraine (AP) — As Rudy Giuliani was pushing Ukrainian officials last spring to investigate one of Donald Trump's main political rivals, a group of individuals with ties to the president and his personal lawyer were also active in the…
TOKYO (AP) — Global stock markets were mixed on Monday as investors cautiously awaited the outcome of trade talks between the U.S. and China. Shares in Asia closed mostly lower and Wall Street appeared headed for a drop on the…
LONDON (AP) — Oil company BP says 49-year-old Bernard Looney will take over as CEO as Bob Dudley, who oversaw the aftermath of the 2010 Gulf of Mexico oil spill, retires next year. BP said Friday that Dudley, 64, will…
BEIJING (AP) — World shares were mixed Friday as investors turn their attention to the monthly U.S. jobs report after a series of gloomy economic news dampened investors’ outlook this week. London and Frankfurt opened higher and Tokyo rose, while…
WASHINGTON (AP) — The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department said…
BRUSSELS (AP) — The trade wars threatening to push the global economy into recession are entering a new phase, with the United States and European Union escalating a dispute that endangers the world’s biggest trade relationship. After the Trump administration…
BEIJING (AP) — World shares were mixed Thursday as lackluster economic data and ongoing battles over trade continue to feed worries about the global economy. London and Tokyo retreated while Paris opened higher and Hong Kong advanced. German and Chinese…
BANGKOK (AP) — Global stocks fell on Wednesday and Wall Street was expected to slide on the open after a discouraging report on U.S. manufacturing dampened the economic outlook. Tuesday's report showed that manufacturing weakened in September for the second…
BANGKOK (AP) — World markets were mixed on Tuesday after a global agency cut its forecasts for trade and as investors monitor developments in Britain's exit from the European Union. After Asia largely closed higher, the FTSE 100 in Britain…
LONDON (AP) — Global stock markets traded in fairly narrow ranges on Monday on the last day of the trading quarter, often a time of volatile trading as investors square up their positions. At the end of what has been…
BEIJING (AP) — Stock markets mostly rose Friday as traders weighed slower U.S. economic growth and the possible impact of an impeachment inquiry of U.S. President Donald Trump. In Europe, Germany's DAX rose 0.9% to 12,398 and France's CAC 40…
BEIJING (AP) — World shares mostly rose Thursday after U.S. President Donald Trump suggested a costly tariff war with China could be resolved soon. Germany's DAX advanced 0.5% to 12,290 and the CAC 40 in Paris climbed 0.7% to 5,623.…
WASHINGTON (AP) — A Bulgarian economist who grew up when her country was a communist nation has been selected to be the next leader of one of capitalism's premier institutions, the 189-nation International Monetary Fund. Kristalina Georgieva, a top official…
BEIJING (AP) — China urged President Donald Trump on Wednesday to listen to developing countries and oppose bullying after the American leader criticized its trade status at the United Nations. A foreign ministry spokesman called on Trump to "meet China…
BANGKOK (AP) — Global stocks skidded Wednesday after Democrats in the U.S. House of Representatives said they intended to launch an impeachment probe of President Donald Trump. The losses followed declines overnight as investors' attention swung from headlines on trade…
NEW YORK (AP) — U.S. stocks moved lower in early trading Wednesday as investors retreated following a highly volatile trading session a day earlier. Technology stocks were the biggest weights on the market, with especially sharp losses for chipmakers Broadcom…
BANGKOK (AP) — World shares edged higher on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks' time. Germany's DAX was up less than 0.1% at 12,346, while the CAC…
GENEVA (AP) — The world's largest union of public postal services opened a three-day emergency meeting Tuesday to discuss the Trump administration's plans to pull the United States out of the group it helped found 145 years ago.. A high-level…
LONDON (AP) — Hundreds of thousands of travelers were stranded across the world Monday after the British tour company Thomas Cook collapsed in the middle of the night, immediately halting almost all its flights and hotel services and laying off…
BANGKOK (AP) — World shares were mostly lower Monday as investors kept a wary eye on tensions with Iran and on prospects for a resolution of the tariffs war between China and the U.S. Germany's DAX dropped 1% to 12,338…
COPENHAGEN, Denmark (AP) — Google's top boss said Friday the tech giant is planning to invest 3 billion euros to expand its data centers across Europe in the next two years. Chief executive Sundar Pichai says it will bring the…
LONDON (AP) — Global stock markets traded in fairly narrow ranges on Friday at the end of a fairly eventful week that saw oil prices spike sharply after attacks on Saudi oil facilities and the Federal Reserve cut interest rates…
LONDON (AP) — European stock markets pushed higher Thursday as traders had their first chance to respond to the U.S. Federal Reserve's widely anticipated decision to cut its benchmark interest rate for the second time this year. In Europe, Germany's…
NEW YORK (AP) — The price of oil fell again Wednesday after the Saudi government said half of the production knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude fell about $1 to…
BEIJING (AP) — Global stocks were little changed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut and as oil prices eased on hopes for a quick recovery in Saudi oil supplies. Benchmarks…
BANGKOK (AP) — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after…
DUBAI, United Arab Emirates (AP) — Global energy prices spiked Monday by a percentage unseen since the 1991 Gulf War after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record,…
BANGKOK (AP) — World stock markets rose cautiously Thursday as investors awaited the European Central Bank's decision on how much stimulus it will provide the economy. Sentiment also was brightened by hopes that China and the U.S. are moving to…
FRANKFURT, Germany (AP) — The European Central Bank delivered a new blast of monetary stimulus Thursday to help the shaky economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The decision comes as central banks around…
