Financial markets

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Aug. 6, 2019. Asian stocks followed Wall Street lower on Tuesday after China let its currency sink and halted purchases of U.S. farm goods, fueling fears Beijing's trade war with President Donald Trump will harm the global economy. (AP Photo/Lee Jin-man)
August 06, 2019 - 7:45 am
LONDON (AP) — Stock markets turned higher on Tuesday as China stabilized its currency after allowing it to depreciate against the dollar in response to President Donald Trump's decision to put more tariffs on Chinese goods. The more buoyant tone follows a big sell-off Monday, when stocks were...
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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington. The currency weakened to 7.0177 in early trading following U.S. President Donald Trump's threat last week of tariff hikes on additional Chinese imports in a fight over Beijing's trade surplus and technology policies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 7:00 pm
WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on Chinese imports, knocked stock...
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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. The U.S. Treasury Department labeled China a currency manipulator Monday, Aug. 5, after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 6:42 pm
WASHINGTON (AP) — The U.S. Treasury Department labeled China a currency manipulator Monday after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. The decision, which came hours after President Donald Trump accused...
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FILE - In this July 19, 2019, file photo specialist Michael Pistillo, right, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 2. (AP Photo/Richard Drew, File)
August 04, 2019 - 11:25 pm
BEIJING (AP) — Asian stock markets fell for a third day Monday after China allowed its yuan to sink to its lowest level this year following President Donald Trump's latest tariff threat. The main indexes in Tokyo and Hong Kong both fell 2.4% while Shanghai, South Korea and Australia also retreated...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Demonstrators, some waving Puerto Rican national flags, chant in front of the governor's mansion La Fortaleza, in San Juan, Puerto Rico, Wednesday, July 24, 2019. Hundreds of thousands of Puerto Rico have been outraged by leaked, obscenity-laced online chats between Gov. Ricardo Rossello and his advisers, and have protested for nearly two weeks demanding his resignation. (AP Photo/Dennis M. Rivera Pichardo)
July 25, 2019 - 3:39 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico Gov. Ricardo Rosselló said late Wednesday that he will resign Aug. 2 after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between him and his top advisers. A crowd of demonstrators...
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FILE - In this May 7, 2009, file photo, author, comedian and co-founder of the Yippie party as well as stand-up satirist, Paul Krassner, 77, poses for a photo at his home in Desert Hot Springs, Calif. Krassner, the publisher, author and radical political activist on the front lines of 1960s counterculture who helped tie together his loose-knit prankster group by naming them the Yippies, has died. His daughter, Holly Krassner Dawson, says Krassner died Sunday, July 21, 2019, at his home in Desert Hot Springs, Calif. He was 87. (AP Photo/Eric Reed, File)
July 21, 2019 - 5:40 pm
LOS ANGELES (AP) — Paul Krassner, the publisher, author and radical political activist on the front lines of 1960s counterculture who helped tie together his loose-knit prankster group by naming them the Yippies, died Sunday in Southern California, his daughter said. Krassner died at his home in...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Feb. 6, 2019. Shares have advanced in Asia following a rally on Wall Street led by technology companies. (AP Photo/Koji Sasahara)
February 06, 2019 - 5:17 am
BANGKOK (AP) — Stocks fell in European trading Wednesday, after gains in much of Asia, as investors digested U.S. President Donald Trump's State of the Union address to Congress. While the address raised no new concerns, Trump reiterated his determination to protect American jobs and get China to...
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Traders Robert Charmak, Michael Milano, and Steven Kaplan, left to right, work on the floor of the New York Stock Exchange, Friday, Dec. 28, 2018. Stocks are opening higher Friday as U.S. markets try to maintain the momentum from a late-day rally on Thursday. (AP Photo/Richard Drew)
December 28, 2018 - 4:03 pm
Wall Street capped a week of volatile trading Friday with an uneven finish and the market's first weekly gain since November. Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Stocks spent much of the day wavering between small...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 12, 2018. Asian shares fell on Wednesday as China delayed issuing licenses to American businesses hoping to operate in the country, as the threat of more trade tariffs from Washington loomed. (AP Photo/Ahn Young-joon)
September 12, 2018 - 5:41 am
SINGAPORE (AP) — World markets were mixed Wednesday as investors focused on trade tensions, with China delaying licenses to American businesses ahead of expected tariffs from Washington. The price of oil continued to rise on concerns that Hurricane Florence could disrupt supplies. KEEPING SCORE: In...
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