Latest International investing News

Once ridiculed, index funds now hold the reins in US stocks

Sep. 16, 2019 4:32 PM EDT

NEW YORK (AP) — They're simple, cheap and now the most popular way for many people to invest in the U.S. stock market: index funds. Last month, for the first time, the number of dollars invested in funds tracking the S&P 500 and other U.S. stock indexes eclipsed those in funds run by managers trying to...

Asian shares rise amid optimism about Hong Kong, Brexit

Sep. 5, 2019 1:07 AM EDT

TOKYO (AP) — Asian shares were mostly higher Thursday amid encouraging global developments, including British lawmakers seeking a less chaotic exit from the European Union and easing political tensions in Hong Kong. Japan's benchmark Nikeki 225 rose 2.3% to 21,131.08 in morning trading. Australia's...

The Latest: British PM: Parliament could wreck Brexit deal

Sep. 3, 2019 11:07 PM EDT

LONDON (AP) — The Latest on Brexit (all times local): 11:35 p.m. Prime Minister Boris Johnson says Britain's Parliament is "on the brink of wrecking any deal" his government might be able to make with the European Union on Brexit terms. He said Tuesday after a sound defeat in Parliament that a possible...

UK currency volatile as investors try to gauge Brexit risks

Sep. 3, 2019 12:19 PM EDT

LONDON (AP) — The pound on Tuesday touched its lowest level against the dollar since 1985, excluding a brief "flash crash" in 2016 that may have been caused by technical glitches, as international investors fret over a political showdown over Brexit this week. The British currency fell as low as $1.1960,...

Asian shares mostly up on optimism about US-China trade war

Aug. 26, 2019 10:58 PM EDT

TOKYO (AP) — Asian shares mostly rose Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the U.S. and China. Japan's benchmark Nikkei 225 rose 1.2% in morning trading to 20,497.09. Australia's S&P/ASX 200 added 0.3% to...

3 indicted in immigration scam targeting overseas investors

Aug. 20, 2019 8:28 PM EDT

OAKLAND, Calif. (AP) — Three people face federal charges in California for allegedly defrauding foreign investors in a jobs program overseen by U.S. immigration officials, federal prosecutors said Tuesday. Thomas Henderson, Cooper Lee and Kexing Hu have been indicted on wire fraud and conspiracy charges in...

7 groups interested in investing in Bulgaria nuclear project

Aug. 20, 2019 9:44 AM EDT

SOFIA, Bulgaria (AP) — SOFIA, Bulgaria (AP) - Seven international groups have expressed interest in becoming strategic investors in the construction of Bulgaria's second nuclear power plant, the country's energy minister said Tuesday. Temenuzhka Petkova said that applications for investing in the 10...

Where'd all the stocks go? Nasdaq's CEO on shrinking market

Aug. 19, 2019 12:45 PM EDT

NEW YORK (AP) — The stock market is a much less crowded party than it used to be. In the late 90s, when a bevy of hot dot-com companies were rushing to sell their shares on public markets, investors had more than 7,500 U.S. stocks to choose from. The dot-com bust culled many of those stocks, though, and...

Not just Bali: Indonesia hopes to develop more tourism sites

Aug. 13, 2019 8:48 PM EDT

YOGYAKARTA, Indonesia (AP) — Hundreds of tourists, many of them young Westerners, sat on gray stone steps atop the world's largest Buddhist temple, occasionally checking cellphones or whispering to each other as they waited for daylight. Sunrise wasn't spectacular on that recent summer day. But even an...

Hong Kong airport protest shutdown tarnishes business image

Aug. 12, 2019 2:42 PM EDT

Mass flight cancellations at Hong Kong's airport disrupted one of the world's busiest air-transport hubs on Monday, causing chaos for tourists and business travelers and playing havoc with global airlines' flight schedules— a fresh escalation of the city's protest movement that threatens the Asian city's...