Latest International trade News

Rainsy: EU trade move to bolster bid for Cambodian democracy

Nov. 12, 2019 3:54 AM EST

KUALA LUMPUR, Malaysia (AP) — Cambodian exiled opposition leader Sam Rainsy said Tuesday the European Union's consideration of lifting trade privileges for Phnom Penh will add momentum to efforts to restore democracy in the country despite a government crackdown. The EU is to publish a report Tuesday on a...

Asian shares advance as investors await US-China trade moves

Nov. 12, 2019 3:05 AM EST

BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after the Dow Jones Industrial Average notched another record high. Investors were awaiting developments on the China-U.S. trade front after President Donald Trump cast doubts over a Chinese official's comments on gradually rolling back tariffs as...

Impeachment aside, federal budget remains a pressing matter

Nov. 12, 2019 12:14 AM EST

WASHINGTON (AP) — Impeachment hearings for President Donald Trump come at the very time that Capitol Hill usually tends to its mound of unfinished business. The hearings and the possibility of impeachment and a trial create yet another layer of complications for senior lawmakers pressing for an agreement...

Stocks mixed as uncertainty reigns in US-China trade talks

Nov. 11, 2019 11:40 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Tuesday as investors awaited cues on trade talks between China and the U.S. The next hints on progress in the negotiations between Beijing and Washington could come later in the day, when Trump is scheduled to give a speech on trade and economic policy at the...

How major US stock indexes fared Monday

Nov. 11, 2019 4:35 PM EST

U.S. stocks mostly sank on Monday as uncertainty continues to hang over U.S.-China trade talks, or at least over investors' perception of them. President Donald Trump said over the weekend that reports about U.S. willingness to lift tariffs were "incorrect," only two days after a Chinese official said both sides...

Markets Right Now: Stocks fall on uncertainty over trade

Nov. 11, 2019 4:14 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing slightly lower on Wall Street Monday as traders look for clarity on the status of trade talks between the U.S. and China. Comments from President Trump on Saturday created some uncertainty about...

After boost from Perry, backers got huge gas deal in Ukraine

Nov. 11, 2019 3:26 PM EST

KYIV, Ukraine (AP) — Two political supporters of U.S. Energy Secretary Rick Perry secured a potentially lucrative oil and gas exploration deal from the Ukrainian government soon after Perry proposed one of the men as an adviser to the country's new president. Perry's efforts to influence Ukraine's energy...

China-US trade uncertainty weighs on global stocks

Nov. 11, 2019 7:58 AM EST

LONDON (AP) — Shares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trump said Washington had not agreed to gradually roll back tariffs as negotiations progress. Hopes were shaken when Trump on Friday dismissed...

Asian shares decline on renewed China-US trade worries

Nov. 11, 2019 12:09 AM EST

BANGKOK (AP) — Shares declined Monday in Asia as investors watched for the latest developments in the China-U.S. trade war saga. Hong Kong led the retreat, with the Hang Seng falling 2.1% to 27,062.49 by mid-morning after a police officer wounded a protester in a shooting. Demonstrators blocked subway...

Recent developments surrounding the South China Sea

Nov. 10, 2019 11:20 PM EST

BEIJING (AP) — A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple territorial disputes over islands, coral reefs and lagoons. The waters are a major shipping route for global commerce and are rich in fish and possible oil and gas reserves. US...