Latest Currency markets News
US stocks end turbulent week with broad gains
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks around the world...
Global stocks recover some ground at end of turbulent week
LONDON (AP) — Global stock markets looked set to end a turbulent week on a positive note although worries about the U.S. economy and the trade conflict between the U.S. and China still have the potential to derail Friday's recovery. Investors in stocks were spooked earlier this week by developments in the...
Asian shares mixed amid ongoing worries about US-China trade
TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. Japan's benchmark Nikkei 225 recouped early losses to be up 0.3% at 20,456.96 in morning trading. Australia's S&P/ASX 200 inched down nearly 0.1% to 6,402.40,...
US recession fears stalk markets as stocks fall again
LONDON (AP) — Global stock markets fell sharply again Thursday after Wall Street endured its worst day of the year as recession fears in the U.S. and around the world escalated. Investors across financial assets have been gripped by developments in the U.S. bond market. On Wednesday they focused on the...
Asian stocks lower after US indexes tumble on recession fear
BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. Market benchmarks in Shanghai, Tokyo and Hong Kong all retreated. U.S. investors dumped stocks, sending the Dow into its biggest one-day drop...
Chastened Argentine leader offers help for workers, the poor
BUENOS AIRES, Argentina (AP) — A walloping at the polls led President Mauricio Macri to decree temporary economic relief for poor and working-class Argentines on Wednesday, with measures that include an increased minimum wage, reduced payroll taxes, a bonus for informal workers and a freeze in gasoline...
German recession fears weigh on stocks after relief rally
LONDON (AP) — Fears that Germany could slip into a recession weighed hard on European stock markets Wednesday, a day after a modest relief rally prompted by the U.S. decision to delay some tariffs on Chinese imports. The key downward driver in markets on Wednesday was news that Germany, Europe's biggest...
Asian shares rise on US plan to delay some China tariffs
TOKYO (AP) — Asian shares were mostly higher Wednesday after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists. Japan's Nikkei 225 added 1.2% in early trading to 20,691.10, while Australia's S&P/ASX 200 rose...
Uncertainty puts Argentine business owners on defensive
BUENOS AIRES, Argentina (AP) — At Boedo Automotive in Argentina's capital, rows of shiny new cars are for sale. But two days after the overwhelming primary election thumping for conservative President Mauricio Macri sent the Argentine peso into a tailspin, not a single customer walked through the door...
China's Xi gets tougher on Trump after new tariff threat
BEIJING (AP) — Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a "warning shot" at Washington by letting its yuan currency weaken in response to President Donald Trump's latest threat of more...
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