Latest Currency markets News

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, Friday, Jan. 22, 2021. Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. (AP Photo/Lee Jin-man)

Global stocks sink after China coronavirus resurgence

Jan. 22, 2021 4:32 AM EST

BEIJING (AP) — Global stock markets and U.S. futures retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. London and Frankfurt opened lower and Shanghai, Hong Kong and Tokyo declined. Optimism about the rollout of coronavirus vaccines was dented by a...

Cars drive on an unlit street during a blackout in Tehran, Iran, Wednesday, Jan 20, 2021. Speculation has gripped social media in Iran that Bitcoin is to blame for a series of recent power blackouts across the country. The government launched a major crackdown on Bitcoin processing centers which use immense amounts of electricity and are a huge burden on the power grid. (AP Photo/Ebrahim Noroozi)

Iran, pressured by blackouts and pollution, targets Bitcoin

Jan. 22, 2021 1:04 AM EST

TEHRAN, Iran (AP) — Iran's capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and...

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, Friday, Jan. 22, 2021. Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. (AP Photo/Lee Jin-man)

Asian stocks sink after China coronavirus resurgence

Jan. 21, 2021 11:28 PM EST

BEIJING (AP) — Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. Shanghai, Hong Kong, Tokyo and Australia declined. South Korea advanced. Overnight, Wall Street closed higher. Gains for tech stocks offset losses elsewhere....

Closing prices for crude oil, gold and other commodities

Jan. 21, 2021 4:15 PM EST

Benchmark U.S. crude oil for March delivery fell 11 cents to $53.13 a barrel Thursday. Brent crude oil for March delivery rose 2 cents to $56.10 a barrel. Wholesale gasoline for February delivery was little changed at $1.55 a gallon. February heating oil was also little changed at $1.60 a gallon. February natural...

FILE - In this Nov. 11, 2019 file photo, Riad Salameh the governor of Lebanon's Central Bank, listens to a journalist's question during a press conference, in Beirut, Lebanon. A New-York-based company that was contracted by Lebanon's government to conduct a forensic audit of the country's central bank has decided to pull out of the deal because it was not able to acquire needed information and documents, Lebanese outgoing finance minister said Friday, Nov. 20, 2020. (AP Photo/Hussein Malla, File)

Lebanon central bank governor denies transfer of capital

Jan. 21, 2021 9:14 AM EST

BEIRUT (AP) — The governor of Lebanon's Central Bank denied on Thursday that he had made any transfers of the bank's funds following a probe by Swiss authorities into money laundering and embezzlement. Gov. Riad Salameh's statement was released after he was questioned by Lebanon’s prosecutor...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 21, 2021. Asian shares rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. (AP Photo/Ahn Young-joon)

Asian shares rise on optimism for more stimulus from Biden

Jan. 20, 2021 11:07 PM EST

TOKYO (AP) — Asian shares rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, setting off a recovery that's crucial for the export-driven...

Closing prices for crude oil, gold and other commodities

Jan. 20, 2021 3:35 PM EST

Benchmark U.S. crude oil for February delivery rose 26 cents to $53.24 a barrel Wednesday. Brent crude oil for March delivery rose 18 cents to $56.08 a barrel. Wholesale gasoline for February delivery rose 1 cent to $1.54 a gallon. February heating oil was flat at $1.60 a gallon. February natural gas fell 1 cent...

People are reflected on the electronic board of a securities firm in Tokyo, Wednesday, Jan. 20, 2021. Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as president, ending President Donald Trump’s four-year term. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases. (AP Photo/Koji Sasahara)

Japan shares fall on pandemic worries as rest of Asia rises

Jan. 19, 2021 10:22 PM EST

TOKYO (AP) — Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases. Japan's benchmark Nikkei 225 lost early gains to slip 0.4% in morning trading to 28,515.21. Australia's...

Closing prices for crude oil, gold and other commodities

Jan. 19, 2021 3:49 PM EST

Benchmark U.S. crude oil for February delivery rose 62 cents to $52.98 a barrel Tuesday. Brent crude oil for March delivery rose $1.15 to $55.90 a barrel. Wholesale gasoline for February delivery rose 1 cent to $1.54 a gallon. February heating oil rose 1 cent to $1.60 a gallon. February natural gas fell 19 cents...

Swiss attorney general investigates Lebanon's central bank

Jan. 19, 2021 1:53 PM EST

BEIRUT (AP) — The office of Switzerland's attorney general said Tuesday it requested legal assistance from Lebanese authorities for an investigation into possible money laundering and embezzlement tied to Lebanon's central bank. The Swiss attorney general confirmed in a statement it had opened an...