Latest Currency markets News

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

World stocks mostly dip with US closed for holiday

Jul. 3, 2020 12:47 PM EDT

World stock markets fell slightly in Europe on Friday after gains in Asia, with trading somewhat subdued by a long holiday weekend in the U.S. With Wall Street remaining closed in observance of Independence Day, Germany's DAX edged 0.6% lower to 12,528.18. The CAC 40 in Paris dropped 0.8% to 5,007.14, while...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

Asian shares advance following upbeat US jobs report

Jul. 2, 2020 11:27 PM EDT

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

Closing prices for crude oil, gold and other commodities

Jul. 2, 2020 3:40 PM EDT

Benchmark U.S. crude oil for August delivery rose 83 cents to settle at $40.65 a barrel Thursday. Brent crude oil for September delivery rose $1.11 to $43.14 a barrel. Wholesale gasoline for August delivery rose 4 cents to $1.26 a gallon. August heating oil rose 3 cents to $1.23 a gallon. August natural gas...

Anti-government protesters scuffle with Lebanese policemen after they removed a part of a concrete wall that was installed by security forces to prevent them from reaching the government palace in Beirut, Lebanon, Thursday, July 2, 2020. Major retailers in Lebanon announced Thursday they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the local currency tumbles before the dollar. (AP Photo/Hassan Ammar)

Lebanese major retailers to shut down amid economic crisis

Jul. 2, 2020 2:35 PM EDT

BEIRUT (AP) — Major retailers in Lebanon announced on Thursday they will temporarily shut down in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar. Later in the day, owners of the businesses rallied in central Beirut...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

Closing prices for crude oil, gold and other commodities

Jul. 1, 2020 3:32 PM EDT

Benchmark U.S. crude oil for August delivery rose 55 cents to settle at $39.82 a barrel Wednesday. Brent crude oil for September delivery rose 76 cents to $42.03 a barrel. Wholesale gasoline for August delivery rose 2 cents to $1.22 a gallon. August heating oil rose 2 cents to $1.20 a gallon. August natural gas...

Lebanese soldiers stand guard as a woman leaves the Rafik Hariri International Airport in Beirut, Lebanon, Wednesday, July 1, 2020. Beirut's airport is partially reopening after a three-month shutdown and Lebanon's cash-strapped government is hoping that thousands of Lebanese expatriates will return for the summer, injecting dollars into the country's sinking economy. (AP Photo/Bilal Hussein)

Lebanon’s plea to skeptical expats: Come visit, bring cash

Jul. 1, 2020 7:45 AM EDT

BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese expatriates will return for the summer — and bring dollars desperately needed to prop up the crashing economy. But Lebanon’s far-flung diaspora,...

A woman wearing a mask passes the New York Stock Exchange, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)

Asian shares up after Wall St closes best quarter since 1998

Jul. 1, 2020 12:00 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic. Japan's benchmark Nikkei 225 slipped 0.2% to 22,187.27. South Korea's Kospi rose 1.0% to 2,130.14. Australia's...

Closing prices for crude oil, gold and other commodities

Jun. 30, 2020 3:35 PM EDT

Benchmark U.S. crude oil for August delivery fell 43 cents to settle at $39.27 a barrel Tuesday. Brent crude oil for August delivery fell 56 cents to $41.15 a barrel. Wholesale gasoline for July delivery rose 2 cents to $1.20 a gallon. July heating oil rose 1 cent to $1.18 a gallon. August natural gas rose 4...

A woman passes in front of burned tires and garbage containers set on fire by anti-government protesters to block roads, during a protest against the economic crisis, in Beirut, Lebanon, Tuesday, June 30, 2020. Protesters closed several major roads in the Lebanese capital amid rising anger as the currency hit a new record low on the black market, electricity cuts increased and the government raised the price of bread for the first time in more than a decade. (AP Photo/Hussein Malla)

Protests as currency slides, price of bread rises in Lebanon

Jun. 30, 2020 2:33 PM EDT

BEIRUT (AP) — Protesters closed several major roads in the Lebanese capital Beirut on Tuesday amid rising anger as the currency hit a new record low on the black market, electricity cuts increased and the government raised the price of bread for the first time in more than a decade. Reflecting the...