Latest Frankfurt News

The Latest: Int'l group to press Iran for plane crash probe

Jan. 10, 2020 11:00 PM EST

WASHINGTON (AP) — The latest on Iran-related developments (all times local): 8 p.m. Canada's foreign minister has announced the creation of an international working group of countries to press Iran for a thorough investigation into the plane crash that killed 176 people, including 57 Canadians. Foreign...

A currency trader gestures at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 9, 2020. Asian stock markets rebounded Thursday as anxiety over potential U.S.-Iranian conflict eased. (AP Photo/Ahn Young-joon)

Global stocks, oil prices stabilize as Iran anxiety eases

Jan. 9, 2020 7:55 AM EST

BEIJING (AP) — Global stock markets and oil prices edged up Thursday as anxiety over potential U.S.-Iranian armed conflict eased. Indexes in London and Frankfurt rose after Tokyo closed more than 2% higher. Shanghai and Hong Kong also advanced, while Wall Street futures pointed to gains on the open....

A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, Jan. 8, 2020. Oil prices rose and Asian stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Tokyo's stock market benchmark fell nearly 2%.(AP Photo/Koji Sasahara)

Oil up, stocks down after Iran missile attack on US troops

Jan. 8, 2020 4:05 AM EST

BEIJING (AP) — Oil prices rose and global stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Brent crude futures, the benchmark for international oils, spiked more than $3 per barrel in London before retreating. Stock markets...

Germany arrests suspected member of Kurdish militant group

Jan. 3, 2020 9:26 AM EST

BERLIN (AP) — German authorities said Friday they have arrested a suspected member of the banned Kurdish militant group PKK near Frankfurt Airport. Federal prosecutors said the man, a Turkish citizen identified only as Gokmen C. for privacy reasons, was arrested Thursday at the railway station connected to...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 27, 2019. Asian stocks followed Wall Street higher on Friday amid optimism U.S.-Chinese trade relations are improving. (AP Photo/Ahn Young-joon)

Global stocks mixed, Wall Street rises amid trade optimism

Dec. 27, 2019 3:43 AM EST

BEIJING (AP) — Global stock markets were mixed Friday after Wall Street rose amid optimism that U.S.-Chinese trade relations are improving. Frankfurt, Paris and Hong Kong gained in early trading. London and Shanghai were unchanged and Tokyo declined. Investors welcomed U.S. President Donald Trump's comment...

FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 19. (AP Photo/Richard Drew, File)

Asian shares mixed as markets yawn at Trump's impeachment

Dec. 19, 2019 8:26 PM EST

Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market's gains for the week. Japan's Nikkei 225 index edged 0.2% lower to 23,809.33, while the Kospi in Seoul was almost unchanged, at 2,196.45. The S&P ASX 200 in Sydney slipped 0.2% to 6,821.10....

Former VW manager jailed over diesel scam gets early release

Dec. 19, 2019 4:28 PM EST

BERLIN (AP) — A German lawyer representing a former Volkswagen manager jailed over the company's diesel emissions fraud says his client has been released from prison. Frankfurt-based lawyer Gero von Pelchrzim confirmed a report by German weekly Der Spiegel that James Liang was granted early release...

FILE - In this Dec. 11, 2019, file photo specialist Thomas McArdle, left, and trader Jonathan Corpina, right, work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Dec. 18. (AP Photo/Richard Drew, File)

Global stocks dip after Trump impeachment vote

Dec. 19, 2019 8:23 AM EST

BEIJING (AP) — Global stock markets mostly dipped Thursday after the U.S. House of Representatives voted to impeach President Donald Trump and the central banks of Japan and Britain kept their interest rates low. The London stock index was up slightly while Frankfurt, London and Shanghai were little...

German Jens Soering, center, is embraced by man after his arrival at the Frankfurt Airport in Frankfurt, Germany, Tuesday, Dec. 17, 2019. The son of a German diplomat, who served more than 33 years in prison for a murder in Virginia he has steadfastly maintained he did not commit, arrived in Frankfurt Tuesday after being released on parole. (Andreas Arnold/dpa via AP)

US deports murder parolee to Germany; he says he's innocent

Dec. 17, 2019 10:09 AM EST

BERLIN (AP) — A German diplomat's son who served more than 33 years in prison for a double murder in Virginia that he has steadfastly maintained he didn't commit arrived in his homeland Tuesday after being released on parole. Jens Soering, his brown hair now graying, was met by a crush of supporters and...

FILE  - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels.  Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)

Europe's new central banker aims to put her stamp on the job

Dec. 12, 2019 12:05 PM EST

FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how it...