Latest International trade News

US stocks head higher, set stage for more milestones

Sep. 21, 2018 12:08 PM EDT

Major U.S. stock indexes moved mostly higher in morning trading Friday, extending gains from a day earlier when the market climbed to all-time highs. Gains in industrial, technology and health care companies outweighed losses in banks and materials stocks. Energy companies rose along with the price of U.S. crude...

Markets Right Now: Stocks mostly higher, building on gains

Sep. 21, 2018 11:53 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are moving higher on Wall Street, building on gains the market made a day earlier. Telecommunications companies rose Friday, led by a 2 percent gain in AT&T. Major U.S. indexes are still at record...

The Latest: May gets Brexit backing from Northern Irish ally

Sep. 21, 2018 11:17 AM EDT

LONDON (AP) — The Latest on Brexit, the political divorce between Britain and the rest of the European Union (all times local): 4:15 p.m. British Prime Minister Theresa May's parliamentary allies welcomed her assurances that Northern Ireland would avoid a hard border — even as they urged her to...

World trade body to rule on US, China anti-dumping spat

Sep. 21, 2018 9:26 AM EDT

GENEVA (AP) — A World Trade Organization arbitrator will step into a years-old dispute brought by China over U.S. anti-dumping measures. A trade official said Friday the arbitration was triggered automatically after the U.S. objected to Beijing's request for authorization to retaliate against more than $7...

Kremlin slams new US sanctions affecting arms exports

Sep. 21, 2018 9:00 AM EDT

MOSCOW (AP) — The Kremlin has dismissed the latest round of U.S. sanctions that affected an aircraft-making factory as an "unfair" move to undercut Russia as a major arms exporter. The United States on Thursday blacklisted 33 Russian nationals and three entities in a new round of sanctions for the Russian...

Micron outperforms, but trade war costs emerge

Sep. 21, 2018 8:22 AM EDT

BOISE, Idaho (AP) — Micron's stock is down nearly 6 percent ahead of the opening bell with collateral damage from the U.S.-China trade war overshadowing a strong performance from the chipmaker in its most recent quarter. The company topped profit and revenue expectations, but Chief Financial Officer David...

Global stocks buoyed by Wall Street optimism

Sep. 21, 2018 7:44 AM EDT

BEIJING (AP) — Global stocks rose Friday as a record high on Wall Street buoyed investor sentiment despite global trade tensions. KEEPING SCORE: In Europe, London's FTSE 100 index rose 0.9 percent to 7,433. Germany's DAX gained 0.4 percent to 12,378 and France's CAC 40 advanced 0.7 percent to 5,487. On...

Iran launches air maneuvers near strategic Strait of Hormuz

Sep. 21, 2018 5:40 AM EDT

TEHRAN, Iran (AP) — Iran's air force is carrying out a drill near the strategic Strait of Hormuz in the Persian Gulf, the passageway for nearly a third of all oil traded by sea, the country's official IRNA news agency said Friday. The drill involves the military's and Revolutionary Guard fighter jets,...

Iran's domestic car market stalls as nuclear deal falters

Sep. 21, 2018 5:38 AM EDT

TEHRAN, Iran (AP) — Across Iran's capital, rush-hour traffic always grinds to a halt, a sea of boxy Renault four-doors and Peugeot coupes all idling their way through the streets of Tehran. Soon, however, Iran's faltering nuclear deal with world powers may be what causes the country's domestic automotive...

Asian stocks follow Wall Street higher

Sep. 20, 2018 11:50 PM EDT

BEIJING (AP) — Asian stocks rose Friday after Wall Street hit a new high and a survey showed Japanese manufacturing accelerating. KEEPING SCORE: Tokyo's Nikkei 225 rose 0.5 percent to 23,793.35 and Hong Kong's Hang Seng added 0.9 percent to 27,712.47. The Shanghai Composite Index climbed 0.3 percent,...