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Asian stocks gain after Chinese assurances over slowdown

Oct. 22, 2018 12:06 AM EDT

SINGAPORE (AP) — Asian markets were mostly higher Monday as Chinese benchmarks rallied after officials put a positive spin on the country's slowing economy. KEEPING SCORE: The Shanghai Composite index jumped 4.2 percent to 2,656.87 and the Hang Seng in Hong Kong surged 2.4 percent to 267,178.16. Japan's...

US stocks wobble at the end of another shaky week of trading

Oct. 19, 2018 7:10 PM EDT

NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected reports from...

Asian stocks tumble after Wall Street skids, China slows

Oct. 18, 2018 11:52 PM EDT

BEIJING (AP) — Asian stock markets sank Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo's Nikkei 225 index fell 1.1 percent to 22,411.33 and Seoul's Kospi shed 0.3 percent to 2,141.06. The Shanghai Composite Index was flat...

World stock markets mostly dip on Fed views on rates

Oct. 18, 2018 8:37 AM EDT

BANGKOK (AP) — Stock markets mostly dipped on Thursday on the news that some policymakers at Federal Reserve think interest rates should continue to be raised until they are slightly restrictive. KEEPING SCORE: Germany's DAX shed 0.1 percent to 11,704 and the CAC 40 in France gained 0.4 percent to 5,163....

Asia shares sag after retreat on Wall St, weaker Japan data

Oct. 18, 2018 12:11 AM EDT

BANGKOK (AP) — Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade. KEEPING SCORE: Japan's Nikkei 225 index sank 0.7 percent to...

Business Highlights

Oct. 17, 2018 4:48 PM EDT

___ Tesla secures land in Shanghai for first factory outside US BEIJING (AP) — Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United States, pushing ahead despite mounting U.S.-Chinese trade tensions. The California-based company announced plans for...

Stocks head lower, giving back some of a big rally

Oct. 17, 2018 11:40 AM EDT

NEW YORK (AP) — U.S. stocks are falling Wednesday after their biggest gain in more than six months. Homebuilders are sinking after the Commerce Department said construction of new homes dropped in September, and retailers are also sharply lower. IBM tumbled after it announced disappointing quarterly...

World markets steady after earnings-driven rally

Oct. 17, 2018 7:40 AM EDT

SINGAPORE (AP) — Stock markets stabilized Wednesday after a rally inspired by strong corporate earnings, with investors also monitoring talks on Britain's exit from the European Union. KEEPING SCORE: France's CAC 40 added 0.2 percent to 5,183.04 and Britain's FTSE 100 rose 0.3 percent to 7,078.53....

Asian shares climb on strong US corporate earnings, data

Oct. 17, 2018 12:19 AM EDT

SINGAPORE (AP) — Asian markets rose on Wednesday as robust U.S. corporate earnings and encouraging data assuaged worries about softening global growth. KEEPING SCORE: Japan's benchmark Nikkei 225 jumped 1.3 percent to 22,842.12. The Kospi in South Korea advanced 1.1 percent to 2,169.20. The Shanghai...

Business Highlights

Oct. 16, 2018 5:13 PM EDT

___ Stocks surge, recovering some recent losses; Dow climbs 547 NEW YORK (AP) — U.S. stocks rocketed to their biggest gain in six months Tuesday following strong earnings from major financial and health care companies as well as encouraging reports on the economy. The Dow Jones Industrial Average jumped...