Latest Currency markets News

Global stocks slip on continuing global trade worries

Oct. 15, 2018 4:15 AM EDT

TOKYO (AP) — Global stocks slipped Monday as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: France's CAC 40 lost 0.3 percent in early trading to 5,079.25, while Britain's FTSE 100 was down less than 0.1 percent at 6,995.44. U.S. shares were also set...

Asian stocks slip on continuing global trade worries

Oct. 14, 2018 11:34 PM EDT

TOKYO (AP) — Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: Japan's benchmark Nikkei 225 dipped 1.2 percent to 22,426.32, while Australia's S&P/ASX 200 slipped nearly 1.1 percent in early trading to 5,832.00....

Saudi writer's disappearance strains Turkey-Saudi ties

Oct. 13, 2018 10:50 AM EDT

DUBAI, United Arab Emirates (AP) — At first glance, the disappearance of journalist Jamal Khashoggi from the Saudi Consulate in Istanbul is just the latest crisis to strain relations between the kingdom and Turkey in the wake of the Arab Spring in 2011. Yet, like elsewhere in the region, things are more...

Prospect of Trump-Xi talks raises hope for thaw in trade war

Oct. 12, 2018 11:52 PM EDT

BEIJING (AP) — With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world's two largest economies. Worries about the increased tariffs the two sides have...

Tech stock rally helps snap losing streak as rough week ends

Oct. 12, 2018 4:43 PM EDT

NEW YORK (AP) — Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. Major U.S. indexes ended the week down about 4 percent, their worst weekly loss in...

Mnuchin says Trump respects the independence of the Fed

Oct. 12, 2018 11:48 AM EDT

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Friday that President Donald Trump respects the independence of the Federal Reserve and the president's recent comments were simply a reflection of the fact that he favors low interest rates. "The president has been clear," Mnuchin said in an...

World markets claw back losses on possible Trump-Xi meet

Oct. 12, 2018 7:18 AM EDT

SINGAPORE (AP) — Global stock indexes rose Friday after their recent sharp declines on hopes that U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, will meet at the Group of 20 summit next month. The Wall Street Journal reported that the White House had informed officials in Beijing that...

China trade surplus with US widens to record $34.1B

Oct. 12, 2018 4:36 AM EDT

BEIJING (AP) — China's trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August's 13.4 percent growth,...

Asian markets mixed on strong Chinese trade data

Oct. 11, 2018 11:57 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Friday as better-than-expected Chinese trade data gave some markets a breather from worries about the impact of punitive tariffs. KEEPING SCORE: Japan's benchmark Nikkei 225 racked up more losses after falling almost 4 percent in the previous day. The index...

Stock market drop spreads, Wall Street set to fall again

Oct. 11, 2018 7:07 AM EDT

SINGAPORE (AP) — World stock markets sank Thursday, extending losses from Wall Street, as investors worried that higher interest rates will dent company earnings and a trade war will crimp global business. European shares sank after Asia closed sharply lower, auguring another drop in the U.S., which saw...