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Asian shares gain on growing hopes for China trade talks

Aug. 17, 2018 12:25 AM EDT

TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Japan's Nikkei 225 index added 0.4 percent to 22,275.67, while the Shanghai Composite index...

US retailers small companies rally as Turkey fears ease

Aug. 14, 2018 4:53 PM EDT

NEW YORK (AP) — U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which...

Asian markets mixed after Wall St falls on Turkey jitters

Aug. 14, 2018 12:25 AM EDT

BEIJING (AP) — Most Asian stock markets were mixed Tuesday after Wall Street declined as Turkey's central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. KEEPING SCORE: The Shanghai Composite Index fell 0.5 percent to 2,771.81 and Hong Kong's Hang Seng lost...

Turkish turmoil knocks US and European stocks lower

Aug. 10, 2018 4:53 PM EDT

NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its financial...

Asian markets fall as China, US ready for more tariffs

Jul. 19, 2018 11:51 PM EDT

SINGAPORE (AP) — Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's Kospi dropped less than 0.1 percent to 2,281.69. Hong Kong's Hang Seng slipped 0.6...

Asian markets rebound from trade fears

Jul. 11, 2018 11:18 PM EDT

BEIJING (AP) — Asian stock markets rose Thursday following Wall Street's decline amid U.S.-Chinese trade tensions and oil prices recovered some of the previous day's steep losses. KEEPING SCORE: The Shanghai Composite Index rose 1.1 percent to 2,809.42 and Tokyo's Nikkei 225 gained 1.2 percent to...

Business Highlights

Jul. 6, 2018 5:13 PM EDT

___ US-China trade war elevates the risks to the global economy WASHINGTON (AP) — The trade war that has erupted between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy. The opening shots were fired...

US stocks snap higher despite escalating US-China trade tiff

Jul. 6, 2018 5:05 PM EDT

The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead. After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses. Growing jitters in recent weeks over a stepped-up trading dispute between the world's two...

Asian stocks lower on impending trade war

Jul. 5, 2018 11:47 PM EDT

SEOUL, South Korea (AP) — Asian stocks were mostly lower Friday as investors braced for the implementation of U.S. tariffs on Chinese imports at midnight Washington time, and likely similar measures by Beijing on U.S. exports. Upbeat economic data and overnight gains on U.S. stock markets helped temper...

Business Highlights

Jul. 5, 2018 5:49 PM EDT

___ Bluster aside, US and China vulnerable to pain from tariffs WASHINGTON (AP) — The U.S. and Chinese governments have been flashing a lot of bravado just before firing the first shots in a conflict that risks erupting into a mutually damaging trade war. Yet among the people and business in both countries...