Latest Motor fuel markets News

US stocks and bond yields dip amid trade worries

Jun. 15, 2018 6:16 PM EDT

NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies. The White House announced tariffs on $50 billion of imports from China, and...

Asian stocks mixed after ECB announcement, US data

Jun. 14, 2018 11:20 PM EDT

SEOUL, South Korea (AP) — Asian stock markets were mixed Friday after Wall Street largely finished with gains following the European Central Bank's announcement to phase out its bond-buying stimulus. Upbeat U.S. data helped bolstered sentiment. KEEPING SCORE: Japan's Nikkei 225 added 0.4 percent to...

Asian stocks slump after Fed signals faster rate hikes

Jun. 14, 2018 12:28 AM EDT

SEOUL, South Korea (AP) — Asian stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 percent on the first trading day after a meeting of U.S. and North Korean leaders. KEEPING...

The Latest: Fed uncertain on banking for marijuana firms

Jun. 13, 2018 3:26 PM EDT

WASHINGTON (AP) — The Latest on the Federal Reserve policy meeting (all times local): 3:20 p.m. Federal Reserve Chair Jerome Powell says the U.S. central bank has not resolved how financial institutions should deal with marijuana businesses. Marijuana usage is permitted in some states, but not by federal...

Asian shares drop as eyes turn to central bank meetings

Jun. 13, 2018 12:27 AM EDT

TOKYO (AP) — Asian stocks mostly fell Wednesday after a muted market response to the Trump-Kim summit. Investors have now turned their eyes to the trio of this week's central bank meetings. KEEPING SCORE: Japan's benchmark Nikkei 225 edged up 0.3 percent in early trading at 22,934.58. South Korea's Kospi...

Asian stocks gain after Wall Street rise ahead of G7 meeting

Jun. 6, 2018 12:12 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher Wednesday ahead of a meeting of major industrialized economies overshadowed by tension over U.S. steel tariffs. KEEPING SCORE: Tokyo's Nikkei 225 rose 0.1 percent to 22,572.46 and Hong Kong's Hang Seng gained 0.4 percent to 31,221.59. Sydney's...

Stocks, interest rates climb as job market keeps improving

Jun. 1, 2018 4:24 PM EDT

NEW YORK (AP) — Stocks climbed Friday after a report showed the U.S. job market is still revving higher, even with the specter of a possible trade war hanging over markets around the world. The better-than-expected news on jobs helped the S&P 500 more than recover all its losses from earlier in the...

Asian shares mostly higher, shrugging off Wall Street losses

May. 31, 2018 11:39 PM EDT

Shares were mostly higher in Asia on Friday after U.S. stocks slid amid mounting trade tensions. U.S. benchmarks fell after the Trump administration said it is imposing tariffs on steel and aluminum imported from Europe, Canada and Mexico. KEEPING SCORE: Japan's Nikkei 225 index added 0.4 percent to 22,283.54 and...

Asian and European shares rise on promising Chinese data

May. 31, 2018 5:29 AM EDT

Global shares rose Thursday on the back of promising Chinese data and fresh signs that Italy may avoid imminent elections after all. KEEPING SCORE: In Europe, France's CAC 40 climbed 0.4 percent to 5,446.54 while the FTSE 100 index gained 0.2 percent to 7,708.06. The DAX in Germany dropped 0.2 percent to 12,754....

Italian turmoil hits global markets, sending stocks plunging

May. 29, 2018 11:42 PM EDT

Stocks fell in Asia on Wednesday after turbulent sessions in the U.S. and Europe as Italy's political predicament stoked fears of instability in the euro bloc. KEEPING SCORE: Japan's Nikkei 225 stock index dropped 1.5 percent to 22,013.86. South Korea's Kospi dropped 1.8 percent to 2,412.06. The Hang Seng in Hong...