Latest Central bank interest rates News

Stocks mixed as uncertainty reigns in US-China trade talks

Nov. 11, 2019 11:40 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Tuesday as investors awaited cues on trade talks between China and the U.S. The next hints on progress in the negotiations between Beijing and Washington could come later in the day, when Trump is scheduled to give a speech on trade and economic policy at the...

Bank of England warns over global economic hit to UK

Nov. 7, 2019 9:53 AM EST

LONDON (AP) — The growth outlook for the British economy has deteriorated largely as a result of a gloomier global backdrop, the Bank of England said Thursday as it refrained from cutting rates in the run-up to a general election that could have huge repercussions on Brexit. Though waning fears of a...

Global stocks turn higher as China says tariff war may ease

Nov. 7, 2019 8:15 AM EST

BANGKOK (AP) — Global stocks rose Thursday after China said it had agreed with the United States to gradually ease tariffs on each other's exports as part of an effort to scale back their trade war. Germany's DAX rose 0.7% to 13,269 and France's CAC 40 gained 0.2% to 5,875. London's FTSE 100 rose 0.4% to...

Asian stocks mostly lower after US indexes hit pause

Nov. 6, 2019 11:31 PM EST

BANGKOK (AP) — Asian stocks were mostly lower Thursday after a meandering day of trading in the U.S. left stock indexes close to their record highs. The Shanghai Composite Index declined 0.3% to 2,969.81. Tokyo's Nikkei 225 was down 0.1% at 23,275.17. Hong Kong's Hang Seng sank 0.4% to 27,589.65 and South...

Global stocks higher as investors monitor US-China talks

Nov. 6, 2019 7:40 AM EST

BEIJING (AP) — Global stock markets mostly rose on Wednesday as investors assessed developments in U.S.-Chinese trade talks following reports Beijing wants Washington to lift punitive tariffs. Markets rose in much of Europe, as they did in Japan, while the Shanghai index declined and Hong Kong's was flat....

Asia stocks mixed on possible US-China trade snag

Nov. 5, 2019 11:47 PM EST

BEIJING (AP) — Asian stock markets were mixed Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. Shanghai and Sydney declined while Tokyo and Hong Kong advanced. Beijing wants 15% tariffs imposed in...

Stocks hit records as strong jobs report calms trade worries

Nov. 1, 2019 4:30 PM EDT

NEW YORK (AP) — Stocks powered to records Friday after an encouraging jobs report gave reassurance that the economy is still solid, despite the pain U.S. factories are feeling from President Donald Trump's trade war. The Labor Department's report showed that employers added more jobs in October than...

As economy slows, new ECB head Lagarde faces big challenges

Oct. 31, 2019 10:59 AM EDT

FRANKFURT, Germany (AP) — Europe's economy is losing steam. Top officials at the European Central Bank are at odds over policy. And it's even unclear whether they can do much to help anyway. It adds up to a full in-tray for Christine Lagarde as she takes over as ECB president on Friday. The former head of...

Global stocks slip on weak economic data

Oct. 31, 2019 10:16 AM EDT

BEIJING (AP) — Stock markets drifted lower Thursday as new economic data showed a slowdown in Europe and Asia amid concerns about the state of trade talks between the U.S. and China. Shares in Asia finished mostly higher while Wall Street was heading for a lower open, one day after the Fed cut interest...

Asian markets follow Wall Street higher after Fed rate cut

Oct. 31, 2019 1:32 AM EDT

BEIJING (AP) — Most Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve cut a key interest rate. Tokyo, Hong Kong and Seoul advanced. Shanghai retreated 0.1% after Chinese factory activity weakened more than expected in October. Investors welcomed the Fed's third rate cut...