Latest International trade News

Asian stocks mixed, oil soars on Iran sanctions worries

Apr. 22, 2019 11:35 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Tuesday while oil prices soared to their highest level since October after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. Japan's Nikkei 225 index lost 0.2% to 22,165.41. The Kospi in South Korea was less than 0.1% higher at 2,217.31...

Markets Right Now: Stocks end mostly lower, oil price rises

Apr. 22, 2019 4:14 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks closed mostly lower on Wall Street, but energy companies rose sharply as the price of crude oil shot higher. Real estate and industrial companies as well as banks fell broadly on Monday. Simon Property Group...

The Latest: Iran brushes off US decision on sanction waivers

Apr. 22, 2019 12:09 PM EDT

WASHINGTON (AP) — The Latest on U.S. sanctions on countries importing Iranian oil (all times local): 12:05 p.m. Iran has brushed off the Trump administration's decision to stop exempting countries from U.S. sanctions on its oil exports. In a statement carried by the official IRNA news agency on Monday, the...

US won't renew sanctions waivers for importing Iranian oil

Apr. 22, 2019 9:20 AM EDT

WASHINGTON (AP) — The Trump administration on Monday told five nations — Japan, South Korea, Turkey, China and India — that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. President Donald Trump has decided not to reissue the waivers when they...

World markets mixed, oil rises on Iran concerns

Apr. 22, 2019 6:02 AM EDT

BEIJING (AP) — World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Benchmarks in Shanghai and India sank while Tokyo and Seoul were little changed. London, Frankfurt, Hong Kong and Sydney were closed for...

AP sources: US to sanction nations for importing Iranian oil

Apr. 21, 2019 8:33 PM EDT

WASHINGTON (AP) — The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran, officials said Sunday. Secretary of State Mike Pompeo plans to announce on Monday that...

Report: FTC considering oversight of Facebook's Zuckerberg

Apr. 19, 2019 3:50 PM EDT

WASHINGTON (AP) — Federal regulators are reportedly considering seeking some kind of oversight of Mark Zuckerberg's leadership of Facebook over the social network giant's mishandling of users' personal information. Discussions between Facebook and the U.S. Federal Trade Commission officials about its...

Commission: New NAFTA would deliver modest economic gains

Apr. 18, 2019 4:50 PM EDT

WASHINGTON (AP) — President Donald Trump's new North America trade agreement would give the U.S. economy only a modest boost, an independent federal agency has found. The International Trade Commission said Thursday that Trump's U.S.-Mexico-Canada agreement would lift the U.S. economy by 0.35%, or $68.2...

US wins WTO case against China over grain exports

Apr. 18, 2019 2:08 PM EDT

WASHINGTON (AP) — The World Trade Organization handed the United States a win Thursday in a trade dispute with China, ruling that Beijing did not fairly administer quotas on U.S. wheat, rice and corn. The WTO, the Geneva organization that oversees the rules of global trade, found that China had not been...

Corporate deal-making dips in 1Q on trade, economy fears

Apr. 18, 2019 1:47 PM EDT

Lingering trade spats and fears of a global economic slowdown stunted corporate deal-making worldwide during the first quarter. Large, international deals that drove the acquisitions market for years nearly disappeared, pushing deal values down by 15% from a year ago. Deal-making in Europe plunged to its lowest...