Latest Prices News

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

A woman passes in front of burned tires and garbage containers set on fire by anti-government protesters to block roads, during a protest against the economic crisis, in Beirut, Lebanon, Tuesday, June 30, 2020. Protesters closed several major roads in the Lebanese capital amid rising anger as the currency hit a new record low on the black market, electricity cuts increased and the government raised the price of bread for the first time in more than a decade. (AP Photo/Hussein Malla)

Protests as currency slides, price of bread rises in Lebanon

Jun. 30, 2020 2:33 PM EDT

BEIRUT (AP) — Protesters closed several major roads in the Lebanese capital Beirut on Tuesday amid rising anger as the currency hit a new record low on the black market, electricity cuts increased and the government raised the price of bread for the first time in more than a decade. Reflecting the...

Shell takes $22 billion hit on lower oil, gas prices

Jun. 30, 2020 12:29 PM EDT

LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to...

FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. U.S. home prices rose in April for the eighth straight month, even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April, the largest gain since December 2018, up from 3.9% in March. (AP Photo/Steven Senne, File)

US home prices increase 4% in April

Jun. 30, 2020 10:13 AM EDT

WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April compared with a year earlier, the largest gain since...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 30, 2020. Asian shares are rising, cheered by a rally on Wally Street that underlined some optimism about global business performance despite the ongoing coronavirus pandemic. (AP Photo/Vincent Yu)

Asian shares rise after Wall St rally, strong housing data

Jun. 29, 2020 11:28 PM EDT

TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. Japan's benchmark Nikkei 225 gained 1.8% in morning trading to 22,380.02. South Korea's Kospi gained 1.5% to 2,123.85,...

Honolulu to reopen campgrounds for first time in 3 months

Jun. 27, 2020 8:29 PM EDT

HONOLULU -- The city of Honolulu has announced that campgrounds will reopen for the first time in three months with limited permits to ensure social distancing amid the coronavirus pandemic. Hawaii News Now reported that the city will issue permits for just over 100 campsites across Oahu. Honolulu Department of...

FILE - In this March 13, 2020, file photo, lobsters await shipping at a wholesale distributer in Arundel, Maine. Lobster prices are falling in New England as the industry deals with the effects of the coronavirus pandemic. (AP Photo/Robert F. Bukaty, File)

Lobster prices falling, and they could fall further

Jun. 27, 2020 11:39 AM EDT

PORTLAND, Maine (AP) — Lobster prices are falling in New England as the industry deals with the effects of the coronavirus pandemic, and they could drop even more later this summer, industry officials said. The American lobster fishing industry, based mostly in Maine, has had to cope with a supply chain...

Industry lobbyists helped kill price hike on Iowa liquor

Jun. 26, 2020 5:18 PM EDT

IOWA CITY, Iowa (AP) — Opposition from lobbyists for the liquor and restaurant industries helped kill a price increase on alcohol products in Iowa that was intended to discourage unhealthy heavy drinking, emails released Friday show. The Iowa Alcoholic Beverages Division announced June 5 that it would...

Asian stocks skid as new coronavirus cases rattle markets

Jun. 25, 2020 12:15 AM EDT

BANGKOK (AP) — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround. Markets in Hong Kong, Taiwan and Shanghai were closed for...

Iraq passes bill to unlock funds for cash-strapped state

Jun. 24, 2020 3:04 PM EDT

BAGHDAD (AP) — Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling oil prices and the pandemic. Of 329 members of parliament, 168 voted in favor of a law enabling domestic and foreign borrowing...