Latest Motor fuel markets News

Asian shares skid on renewed US-China trade worries

Nov. 20, 2019 11:35 PM EST

BEIJING (AP) — Shares skidded Thursday in Asia after moderate declines on Wall Street as anxious mounted over the possibility the U.S. and China may not reach a trade deal before next year. Hong Kong led the region with its benchmark Hang Seng index falling 1.5% to 26,461.41. The Shanghai Composite index...

Asian shares retreat on poor Japan trade data, China news

Nov. 19, 2019 10:34 PM EST

BEIJING (AP) — Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike. Adding to regional jitters, the U.S. Senate passed a resolution overnight to support human rights in...

Asian shares mixed amid caution on US-China trade talks

Nov. 18, 2019 10:30 PM EST

TOKYO (AP) — Asian shares are mixed as investors remain cautious over prospects for an agreement in trade talks between the United States and China. Japan’s benchmark Nikkei 225 edged 0.1% lower to 23,384.14. Australia’s S&P/ASX 200 added 0.4% to 6,745.60. South Korea’s Kospi...

Stocks end week of milestones at new highs; Dow tops 28,000

Nov. 15, 2019 5:41 PM EST

Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth straight weekly...

Stock prices surge on bullish talk on China-US trade deal

Nov. 15, 2019 12:27 AM EST

BANGKOK (AP) — Shares advanced in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade. Markets have swung from euphoria to alarm as officials in Beijing and Washington offered conflicting opinions about the state of the...

Asian stocks sink after Trump threatens more China tariffs

Nov. 12, 2019 10:53 PM EST

BEIJING (AP) — Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday that...

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...

Stocks push past latest trade-war confusion to more records

Nov. 8, 2019 4:44 PM EST

NEW YORK (AP) — The stock market capped another week of healthy gains on Friday, but it ended on more of a befuddled note than a bang as confusion about the U.S.-China trade war hung over the market. Stocks wobbled between small gains and losses through the day amid conflicting signals about the progress...

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...

Dow hits record as stock market rally extends into 5th week

Nov. 4, 2019 6:43 PM EST

NEW YORK (AP) — The Dow Jones Industrial Average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market's rally carried into a fifth week. Oil producers, banks and other stocks that do well when the economy is strengthening again led the way. It's a notable shift...