The European Central Bank said Thursday that it will make an early exit from its economic stimulus efforts as it combats record inflation that threatens to go ever higher as energy prices soar during Russia's war in Ukraine.
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street fell as investors watched for signs of whether global central banks will try to cool inflation by speeding up the withdrawal of economic stimulus.
FRANKFURT, Germany (AP) — The head of the European Central Bank said record inflation could linger for “longer than expected” and appeared to open the door at least a crack for an interest rate increase this year.
BEIJING (AP) — Asian stock markets rose Thursday after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports.
Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced.
BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after Federal Reserve chairman Jerome Powell said monetary policy would return to normal and interest rates might be raised earlier than planned.
BEIJING (AP) — Asian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy.
Shanghai, Tokyo, Hong Kong and Sydney retreated at the start of a trading week that will be shortened by the Christmas holiday.
Stocks climbed in Asia on Thursday, tracking Wall Street’s gains, after the Federal Reserve said it would accelerate its pullback of economic stimulus.
The Fed said it would likely raise interest rates three times next year to tackle rising inflation and will shrink its monthly bond purchases at twice the pace it previously announced, in line with ending them altogether in March.
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday as a rally cooled and investors waited for U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday as investors waited for U.S. inflation data that might influence the Federal Reserve's decision on when to roll back economic stimulus.
BEIJING (AP) — Asian stock markets fell Thursday after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool inflation.
Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney declined.
TOKYO (AP) — Asian shares were mixed Thursday, after a worrisome report on U.S. inflation that slammed into the bond market and knocked stocks lower on Wall Street.
In Japan, where investors are awaiting an economic stimulus package from newly elected Prime Minister Fumio Kishida, the benchmark Nikkei 225 climbed 0.6% in morning trading to 29,295.20.
BEIJING (AP) — Asian stock markets fell Wednesday after Australian inflation increased, highlighting global pressure for prices to rise, while investors looked ahead to U.S. economic growth data due out this week.
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose for a fifth day on strong corporate earnings.
Shanghai and Seoul, South Korea, fell while Tokyo and Hong Kong advanced.
BEIJING (AP) — Asian stock markets rose Tuesday as investors watched for decisions from central banks in Europe and elsewhere about when they might start to wind down economic stimulus.
Shares advanced in Shanghai, Tokyo and Hong Kong, which are the bulk of Asia's market capitalization.
BEIJING (AP) — Global stock markets and Wall Street futures rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices.
BEIJING (AP) — Asian stock markets rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices.
BEIJING (AP) — Asian stock markets rose Friday as investors awaited U.S. hiring data some appear to hope will be weak enough to persuade the Federal Reserve to postpone winding down economic stimulus.
BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus.
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously thought.
Tokyo, Hong Kong and Seoul fell while Shanghai gained after Fed policymakers, who previously forecast no interest rate hikes before 2024, estimated their benchmark rate would be raised twice by late 2023.
BEIJING (AP) — Asian stock markets rose Wednesday as inflation fears eased and investors looked ahead to U.S. data that are expected to show economic growth accelerating.
Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced.
TOKYO (AP) — Asian shares mostly fell Thursday as caution set in over company earnings reports, recent choppy trading in technology stocks and prospects for more economic stimulus for a world battling a pandemic...
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U...
BEIJING (AP) — Asian stocks advanced Tuesday as investors watched for details of President-elect Joe Biden's promised economic stimulus plan.
Shanghai, Tokyo and Hong Kong were higher. Seoul declined while Sydney swung between gains and losses.
TOKYO (AP) — Asian shares were mostly higher Friday on hopes for additional economic stimulus after U...
Stocks rose in China and were little changed in Japan on Friday with most world markets closed for Christmas holidays.
The mixed session followed an advance during Wall Street's shortened Christmas Eve trading as investors began the holiday weekend seemingly untroubled over President Donald Trump’s threat not to sign a major economic stimulus package approved by Congress this week.
NEW YORK (AP) — Stocks closed slightly higher on Christmas Eve, as investors went into the holiday weekend not bothered by President Donald Trump’s threat not to sign a major economic stimulus package approved by Congress this week...
BEIJING (AP) — Asian stock markets followed Wall Street higher on Tuesday as investors watched for U...
FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infections and new restrictions on activity threaten Europe’s economy...
Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month...
TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U...
TOKYO (AP) — Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus...
Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov...
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2...
WASHINGTON (AP) — President Donald Trump's call for another round of stimulus checks to most taxpayers is getting a lukewarm endorsement from his GOP allies on Capitol Hill, but it's emerging as an early area of potential agreement with Democrats like House Speaker Nancy Pelosi on the next coronavirus bill...
TOKYO (AP) — IOC member John Coates, who oversees planning for next year's Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy...
MEXICO CITY (AP) — Mexico President Andrés Manuel López Obrador promised Monday to stick with his modest economic recovery plan after the country’s main business groups reacted negatively to the proposal, which would expand his signature social programs and tighten government austerity measures in the face of economic havoc wrought by Covid-19...
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century...
WASHINGTON (AP) — President Donald Trump's proposed payroll tax break met with bipartisan resistance Tuesday on Capitol Hill as pressure mounts on the administration and Congress to work more vigorously to contain the coronavirus outbreak and respond to the financial fallout...
SINGAPORE (AP) — China's premier sought Tuesday to reassure its neighbors that Beijing will push ahead with reforms needed to support growth across the region and also keep the peace in contested waters in the South China Sea...