Financial markets

January 15, 2019 - 7:13 am
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico's finances is asking a court to invalidate more than $6 billion worth of debt issued by the U.S. territory, a move that would hit bondholders. The board said late Monday the debt includes all general obligation bonds...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 15, 2019. Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China’s slowdown. (AP Photo/Ahn Young-joon)
January 15, 2019 - 6:33 am
SINGAPORE (AP) — Global stock markets mostly rose Tuesday as after Chinese officials set out plans to support the world's second-biggest economy through a slowdown. Investors were also looking at corporate earnings as well as a vote later by the British parliament on a Brexit deal that has drawn...
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Pedestrians wait to cross a traffic intersection at the Central Business District in Beijing, Monday, Jan. 14, 2019. China's 2018 trade surplus with the United States surged to a record $323.3 billion but exports contracted in December as the delayed impact of President Donald Trump's tariff hikes started to depress demand. Global exports shrank 4.5 percent in December, reflecting weak consumer demand. (AP Photo/Andy Wong)
January 15, 2019 - 12:10 am
BEIJING (AP) — China plans to slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis and the impact of a bruising trade war with the U.S. The People's Bank of China is confident it can...
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A woman with a wounded leg during clashes between protestors and police, is transported in a wheelbarrow, during protests over fuel hikes in Harare, Zimbabwe, Monday, Jan. 14, 2019. Zimbabwean police on Monday fired tear gas in suburbs of the capital an attempt to disperse angry demonstrators who burned tires and threw stones to protest fuel price hikes. (AP Photo/Tsvangirayi Mukwazhi)
January 14, 2019 - 10:10 am
HARARE, Zimbabwe (AP) — Zimbabwean soldiers on Monday deployed in some urban areas where police clashed with protesters over fuel hikes, deepening the sense of crisis in a country whose economy is rapidly deteriorating. At least 13 people were injured by gunfire and 12 were arrested, human rights...
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In this Jan. 10, 2019, photo released by Xinhua News Agency, a worker checks on a soybean food at a processing factory in Xiaotun Township of Dafang County in Bijie, southwest China's Guizhou Province. China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened. Exports rose 7.1 percent, customs data showed Monday, Jan. 14, 2019 down from the 7.9 percent reported earlier for 2017. Import growth declined to 12.9 percent from the previous year's 15.9 percent. (Luo Dafu/Xinhua via AP)
January 14, 2019 - 10:04 am
BEIJING (AP) — China's 2018 trade surplus with the United States surged to a record $323.3 billion, but exports contracted in December as the delayed impact of President Donald Trump's tariff hikes started to hurt demand. Exports to the United States in 2018 rose 11.3 percent to $478.4 billion...
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A worker checks the floor near the screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, Monday, Jan. 14, 2019. Shares were lower in Asia on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports. (AP Photo/Lee Jin-man)
January 13, 2019 - 10:37 pm
BANGKOK (AP) — Shares were lower in Asia on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports. KEEPING SCORE: Hong Kong's Hang Seng index lost 1.4 percent to 26,299.19 while the Shanghai Composite fell 0.6 percent to 2,539.59. The Kospi in South Korea...
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January 11, 2019 - 1:10 pm
WASHINGTON (AP) — Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released...
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FILE- In this Jan. 4, 2019, file photo specialists Anthony Rinaldi, left, and Peter Mazza confer as they work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 11. (AP Photo/Richard Drew, FIle)
January 11, 2019 - 9:11 am
NEW YORK (AP) — Stocks slipped in Friday morning trading, as falling oil prices dragged down energy companies, but the S&P 500 remained on track to close out its third straight winning week following a brutal December. KEEPING SCORE: The S&P 500 was down 14 points, or 0.6 percent, at 2,582...
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Visitor watch a stock trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Jan. 11, 2019. Asian markets were mostly higher on Friday as investors cheered a more reactive Federal Reserve and U.S.-China trade talks. (AP Photo/Vincent Thian)
January 11, 2019 - 3:07 am
SINGAPORE (AP) — Global markets were mostly higher on Friday as investors cheered the Federal Reserve's more restrained stance and opt to view this week's U.S.-China trade talks in a positive light. KEEPING SCORE: In Europe, Germany's DAX added 0.1 percent to 10,934.19 and the CAC 40 in France...
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Specialist Peter Mazza, left, and trader Ryan Falvey work on the floor of the New York Stock Exchange, Thursday, Jan. 10, 2019. Stocks are slumping in early trading on Wall Street led by steep drops in Macy's and other retailers after several of the companies reported weak holiday sales. (AP Photo/Richard Drew)
January 10, 2019 - 4:52 pm
NEW YORK (AP) — A day of back-and-forth trading Thursday ended with the fifth gain in a row for U.S. stocks. Industrial companies like Boeing and General Electric rose while retailers fell as Macy's suffered its biggest loss of all time. Stocks struggled in the early going and the Dow Jones...
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