Stocks rise at the end of a rough week; Nike jumps
By MATTHEW CRAFT - AP - 45 mins ago
NEW YORK (AP) — The U.S. stock market headed higher Friday as investors welcomed good news on the U.S. economy at the end of a turbulent week of trading. Nike jumped after turning in higher profits, and Janus Capital Group soared following news that it had hired star bond fund manager Bill Gross.
Japan logs trade deficit for 26th month in a row
By ELAINE KURTENBACH - AP - Wed Sep 17, 9:53PM CDT
TOKYO (AP) — Japan logged a 948.5 billion yen ($8.7 billion) trade deficit in August, the 26th straight month of red ink, as slack demand from China and the U.S. stymied exports, the Finance Ministry said Thursday.
Stocks decline amid interest rate worries
By STEVE ROTHWELL - AP - Fri Sep 12, 4:33PM CDT
NEW YORK (AP) — The prospect of rising interest rates sent the stock market to its first weekly loss since early August.
Asia stocks muted; Tokyo rises as yen extends fall
By KELVIN CHAN - AP - Thu Sep 11, 10:42PM CDT
HONG KONG (AP) — Japanese stocks pushed higher on Thursday as the yen sank further against the dollar while other Asian benchmarks struggled for direction after a mixed close on Wall Street.
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S&P 500 hits record on dividend stocks, Ukraine
By STEVE ROTHWELL - AP - Fri Sep 05, 4:27PM CDT
NEW YORK (AP) — A surge in dividend-rich utility stocks helped push the Standard & Poor's 500 index to a record Friday.
Asia stocks slip ahead of US jobs report; Tokyo up
By KELVIN CHAN - AP - Thu Sep 04, 10:29PM CDT
HONG KONG (AP) — Most major Asian stock benchmarks fell Friday as investors stayed on the sidelines before a key U.S. jobs report later in the day while Japanese stocks edged higher after the yen fell to a six-year low.
Japan economy stalls as incomes, spending languish
By ELAINE KURTENBACH - AP - Fri Aug 29, 2:58AM CDT
TOKYO (AP) — Japan's vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world's third-largest economy.
Asian stocks post cautious gains, Qantas surges
By YURI KAGEYAMA - AP - Wed Aug 27, 11:25PM CDT
TOKYO (AP) — Asian stock markets were mostly higher Thursday but gains were muted ahead of U.S. economic data and possible policy announcements from Japan.
Talk of ECB action grows as European economy fades
By DAVID McHUGH - AP - Mon Aug 25, 1:43PM CDT
FRANKFURT, Germany (AP) — Worries about the economy are rippling through Europe.
Expectations of ECB help drive down eurozone rates
By DAVID McHUGH - AP - Fri Aug 22, 12:37PM CDT
Investors appear to be putting their money on the likelihood of more stimulus measures from the European Central Bank to keep the eurozone's shaky recovery from stalling.
Asian stocks higher after S&P 500 record close
By KELVIN CHAN - AP - Thu Aug 21, 10:41PM CDT
HONG KONG (AP) — Asian stocks inched higher on Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. Gains were tempered as investors awaited a key meeting of U.S. central bankers that's expected to shed light on the interest rate outlook.
Asia stocks make slight gains, await Yellen speech
By YURI KAGEYAMA - AP - Tue Aug 19, 11:02PM CDT
TOKYO (AP) — Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar.
Asia stocks rise after US gains, Ukraine diplomacy
By JOE McDONALD - AP - Mon Aug 18, 10:38PM CDT
BEIJING (AP) — Asian stocks were mostly higher Tuesday after U.S. markets rose on news of diplomatic efforts to broker a cease-fire in Ukraine.
Portugal bank collapse hits French financial group
AP - Tue Aug 05, 5:53AM CDT
PARIS (AP) — French bank Credit Agricole said Tuesday its second-quarter profit was nearly cut in half by the cost of writing off completely its stake in the Portuguese bank that needed a bailout this week.
Asia stocks rise modestly ahead of US, China data
By YOUKYUNG LEE - AP - Mon Jul 28, 11:48PM CDT
SEOUL, South Korea (AP) — Asian stock markets posted modest gains Tuesday as investors treaded cautiously ahead of U.S. and Chinese economic reports later this week.
Lloyds bank settles with US, UK over market fixing
By DANICA KIRKA and MARCY GORDON - AP - Mon Jul 28, 2:04PM CDT
LONDON (AP) — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
Global stocks bolstered by US earnings, home sales
By The Associated Press - AP - Wed Jul 23, 10:42AM CDT
LONDON (AP) — Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased.
Bulgaria to strip Corpbank of license
AP - Fri Jul 11, 7:30AM CDT
SOFIA, Bulgaria (AP) — Bulgaria's central bank says it will strip the country's fourth-largest lender, Corpbank, of its license following an audit — the results of which will be submitted to prosecutors.
Asian stocks weak amid new Europe jitters
By KAY JOHNSON - AP - Thu Jul 10, 11:21PM CDT
MUMBAI, India (AP) — Asian stock markets were muted Friday, following the lead of Wall Street traders spooked by worries about the soundness of a bank in Portugal that raised the specter of more financial turmoil in Europe.
Portuguese bank fears rekindle euro market tension
By BARRY HATTON - AP - Thu Jul 10, 4:28PM CDT
LISBON, Portugal (AP) — The specter of Europe's financial crisis is back to haunt investors.