Economy

A currency trader works near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, Nov. 12, 2018. Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and Japan later in the week. (AP Photo/Lee Jin-man)
November 11, 2018 - 10:34 pm
SINGAPORE (AP) — Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and Japan later in the week. KEEPING SCORE: Japan's Nikkei 225 added 0.2 percent to 22,284.23. Hong Kong's Hang Seng rose 0.5 percent to 25,716.59. The Shanghai...
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In this Oct. 31, 2018, photo, Chinese investors use computer terminals as they monitor stock prices at a brokerage house in Beijing. China's government is trying to dispel stock market gloom and talk prices back up with promises of tax cuts and a media campaign led by its economic czar. (AP Photo/Mark Schiefelbein)
November 10, 2018 - 7:32 pm
BEIJING (AP) — Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell. Lu's shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with...
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November 09, 2018 - 6:43 pm
HONOLULU (AP) — A major Hawaii printer is closing its commercial printing business and laying off 93 people in part because of tariffs the U.S. slapped on imports of Chinese paper. A news release from Hagadone Corporation Hawaii Holdings says the import duty increased the cost of the company's roll...
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FILE - In this Sept. 29, 2018 file photo, Mexico's President-elect Andres Manuel Lopez Obrador speaks at a rally commemorating the 50th anniversary of a bloody reprisal against students, at the Tlatelolco Plaza in Mexico City. Mexican stocks appeared headed for a second day of losses on Friday, Nov. 9, 2018, after Lopez Obrador floated a proposal to prohibit some commissions charged by private banks. (AP Photo/Christian Palma, File)
November 09, 2018 - 4:54 pm
MEXICO CITY (AP) — Mexican stocks experienced a second day of losses Friday after the party of President-elect Andres Manuel Lopez Obrador floated a proposal to prohibit some commissions charged by private banks. Mexico's benchmark IPC index finished the day down slightly at .03 percent Friday,...
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Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)
November 09, 2018 - 4:51 pm
NEW YORK (AP) — U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. Auto sales in China fell in October for the fourth month in a row and are down 13 percent...
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A Ryanair plane sits on the tarmac at the Bordeaux-Merignac airport in southwestern France, after being impounded by French authorities, Friday, Nov. 9, 2018. Storms, strikes, computer failures _ you can now add "your plane has been seized by the government" to the list of things that can delay your flight. (AP Photo)
November 09, 2018 - 2:15 pm
PARIS (AP) — Storms, strikes, computer failures — you can now add "your plane has been seized by the government" to the list of things that can delay your flight. In France, 149 passengers were preparing to take off for London late Thursday when French authorities ordered their Ryanair Boeing 737...
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Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)
November 09, 2018 - 12:04 pm
NEW YORK (AP) — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since April,...
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FILE- In this Sept, 17, 2018, file photo tomatoes go through a washing process at the Los Gatos Tomato Products plant in Huron, Calif. On Friday, Nov. 9, the Labor Department reports on U.S. producer price inflation in October. (AP Photo/Marcio Jose Sanchez, File)
November 09, 2018 - 12:04 pm
WASHINGTON (AP) — Led by costlier gas, food, and chemicals, U.S. wholesale prices surged 0.6 percent in October, the biggest month-to-month rise in six years. Yet excluding items that tend to fluctuate sharply from month to month, inflation pressures remain tame. The jump in the producer price...
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Deputy Premier and Labor Minister Luigi Di Maio talks to reporters during a press conference at the Foreign Press Association headquarters, in Rome, Friday, Nov. 9, 2018. (AP Photo/Andrew Medichini)
November 09, 2018 - 10:19 am
ROME (AP) — The head of one of Italy's ruling parties insisted Friday that the country won't exit the euro currency bloc nor exceed its targeted deficit limit, dismissing the European Union's worries about the populist government's budget strategy. Deputy Premier Luigi Di Maio, who heads the main...
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November 09, 2018 - 5:38 am
LONDON (AP) — A spike in consumer spending driven by warm weather and England's surprise advance to the semifinals of the soccer World Cup helped the British economy post its best growth in nearly two years during the third quarter, official figures showed Friday. However, the 0.6 percent quarterly...
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