Economy

Papua New Guinea's Prime Minister James Marape, second from left, shakes hands with Australian Prime Minister Scott Morrison, watched by their respective wives Rachael Marape, left, and Jenny Morrison after signing the visitors' book at Australia's Parliament House in Canberra Monday, July 22, 2019. Marape says his country's relationship with China in not open to discussion during his current visit to Australia. (AP Photograph/Rod McGuirk)
July 22, 2019 - 12:33 am
CANBERRA, Australia (AP) — Papua New Guinea's prime minister said Monday his South Pacific island nation was open to investment from China, Australia and any other country that is willing to work within the country's rules. Prime Minister James Marape is making his first visit to Australia since he...
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FILE - In this June 28, 2019 file photo, Ashlyn Myers of the Coalition for Life St. Louis, waves to a Planned Parenthood staff member in St. Louis, Mo. The Trump administration has told federally-funded family planning clinics it may be willing to delay enforcement of a controversial rule that bars them from referring women for abortions. (Robert Cohen/St. Louis Post-Dispatch via AP)
July 21, 2019 - 10:37 pm
WASHINGTON (AP) — The Trump administration is giving taxpayer-funded family planning clinics more time to comply with its new rule that says they no longer can refer women for abortions. But the clinics reacted warily to the administration's enforcement pause, and the widening rift could eventually...
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Trader Fred Reimer works on the floor of the New York Stock Exchange, Friday, July 19, 2019. U.S. stocks moved broadly higher in early trading on Wall Street Friday and chipped away at the week's losses. (AP Photo/Richard Drew)
July 21, 2019 - 10:10 pm
TOKYO (AP) — Asian shares were mostly lower Monday after Wall Street ended last week lower as investors continue to watch for what may be in store for U.S. interest rates. Japan's Nikkei 225 slipped 0.2% in early trading to 21,415.51. Australia's S&P/ASX 200 was little changed but a tad lower...
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About 200-300 people from the North Texas (Dallas-Fort Worth area) Puerto Rican community gather to protest Gov. Ricardo Rossello outside the Adobo Puerto Rican Cafe in Irving, Texas, Sunday, July 21, 2019. Puerto Rico's embattled governor says he will not seek re-election but will not resign as the island's leader, though he will step down as head of his pro-statehood party. (Tom Fox/The Dallas Morning News via AP)
July 21, 2019 - 10:08 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico Gov. Ricardo Rosselló said Sunday evening that he will not resign in the face of public furor over an obscenity-laced leaked online chat, but he will not seek reelection or continue as head of his pro-statehood political party. Protesters said they were not...
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White House Senior Adviser Jared Kushner speaks about border security to President Donald Trump and others during a Cabinet meeting in the Cabinet Room of the White House, Tuesday, July 16, 2019, in Washington. (AP Photo/Alex Brandon)
July 21, 2019 - 2:27 pm
WASHINGTON (AP) — President Donald Trump's son-in-law and senior adviser, Jared Kushner, is returning to the Mideast at month's end to promote the administration's $50 billion economic support plan for the Palestinians that they've rejected because it ignores their political demands. Kushner...
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FILE - In this Wednesday, Jan 9, 2019 file photo, Britain's Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street for the House of Commons to attend Prime Minister's question time, in London. Hammond says he will quit if, as widely expected Boris Johnson becomes prime minister. Hammond said Sunday, July 21, 2109 that Johnson’s vow to take the U.K. out of the European Union on Oct. 31, with or without a divorce deal is “not something that I could ever sign up to.” (AP Photo/Alastair Grant, File)
July 21, 2019 - 7:38 am
LONDON (AP) — British Treasury chief Philip Hammond said Sunday that he will quit if — as widely expected — Boris Johnson becomes prime minister this week on a promise to leave the European Union with or without a divorce deal. Hammond said Johnson's vow to press for a no-deal Brexit if he can't...
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In this May 2, 2013 photo the Liberian-flagged oil tanker Mesdar is seen at an unknown location. British Foreign Secretary Jeremy Hunt confirmed Friday July 19, 2019 that Iran had seized one British, the Stena Impero, and one Liberian-flagged vessel, Mesdar, in the Strait of Hormuz. It was the latest escalation of tension in the strategic waterway that has become a flashpoint in tensions between Tehran and the West. (John Pitcher via AP) MANDATORY CREDIT
July 20, 2019 - 7:04 pm
Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the vital waterway, with a spike in global oil prices a serious risk even without war, energy and maritime...
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President Donald Trump speaks with reporters on the South Lawn of the White House before departing, Friday, July 19, 2019, in Washington. (AP Photo/Alex Brandon)
July 20, 2019 - 5:40 pm
WASHINGTON (AP) — Rather than tangle with a stronger U.S. military, Iran is poking and prodding its Western antagonists in ways apparently designed to avoid triggering war but that nonetheless seem to heighten the risk of missteps and miscalculation that could lead to an armed conflict with global...
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FILE - In this Thursday, July 4, 2019 file photo, a Royal Marine patrol vessel is seen beside the Grace 1 super tanker in the British territory of Gibraltar. Taken on its own, Iran’s seizure of a British-flagged oil tanker in the Strait of Hormuz may seem like a brazen act of aggression, a provocative poke in the nose to both Britain and its chief ally, the United States. But Iran seems to view the armed takeover of the Stena Impero as a carefully calibrated response to the July 4 taking of an Iranian supertanker off the coast of Gibraltar, an operation in which Britain’s Royal Marines played a major role. (AP Photo/Marcos Moreno, File)
July 20, 2019 - 9:10 am
LONDON (AP) — Taken on its own, Iran's seizure of a British-flagged oil tanker in the Strait of Hormuz may seem like a brazen act of aggression, a provocative poke in the nose to both Britain and its ally, the United States. But Iran seems to view the armed takeover of the Stena Impero as a...
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Japan's Foreign Minister Taro Kono, center, speaks to the media after meeting with South Korean Ambassador to Japan Nam Gwan Pyo, at foreign ministry in Tokyo Friday, July 19, 2019. Japan has summoned South Korea's ambassador to protest Seoul's refusal to join in an arbitration panel to settle a dispute over World War II labor. (Masanobu Kumagai/Kyodo News via AP)
July 19, 2019 - 11:17 pm
TOKYO (AP) — Japan's foreign minister said Tokyo will take "necessary measures" against South Korea if interests of Japanese companies are harmed in an escalating dispute over World War II forced labor. The neighboring countries and U.S. allies are quarreling over South Korean court decisions...
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