Financial markets

August 02, 2018 - 7:03 am
LONDON (AP) — The Bank of England raised its main interest rate Thursday for only the second time since the 2008 financial crisis as it weighed a strong jobs market and high inflation against growing concerns about Brexit. The bank's nine-member Monetary Policy Committee voted unanimously to raise...
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People walk past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Aug. 2, 2018. Share benchmarks in Asia are sliding, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. (AP Photo/Kin Cheung)
August 02, 2018 - 4:38 am
BANGKOK (AP) — World shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. KEEPING SCORE: Germany's DAX fell 1 percent to 12,604.39 and the CAC 40...
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In this July 25, 2018 photo, Andrew Craig Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey. Brunson, who had been jailed in Turkey for more than one and a half years on terror and espionage charges was released and will be put under house arrest as his trial continues. The White House is announcing that the Treasury Department is imposing sanctions on two Turkish officials over a detained American pastor who is being tried on espionage and terror-related charges. (AP Photo/Emre Tazegul)
August 01, 2018 - 5:53 pm
WASHINGTON (AP) — The United States slapped sanctions on two Turkish officials on Wednesday over a detained American pastor who is being tried on espionage and terror-related charges. Turkey vowed retaliation "without delay," warning it would harm relations between the two allies. President Donald...
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An investor sits in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Wednesday, Aug. 1, 2018. Asian markets were mixed on Wednesday as traders were unsure if reported efforts by the U.S. and China to restart trade talks would bear fruit. (AP Photo/Vincent Thian)
August 01, 2018 - 2:49 am
SINGAPORE (AP) — Asian shares are mixed as U.S. plans to raise tariffs on $200 billion of Chinese imports and weaker-than-expected manufacturing data weighed on sentiment. KEEPING SCORE: Japan's Nikkei 225 index rose 0.9 percent to 22,746.70 and South Korea's Kospi added 0.5 percent to 2,307.02 on...
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An investor sits in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Wednesday, Aug. 1, 2018. Asian markets were mixed on Wednesday as traders were unsure if reported efforts by the U.S. and China to restart trade talks would bear fruit. (AP Photo/Vincent Thian)
August 01, 2018 - 12:47 am
SINGAPORE (AP) — Asian shares are mostly higher as traders watch to see what might come of reports the U.S. and China are looking to restart trade talks. KEEPING SCORE: Japan's Nikkei 225 index rose 0.7 percent to 22,713.08 and South Korea's Kospi added 0.4 percent to 2,304.03. The Shanghai...
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FILE - In this March 6, 2018, photo a home is advertised as sold in Sunnyvale, Calif. U.S home prices rose rapidly in May 2018, a trend that is thwarting some would-be buyers and pulling down home sales. The S&P CoreLogic Case-Shiller 20-city home price index rose 6.5 percent in May from a year earlier. .(AP Photo/Marcio Jose Sanchez, File)
July 31, 2018 - 10:58 am
WASHINGTON (AP) — U.S home prices rose rapidly in May, a trend that is thwarting some would-be buyers and pulling down home sales. The S&P CoreLogic Case-Shiller 20-city home price index released Tuesday rose 6.5 percent in May from a year earlier. That's down slightly from April, but is still...
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A man walks past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Tuesday, July 31, 2018. Asian markets were mixed on Tuesday with narrow trading ahead of a key statement by the Bank of Japan, which could indicate a tightening of its monetary policy. (AP Photo/Kin Cheung)
July 31, 2018 - 7:36 am
SINGAPORE (AP) — World stock markets lost some of their gains Tuesday after economic releases for China and the 19-country eurozone showed a small slowdown amid concerns about U.S. tariffs. KEEPING SCORE: Britain's FTSE 100 was up 0.6 percent to 7,745 while Germany's DAX fell almost 0.1 percent to...
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The logo for Caterpillar appears above a trading post on the floor of the New York Stock Exchange, Monday, July 30, 2018. Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. (AP Photo/Richard Drew)
July 30, 2018 - 10:37 am
NEW YORK (AP) — Technology stocks continued to fall in morning trading on Monday, following sharp losses at the end of last week. But energy stocks rose with the price of oil and helped to keep U.S. indexes relatively steady ahead of a busy week full of central-bank meetings, corporate earnings...
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In this photo provided by Egypt's state news agency MENA, Egyptian President Abdel-Fattah el-Sissi speaks during a youth conference in Cairo, Egypt, Sunday, July 29, 2018. El-Sissi said he is “upset” over recent online postings calling on him to step down over the country’s troubled economy. El-Sissi zealously defended his economic policies on Sunday, saying he was left with no choice but to embrace painful austerity measures to revive an economy mauled by years of political turmoil and violence. (MENA via AP)
July 29, 2018 - 2:31 pm
CAIRO (AP) — Egypt's president zealously defended his economic policies on Sunday, saying he was left with no choice but to embrace painful austerity measures to revive an economy mauled by years of political turmoil and violence. Abdel-Fattah el-Sissi was speaking at a youth conference a day after...
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Former Zimbabwean President Robert Mugabe holds a press briefing at his residence in Harare, Sunday, July 29, 2018, on the eve of the country's elections. Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under Mugabe. (AP Photo/Tsvangirayi Mukwazhi)
July 29, 2018 - 8:39 am
HARARE, Zimbabwe (AP) — Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under former leader Robert Mugabe. If it is flawed and disputed, as some predict, the southern African nation could slide...
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