Economy

US optimism pushes stock markets mostly higher

Jul 18, 2018

Upbeat Fed assessment, U.S. data leads gains in Europe after a mixed day in Asia

South Korea slashes jobs outlook, downgrades growth forecast

Jul 18, 2018

South Korea is dramatically cutting its jobs outlook and slightly cutting its economic growth forecast

ECB research says stimulus didn't favor the rich

Jul 18, 2018

The European Central Bank is quietly pushing back against criticism of its stimulus policies, publishing a research paper from economists who found the bank's efforts did not increase inequality in wealth or income

Asian stocks rise as solid US performance lifts spirits

Jul 18, 2018

Asian stocks rise as Fed comments, solid US performance lifts spirits

World markets turn lower ahead of comments by Fed chair

Jul 17, 2018

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

Kim slams local North Koreans for unfinished power plant

Jul 17, 2018

NKorean leader blasts local officials over unfinished hydroelectric plant as he struggles to boost the economy

Asian stocks fall, weighed by tensions over US trade tariffs

Jul 17, 2018

Asian markets are lower as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track

Financial forum: Virtual currencies need close monitoring

Jul 16, 2018

An international forum on financial regulation say virtual currencies such as Bitcoin do not now pose a threat to global stability but cautions that "vigilant monitoring" is needed in light of a rapidly changing market

Asian shares mostly higher; Japan's Nikkei up on weak yen

Jul 13, 2018

Asian shares mostly higher, led by advance in Japan as yen dips against dollar

Trade war fears a clear concern of European bank officials

Jul 12, 2018

Top officials at the European Central Bank expressed confidence at their last policy meeting that the eurozone economy remains "broadly on track"

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