Economy

Men look at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Nov. 7, 2018. Asian shares were mostly higher Wednesday as investors awaited results from the U.S. midterm elections, which could have an impact on the global economy and trade. (AP Photo/Eugene Hoshiko)
November 07, 2018 - 1:51 am
TOKYO (AP) — Asian shares were mixed Wednesday as the Democratic Party appeared on track to take back control of the U.S. House of Representatives, potentially putting a check on President Donald Trump. KEEPING SCORE: Japan's benchmark Nikkei 225 fell back in late trading, losing 0.3 percent to 22,...
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November 06, 2018 - 8:11 pm
A majority of voters casting midterm election ballots nationally said the country is headed in the wrong direction, according to a wide-ranging survey of the American electorate. As voters cast ballots for governor, U.S. Senate and members of Congress in Tuesday's elections, AP VoteCast found that...
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FILE - In this Friday, Oct. 26, 2018, file photo trader Jeffrey Vazquez, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Nov. 6. (AP Photo/Richard Drew, File)
November 06, 2018 - 7:59 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday as investors waited for results from the midterm elections in the U.S., which could affect the regional economy. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.7 percent in early trading to 22,300.38 ahead of the results. Australia's S...
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November 06, 2018 - 5:40 pm
SAN JUAN, Puerto Rico (AP) — A federal judge overseeing a bankruptcy-like process for Puerto Rico has approved the restructuring of the island's Government Development Bank in a move that officials called a "major milestone." The government issued a statement saying Tuesday's ruling is a...
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Tourists ride on three-wheeled pedicabs near Independence Monument as they head to Cambodia's Royal Palace in Phnom Penh, Cambodia, Monday, Nov. 5, 2018. (AP Photo/Heng Sinith)
November 06, 2018 - 12:34 pm
LONDON (AP) — China is set to overtake France as the world's number one tourist destination by 2030 as a growing middle class in Asia looks to spend more on travel, according to experts at market research group Euromonitor International. In a report published Tuesday at an industry conference in...
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Customers speak with a money exchanger at his shop in downtown Tehran, Iran, Monday, Nov. 5, 2018. Iran greeted the re-imposition of U.S. sanctions on Monday with air defense drills and a statement from President Hassan Rouhani that the nation faces a "war situation," raising Mideast tensions as America's maximalist approach to the Islamic Republic takes hold. (AP Photo/Ebrahim Noroozi)
November 06, 2018 - 11:55 am
TEHRAN, Iran (AP) — The "largest-ever" U.S. sanctions list targeting Iran drew mockery from Iranian officials on Tuesday for including mothballed Boeing 747s, a bank that closed years earlier and a sunken oil tanker that exploded off China months ago. However, the new list of sanctions, which also...
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International Monetary Fund (IMF) Managing Director Christine Lagarde attends a news briefing after the Third Round Table Dialogue in Beijing, Tuesday, Nov. 6, 2018. (Thomas Peter/Pool Photo via AP)
November 06, 2018 - 8:17 am
BEIJING (AP) — Leaders of the World Bank, International Monetary Fund and other global financial organizations warned Tuesday that trade tensions pose a growing risk for emerging economies. With the U.S. and China embroiled in their worst trade conflict in decades, global growth has "plateaued and...
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A currency trader watches the computer monitors at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Nov. 6, 2018. Share prices are mixed in Asia as markets await the outcome of the U.S. midterm elections. (AP Photo/Lee Jin-man)
November 06, 2018 - 7:18 am
BANGKOK (AP) — Global stock markets turned lower Tuesday, with Wall Street expected to dip on the open, as cautious investors awaited the outcome of the U.S. midterm elections. KEEPING SCORE: Britain's FTSE 100 lost 0.7 percent to 7,054 while Germany's DAX shed 0.2 percent to 11,470. The CAC 40 in...
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FILE - In this Jan. 10, 2018 file photo provided by China's Ministry of Transport, firefighting boats work to put on a blaze on the oil tanker Sanchi in the East China Sea off the eastern coast of China. The U.S.'s self-described "largest-ever" sanctions list targeting Iran includes the oil tanker that already sunk and a bank long since closed. Iranian Foreign Minister Mohammad Javad Zarif in a tweet late Monday, Nov. 5, 2018, called the re-imposition of sanctions a desperate move and said they target ordinary Iranians. (Ministry of Transport via AP, File)
November 06, 2018 - 7:02 am
TEHRAN, Iran (AP) — The Latest on the situation in Iran after the re-imposition of all American sanctions on the country (all times local): 3:30 p.m. Iran's Foreign Minister Mohammad Javad Zarif says new American sanctions are an "indiscriminate assault" on his country. Zarif made the comments...
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FILE - In this Jan. 22, 2014, file photo, a partially constructed gas refinery at the South Pars gas field is seen on the northern coast of Persian Gulf in Asalouyeh, Iran. Japan, South Korea and other major oil importers welcomed Tuesday the decision by the Trump administration to let them continue to import Iranian crude oil and other petroleum products despite the re-imposition of sanctions on Tehran. (AP Photo/Vahid Salemi, File)
November 06, 2018 - 5:28 am
SEOUL, South Korea (AP) — Japan, South Korea and other major oil importers welcomed Tuesday the decision by the Trump administration to let them continue to import Iranian crude oil and other petroleum products despite the re-imposition of sanctions on Tehran. The risk of excessive disruption to...
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