Financial markets

A woman wearing a mask passes a sign for Wall Street, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)
July 01, 2020 - 10:18 pm
Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced...
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A woman wearing a mask passes the New York Stock Exchange, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)
June 30, 2020 - 11:00 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic. Japan's benchmark Nikkei 225 slipped 0.2% to 22,187.27. South Korea's Kospi rose 1.0% to 2,130.14...
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European Union foreign policy chief Josep Borrell waits for the start of a meeting, Supporting the future of Syria and the Region, in videoconference format at the European Council building in Brussels, Tuesday, June 30, 2020. (AP Photo/Virginia Mayo, Pool)
June 30, 2020 - 4:45 am
BRUSSELS (AP) — Donors from around 60 countries and international agencies are meeting Tuesday to drum up financial aid for Syria as the coronavirus and economic chaos wreak even more havoc in a country shattered by a conflict now in its 10th year. The war has killed more than 400,000 people and...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 30, 2020. Asian shares are rising, cheered by a rally on Wally Street that underlined some optimism about global business performance despite the ongoing coronavirus pandemic. (AP Photo/Vincent Yu)
June 29, 2020 - 10:27 pm
TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. Japan's benchmark Nikkei 225 gained 1.8% in morning trading to 22,380.02. South Korea's Kospi gained 1.5% to 2,123...
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June 29, 2020 - 3:51 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to contain the spread of the coronavirus. “A full recovery is unlikely until people...
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German Chancellor Angela Merkel and French President Emmanuel Macron, left, talk during a bilateral meeting at the German government's guest house Meseberg Castle in Gransee near Berlin, Germany, Monday, June 29 2020. The meeting takes place ahead of Germany's EU Council Presidency in the second half of 2020. (Hayoung Jeon, Pool via AP)
June 29, 2020 - 1:44 pm
BERLIN (AP) — The leaders of Germany and France said Monday they will use their influence as European Union powerhouses to help negotiate a rapid agreement on a coronavirus recovery package for the 27-nation bloc that leaves no country behind. In their first face-to-face meeting since the start of...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 29, 2020. Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. (AP Photo/Eugene Hoshiko)
June 28, 2020 - 10:56 pm
BANGKOK (AP) — Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. Tokyo’s Nikkei 225 index lost 1.3% in early trading. Shares also fell in Hong Kong, Sydney, Shanghai and South Korea. Investors have been...
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In this photo released on Thursday, June 11, 2020 by the Lebanese Government, President Michel Aoun, left, meets with U.S. Ambassador to Lebanon Dorothy Shea, at the Presidential Palace in Baabda, east of Beirut, Lebanon. A Lebanese court issued a ruling Saturday barring local and foreign media in the country from interviewing the U.S. ambassador to Beirut for a year, calling a recent interview in which she criticized the powerful Hezbollah group seditious and a threat to social peace. (Dalati Nohra/Lebanese Government via AP)
June 28, 2020 - 7:29 am
BEIRUT (AP) — Lebanon’s foreign minister summoned the U.S. ambassador to Beirut over comments she made recently in which she criticized the militant Hezbollah group, state-run National News Agency reported Sunday. The agency gave no further details other than saying that the meeting between Foreign...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)
June 26, 2020 - 1:35 pm
Stocks fell sharply on Wall Street Friday as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries among investors that the reopening of businesses they are banking on to revive the economy will be derailed. The S&P 500 slid 2%, giving up all of its...
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FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. The Federal Reserve said on Thursday, June 25, 2020, a worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause nation’s 34 largest banks to collectively lose roughly $700 billion. To bolster the banks ahead such a potentially damaging recession, the Fed ordered the banks to suspend stock buybacks and dividend payouts until Sept. 30. (AP Photo/Steven Senne)
June 25, 2020 - 10:38 pm
NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday. To bolster the banks ahead of such a potentially damaging recession, the Fed ordered...
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