Banking and credit

FILE - This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. U.S. stocks were up slightly in early trading Friday, Oct. 20, 2017, as investors cheered a crop of strong company earnings. (AP Photo/Richard Drew, File)
May 30, 2017 - 11:44 am

US stocks slip as energy companies and banks skid

NEW YORK (AP) — U.S. stocks are lower Tuesday as energy companies once again slump with the price of oil and banks slide in tandem with bond yields and interest rates. Technology companies and consumer-focused companies continue to climb and Amazon.com briefly surpassed $1,000 a share for the first...
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FILE - In this Thursday, May 18, 2017, file photo, Greek Finance Minister Euclid Tsakalotos speaks during a parliamentary session to vote more austerity measures as part of an agreement with international bailout creditors, in Athens. Tsakalotos insisted on Monday, May, 29, 2017 that the country had met all its reform commitments, and that it was now up to international creditors to agree on how to make Greece's debt sustainable and help the nation emerge from its financial crisis. (AP Photo/Petros Giannakouris, File)
May 29, 2017 - 12:28 pm

Greece: Creditors must deliver on promise to lighten debt

ATHENS, Greece (AP) — Greece's finance minister insisted Monday the country had met all its reform commitments, and said it was now up to international creditors to agree on how to make Greece's debt sustainable and help the nation emerge from its financial crisis. Minister Euclid Tsakalotos said...
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May 29, 2017 - 10:08 am

Eurozone's top banker: stimulus needed despite higher growth

BRUSSELS (AP) — The head of the European Central Bank says while the economy of the 19-nation eurozone is improving, it still needs substantial stimulus. At a parliamentary hearing Monday in Brussels, Mario Draghi said "the economic upswing is becoming increasingly solid and continues to broaden...
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Women stand in the rain in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, May 25, 2017. Shares in Asia are higher after an overnight advance on Wall Street spurred by the latest meeting minutes from the Federal Reserve. (AP Photo/Eugene Hoshiko)
May 25, 2017 - 5:43 am

Most world stocks rise after Fed minutes; oil rally fades

HONG KONG (AP) — Most world stock markets rose Thursday as investors assessed the Federal Reserve's latest meeting minutes, while crude oil's rally fizzled out ahead of an OPEC meeting on production. KEEPING SCORE: Most European benchmarks climbed after an early wobble. France's CAC 40 added 0.3...
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Women stand in the rain in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, May 25, 2017. Shares in Asia are higher after an overnight advance on Wall Street spurred by the latest meeting minutes from the Federal Reserve. (AP Photo/Eugene Hoshiko)
May 25, 2017 - 1:45 am

Asian shares gain, tracking Wall St advance, oil price rally

HONG KONG (AP) — Asian shares climbed Thursday after Wall Street advanced overnight into record territory spurred by the latest meeting minutes from the Federal Reserve. KEEPING SCORE: The Nikkei 225 stock index in Tokyo climbed 0.4 percent to 19,821.44 and Hong Kong's Hang Seng jumped 0.7 percent...
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May 24, 2017 - 8:41 pm

Architect of Dodd-Frank repeal bill agrees to key change

WASHINGTON (AP) — The architect of House legislation that would repeal much of the Dodd-Frank law enacted after the financial crisis agreed Wednesday to make a key change to the bill, clearing the way for the full House to take up the measure in coming weeks. Rep. Jeb Hensarling of Texas, the...
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May 24, 2017 - 10:49 am

Lebanon renews Central Bank governor's term amid turbulence

BEIRUT (AP) — The Lebanese government has reappointed Lebanon's long-serving Central Bank governor for another six year term. The renewal of Riad Salameh's term sends a positive signal to international investors at a time of regional turbulence when Lebanese banks are increasingly under scrutiny...
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In this May 11, 2017 photo, Chinese President Xi Jinping, center left, and his wife Peng Liyuan arrive for a welcome ceremony for Vietnam's President Tran Dai Quang at the Great Hall of the People in Beijing. China will seek to burnish President Xi Jinping’s stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to Beijing. The “Belt and Road Forum” opening Sunday, May 14 is the latest in a series of high-profile appearances aimed at projecting Xi’s influence on the global stage ahead of a key congress of the ruling Communist Party later this year. (AP Photo/Mark Schiefelbein)
May 12, 2017 - 6:05 am

Forum on China's economic reach helps leader extend his own

BEIJING (AP) — China will seek to burnish President Xi Jinping's stature as a world-class statesman at an international gathering centered on his signature foreign policy effort that envisions a future world order in which all roads lead to Beijing. The Belt and Road Forum opening Sunday is the...
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In this May 11, 2017 photo, Chinese President Xi Jinping, center left, and his wife Peng Liyuan arrive for a welcome ceremony for Vietnam's President Tran Dai Quang at the Great Hall of the People in Beijing. China will seek to burnish President Xi Jinping’s stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to Beijing. The “Belt and Road Forum” opening Sunday, May 14 is the latest in a series of high-profile appearances aimed at projecting Xi’s influence on the global stage ahead of a key congress of the ruling Communist Party later this year. (AP Photo/Mark Schiefelbein)
May 12, 2017 - 12:22 am

China's Silk Road forum latest effort to boost Xi's stature

BEIJING (AP) — China will seek to burnish President Xi Jinping's stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to Beijing. The "Belt and Road Forum" opening Sunday is the...
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In this May 11, 2017 photo, Chinese President Xi Jinping, center left, and his wife Peng Liyuan arrive for a welcome ceremony for Vietnam's President Tran Dai Quang at the Great Hall of the People in Beijing. China will seek to burnish President Xi Jinping’s stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to Beijing. The “Belt and Road Forum” opening Sunday, May 14 is the latest in a series of high-profile appearances aimed at projecting Xi’s influence on the global stage ahead of a key congress of the ruling Communist Party later this year. (AP Photo/Mark Schiefelbein)
May 11, 2017 - 9:51 pm

China's Silk Road forum latest effort to boost Xi's stature

BEIJING (AP) — China will seek to burnish President Xi Jinping's stature as a world-class statesman at an international gathering centered on his signature foreign policy effort envisioning a future world order in which all roads lead to Beijing. The "Belt and Road Forum" opening Sunday is the...
Read More

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