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News & Commentary
YOU ARE HERE:  Forex » News & Commentary » Associated Press

Asian stocks tumble on weak China, Japan data

By TERESA CEROJANO - AP - 2 hrs 35 mins ago
MANILA, Philippines (AP) — Asian stock markets sank Monday, battered by weak Chinese trade and a reduced estimate for Japan's economic growth. Shares in Malaysia Airlines tumbled on news of the weekend disappearance of one its jets enroute to Beijing. (full story)

Business Highlights

By The Associated Press - AP - Fri Mar 07, 4:18PM CST
___ (full story)

Oil rises on solid gain in US hiring; gasoline up

By PABLO GORONDI - AP - Fri Mar 07, 3:18PM CST
The price of oil crept up to near $102 a barrel Friday after a solid increase in U.S. employment and a decline in the dollar. (full story)

World markets mixed after US jobs report

The Associated Press - AP - Fri Mar 07, 11:12AM CST
LONDON (AP) — World stock markets were mixed Friday after official figures showed hiring in the U.S., the world's largest economy, rose last month despite the severe winter weather. (full story)

Euro hits highest level against dollar since 2011

By PAN PYLAS - AP - Fri Mar 07, 8:08AM CST
LONDON (AP) — The euro has struck its highest level against the dollar for nearly two and a half years in the wake of the European Central Bank's decision not to cut interest rates further. (full story)

Asia stocks gain on China prospects, US data

By KAY JOHNSON - AP - Thu Mar 06, 10:34PM CST
MUMBAI, India (AP) — Asian stocks mostly rose Friday, buoyed by a third all-time high on a key Wall Street index this week and signs that China will follow up on pledges to further open the world's No. 2 economy, (full story)

European Central Bank holds rates amid recovery

By DAVID McHUGH - AP - Thu Mar 06, 9:56AM CST
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate on hold Thursday and raised its economic growth forecasts as it acknowledged that the recovery is strengthening in the 18 countries that use the euro. (full story)

Bank of England suspends employee in forex probe

AP - Wed Mar 05, 9:42AM CST
LONDON (AP) — The Bank of England has suspended a member of staff while it conducts an investigation into allegations that the institution condoned or knew about manipulation in the foreign exchange markets. (full story)

Asian stocks muted on Ukraine crisis

By KAY JOHNSON - AP - Mon Mar 03, 10:53PM CST
MUMBAI, India (AP) — Asian stock markets were subdued Tuesday after investors around the world took fright at how the crisis in Ukraine might escalate. (full story)

Russia sets Ukraine agenda with diplomacy, threats

By DAVID McHUGH and DALTON BENNETT - AP - Mon Mar 03, 10:48PM CST
KIEV, Ukraine (AP) — Russian troops said to be 16,000 strong tightened their stranglehold on Ukraine's Crimean Peninsula Monday, openly defying the U.S. and the European Union and rattling world capitals and stock markets. (full story)

Shares of Russian companies traded in US plummet

AP - Mon Mar 03, 10:50AM CST
NEW YORK (AP) — Shares of Russian companies traded in the U.S. are plummeted Monday as the country's military forces streamed into Ukraine, raising the possibility of sanctions by Western governments. (full story)

Russian markets, ruble plummet on Ukraine fears

AP - Mon Mar 03, 4:06AM CST
MOSCOW (AP) — Russia's stock market dropped about 10 percent on Monday and its currency fell to its lowest point ever against the dollar and the euro as worries grew over the potential economic repercussions of the crisis in neighboring Ukraine. (full story)

Asian stocks tumble as Ukraine tensions intensify

By JOE McDONALD - AP - Sun Mar 02, 10:07PM CST
BEIJING (AP) — Asian stocks tumbled Monday as tensions over Russia's military advance into Ukraine and the impact of possible sanctions by Western governments intensified. (full story)

World markets buoyed by S&P push to record high

By KAY JOHNSON - AP - Fri Feb 28, 11:11AM CST
MUMBAI, India (AP) — World stock markets rose Friday, boosted by a strong performance on Wall Street, where the S&P 500 index was on track to close at another record high. (full story)

Ukraine crisis prompts jitters in European markets

By PAN PYLAS - AP - Thu Feb 27, 11:18AM CST
LONDON (AP) — An escalation in tensions in the Ukrainian region of Crimea rocked European markets Thursday before a calm open on Wall Street helped ease the nerves. (full story)

Oil prices stay above $102 on demand expectations

By PABLO GORONDI - AP - Thu Feb 27, 7:24AM CST
Oil prices eased slightly but held above $102 a barrel on Thursday as expectations for reduced demand due to warmer weather contrasted with a smaller-than-expected increase in U.S. oil supplies. (full story)

Bank of America faces new housing, forex probes

By STEVE ROTHWELL - AP - Tue Feb 25, 5:44PM CST
NEW YORK (AP) — Bank of America is facing new probes into its mortgage practices as well as its foreign exchange business. (full story)

No easy bailout plan for Ukraine

By DAVID McHUGH and JUERGEN BAETZ - AP - Tue Feb 25, 12:44PM CST
KIEV, Ukraine (AP) — Ukraine needs money, and fast — in weeks, not months. But bailing out the country of 46 million people will not be as easy as simply writing a big check. (full story)

Ukraine currency hits record low amid uncertainty

AP - Tue Feb 25, 11:26AM CST
KIEV, Ukraine (AP) — Ukraine's currency has tumbled to an all-time low against the dollar amid uncertainty over the country's political and financial future. (full story)

Global stocks sluggish as China, US in focus

By JOE McDONALD - AP - Tue Feb 25, 11:12AM CST
BEIJING (AP) — Global stocks were mostly lower Tuesday amid jitters about China's housing market and a surprise drop in a key measure of U.S. consumer confidence. (full story)
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