- Group of 7 seeks way forward for aging, faltering economies Updated: May-25-16 5:32 am
ISE, Japan - Leaders of the Group of Seven rich nations plan to voice unity over fighting terrorism, pandemics and tax evasion at their summit in Japan this week. Finding a consensus on how to breathe life into their sluggish economies is proving more elusive.
- Former Czech prime minister appointed central bank governor Updated: May-25-16 5:28 am
PRAGUE - Czech President Milos Zeman has appointed his ally and former Prime Minister Jiri Rusnok to be governor of the central bank.
- Asian stock markets rally on US recovery hopes Updated: May-24-16 11:32 pm
SEOUL, South Korea - Asian stock markets rallied Wednesday as solid U.S. housing sales data and overnight gains on Wall Street raised expectations for a strong recovery in the world's largest economy.
- British pound up as markets see lower risk of EU exit Updated: May-24-16 7:41 am
LONDON - The British pound posted strong gains Tuesday as market expectations waned somewhat of a British exit from the European Union, so-called Brexit.
- G7 takes aim at terrorist financing; rifts on policy remain Updated: May-21-16 7:38 am
AKIU, Japan - The Group of Seven major economies showed a united front on fighting terrorist financing and tax evasion in talks that ended Saturday, but shied away from coordinated action on policies to revive stalling growth.
- Divide over fiscal policies, currencies at G-7 in Japan Updated: May-20-16 12:49 am
SENDAI, Japan - Japan faces a challenge in bridging a widening divide over how to revitalize sluggish growth at a meeting Friday of finance ministers and central bank governors of the Group of Seven industrial nations.
- EU credit ratings could be cut if UK leaves, Fitch warns Updated: May-16-16 7:19 am
LONDON - A leading credit ratings agency warned Monday that a British exit from the European Union could eventually lead it to downgrade the ratings of EU countries as well as Britain.
- Asian stocks up despite disappointing China factory data Updated: May-15-16 11:53 pm
BEIJING - Asian stock markets rose Monday despite disappointing Chinese factory data and last week's Wall Street decline.
- British exit risk casts shadow over EU's economic hopes Updated: May-10-16 12:03 pm
LONDON - Half a century ago, French President Charles de Gaulle twice vetoed Britain from joining what was then the European Economic Community, warning that the country's "fundamental hostility" to economic integration could sabotage the bloc.
- The Latest: Duterte leads unofficial Philippine vote count Updated: May-09-16 2:48 pm
MANILA, Philippines - The latest on the presidential election in the Philippines, where Rodrigo Duterte, the mayor of the southern city of Davao, led pre-election polls, promising to wipe out crime and corruption if he wins (all times local):
- Insider Q&A: Keeping an eye on the Fed Updated: May-08-16 1:21 pm
WASHINGTON - The Federal Reserve chose recently not to raise the benchmark interest rate and made it clear it isn't in a big hurry to make the next move higher. After the global economy shuddered earlier this year and U.S. economic growth weakened, the Fed has slowed the march toward higher rates that it signaled in December.
- NY approves new virtual currency exchange Updated: May-05-16 5:32 pm
ALBANY, New York - New York state has approved regulations allowing a new virtual currency called Ether.
- Canadian dollar rises above 80 cent US mark Updated: Apr-29-16 12:43 pm
TORONTO - The Canadian dollar has hit the 80 cent U.S. mark for the first time since last summer, trading at its strongest level since last June.
- While leaving US rates unchanged, Fed keeps an eye overseas Updated: Apr-28-16 1:03 am
WASHINGTON - When the Federal Reserve chose not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. That stance puts it at odds with other major central banks, which are doing the reverse - seeking to ease credit to spur lending.
- Japan's central bank leaves monetary policy mostly unchanged Updated: Apr-27-16 11:35 pm
TOKYO - Japan's central bank left its unprecedented monetary stimulus mostly unchanged in a policy meeting Thursday, defying speculation it would open the taps further to boost growth.