India projects rosy economic growth next year after slump
NEW DELHI — India’s government projects the economy will grow up to 6.5% in the next fiscal year, starting in April, and hopes to follow China's examp...
Companies with China ties start to feel virus impact
NEW YORK — The dangerous virus spreading through China threatens a wide range of industries with ties to the world’s second largest economy.
US economy grew modestly last quarter against a hazy outlook
WASHINGTON — The U.S. economy expanded at a moderate 2.1% annual rate in the final three months of 2019, capping a year when a weak global landscape a...
UK rates held as Brexit clarity shores up economic surveys
LONDON — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britai...
Fed chair sees China virus as possible risk to world economy
WASHINGTON — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the vi...
Budget deficit to break $1 trillion despite strong economy
WASHINGTON — An annual congressional report says the U.S. budget deficit is likely to burst through the symbolic $1 trillion barrier this year despite...
Fed seems content with low rates but confronts challenges
WASHINGTON — For the first time in years, Federal Reserve officials will hold their latest policy meeting this week feeling broadly satisfied with whe...
Trump ups mileage proposal, but it’s well below Obama plan
WASHINGTON — The Trump administration is making a concession on its proposed minimum fuel economy requirement for new vehicles, but environmental grou...
Stocks rise as virus in China not declared global emergency
BANGKOK — Global stock markets rose Friday after the outbreak of a new virus in China that that has killed 25 people and led to transport limits in se...
Easing trade tensions bode well for emerging market stocks
LOS ANGELES — Several factors are pointing to a possible rebound in emerging market stocks this year.
European Central Bank holds rates, launches policy review
FRANKFURT, Germany — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy for 342 million people in the...
Holding court in Davos, Trump distracted by impeachment
DAVOS, Switzerland — President Donald Trump held court in the snow-capped Alps for two days, showcasing the American economy to world leaders and glob...
China virus outbreak may wallop economy, financial markets
BANGKOK — News that a new virus that has afflicted hundreds of people in central China can spread between humans has rattled financial markets and rai...
IMF downgrade of growth outlook ups pressure on India’s Modi
NEW DELHI — A decision by the International Monetary Fund to downgrade its economic growth forecast for India is adding to pressure on Indian Prime Mi...
France’s Macron tells global CEOs: we’re open for business
PARIS — France's president is taking on the role of salesman in chief for his strike-battered country.
IMF: Low rates and reduced trade tension to aid world growth
WASHINGTON — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if mode...
AP FACT CHECK: Trump’s compulsive claims of ‘biggest’ ever
WASHINGTON — Size matters to President Donald Trump. So much that he exaggerates continually, sometimes spectacularly, the size of what he does.
‘Days of God’: A look at Iran’s mounting crises
DUBAI, United Arab Emirates — Iran's supreme leader says his nation is living through “days of God.”
Chinese president heads to Myanmar for crucial state visit
NAYPYITAW, Myanmar — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilater...
Confident consumers lift US retail sales in December
WASHINGTON — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a slugg...
Hong Kong leader says special status can endure beyond 2047
HONG KONG — Hong Kong’s leader Carrie Lam says the ''one country, two systems'' framework under which the city enjoys freedoms unknown in China could ...
Emphasis on US exports, trade secrets in China trade deal
WASHINGTON — The United States and China reached a trade deal Wednesday that eases tensions between the world’s two biggest economies, offers massive ...
Protests take toll on Hong Kong tourism
HONG KONG — Visitor numbers to Hong Kong fell by nearly 40% in the second half of last year amid clashes between police and anti-government protesters...
US-China pact signing to ease tension but leaves much undone
WASHINGTON — After 18 months of economic combat, the United States and China are set to take a step toward peace Wednesday. At least for now.
Banks post big profits, but lower interest rates are a worry
NEW YORK — So far, it appears 2019 was another record year for Wall Street.
Holiday travelers push Delta to $1.1 billion 4Q profit
Delta Air Lines boosted its fourth quarter profit to $1.1 billion by adding more flights over the holiday-packed period and packing them even more ful...
US stocks pull back from records following jobs report
NEW YORK — U.S. stocks fell from their record heights on Friday after a report showed hiring was a touch weaker than expected last month.
2020 hopeful Bloomberg unveils rough sketch of economic plan
NEW YORK — Democratic presidential candidate Michael Bloomberg is unveiling a rough sketch of his plans to create millions of new jobs focused largely...
Moon renews invitation for Kim to visit South Korea
SEOUL, South Korea — South Korean President Moon Jae-in on Tuesday said he hopes to see North Korean leader Kim Jong Un fulfill a promise to visit the...