Asia stocks find footing as China markets recoup some losses

Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although sentiment remained fragile with oil near…

February 4, 2020

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Asian shares drop, commodities sink on virus fears after Lunar New Year break

Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the coronavirus epidemic will…

February 3, 2020

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Asia shares try to rally after gut-wrenching week

Asian share markets were fighting to stabilize at the end of a punishing week as investors clutched at hopes China could contain the coronavirus, even as headlines spoke…

January 31, 2020

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Fed keeps rates steady, to tailor Treasury bill purchases later this year

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing to continued…

January 30, 2020

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U.S. budget deficit to top $1 trillion in 2020 despite strong economy, CBO says

The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but the federal budget deficit will hit…

January 29, 2020

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Stocks crumble as deadly coronavirus spreads, safe havens in demand

Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat the coronavirus, while bonds found favor on expectations central banks would need…

January 28, 2020

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How coronavirus is beginning to hit China’s economy

BEIJING — Preliminary data show the scale at which the coronavirus outbreak is affecting the Chinese economy. At a special press conference on Sunday, Chinese officials indicated the disease will…

January 27, 2020

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Euro near seven-week low after ECB; virus fears support yen

The euro hovered near a seven-week low against the dollar on Friday after the European Central Bank was seen as more dovish than expected, while anxiety over China’s…

January 24, 2020

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Japan exports shrink for 13th month in further blow to economy

Japan’s exports fell for a 13th straight month in December, hurt by U.S.-bound shipments of cars, construction and mining machinery, suggesting weak external demand is likely to remain…

January 23, 2020

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