Economy

New York — U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6% in midday trading…
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Bangkok — Japan’s benchmark Nikkei 225 index soared more than 10% on Tuesday, rebounding after a rollercoaster start to the week that sent markets tumbling in Europe and on Wall Street. European markets were mostly lower, with Germany's DAX…
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Islamabad — Pakistan's military revealed Monday that millions of liters of Iranian oil are being smuggled into the country each day, but rejected long-standing allegations that it is also playing a role in the illegal trade. Lt. Gen. Ahmed…
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New York — Stock markets across the globe plunged Monday as investors sold stocks on worries that the U.S. economy, the world’s largest, might be slowing and possibly headed to a recession. In afternoon trading, all three major U.S. indexes…
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New York — Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 2.4% in midday trading and on…
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AMSTERDAM — Semiconductor industry group SEMI Europe called on the European Union on Monday to place as few restrictions as possible on outbound investment in foreign computer chip technology by companies based in the bloc. Proposals to…
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New York — Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S. growth. Alarming economic data in recent days have deepened those…
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New York — Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S. growth. Alarming economic data in recent days have deepened those…
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New York — U.S. stocks are tumbling Friday on worries about whether the U.S. economy can hold up amid the countdown for a cut to interest rates by the Federal Reserve, as a sell-off for stocks whips all the way around the world back to Wall…
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BANGKOK — China's powerful Politburo has endorsed the ruling Communist Party's long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote "survival of the fittest." A…
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