Fed’s Powell sees steady growth, signals pause in rate cuts

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows s...

Taiwan's GDP expected to grow 2.45% in 2020: think tank

On the back of expectations of eased trade tension between the United States and China, Taiwan, an export- oriented economy, is likely to see its gross domestic product (GDP) growing 2.45 percent in 2...

Asia stocks mixed on possible US-China trade snag

BEIJING (AP) — Asian stock markets were mixed Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to lift punitive tariff...

Fed cuts rates for a 3rd time but signals it will now pause

WASHINGTON (AP) — The Federal Reserve cut short-term interest rates Wednesday for a third time this year to try to support the economy. But it signaled that it plans no further cuts unless it se...

Fed is expected to cut rates but may offer little guidance

WASHINGTON (AP) — The Federal Reserve is set to cut its benchmark interest rate Wednesday for a third time this year to help sustain the U.S. economic expansion in the face of widespread trade tension...

Asian stocks rise as China-US trade, Brexit fears recede

BEIJING (AP) — Asian stock markets followed Wall Street higher Monday as investors looked ahead to a crowded week of corporate earnings, a possible U.S. interest rate cut and other potentially market-...

Asian stocks rise as China-US trade, Brexit fears recede

BEIJING (AP) — Asian stock markets followed Wall Street higher Monday as investors looked ahead to a crowded week of corporate earnings, a possible U.S. interest rate cut and other potentially market-...

Zuckerberg appears in Congress as Facebook faces scrutiny

WASHINGTON (AP) — Facebook CEO Mark Zuckerberg is again appearing before Congress to face questions about his company's massive market power, privacy lapses and tolerance of speech deemed false or hat...

IMF downgrades outlook for world economy, citing trade wars

WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primari...

Fed chairman says goal is to keep economy in 'good place'

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the U.S. economy is facing some risks at the moment, but overall it is in a "good place" and the Fed's main job is to "keep it...

When the spin cycle is the status quo: 3Q fund review

NEW YORK (AP) — Investors should be used to all this dizziness — they're certainly getting enough practice. Investments around the world veered sharply up, down and back again last q...

Asian shares track Wall St losses on weak US factory data

BANGKOK (AP) — Asian shares followed U.S. stocks lower after a disappointing update on American manufacturing that stirred worries about the economic outlook. Japan's Nikkei 225 inde...

Asian shares gain, Australia cuts rate to record low 0.75%

BANGKOK (AP) — Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. The Reserve Bank of Australia followed the lead of the Federa...

Asian shares mixed following Fed's decision to cut rates

BANGKOK (AP) — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing g...

Asian shares mixed following Fed’s decision to cut rates

Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic ...