Japanese economy sinks amid fears about coronavirus impact

The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending. The seasonally adjusted economic data released Monday by the Cab...

No 'Plan B' for Olympics; questions over Chinese presence

TOKYO (AP) — Tokyo Olympic organizers and the International Olympic Committee said Friday there is no “Plan B” for the 2020 Games, which open in just over five months and have been j...

US manufacturing output hit by Boeing troubles, slips 0.1%

WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft. The Federal Reserve said...

Massive stimulus of NT$60 billion in works for Taiwan post-coronavirus

In a bid to tackle the potential impact of the COVID-19 coronavirus outbreak on the domestic economy, the Executive Yuan announced Thursday a NT$60 billion (US$2 billion) bailout plan to help hard-hit...

Greek 10-year bond yield makes historic dip below 1%

Greece's 10-year government bond yield has fallen below 1% for the first time, bolstering the country's effort to ease strict budget conditions set by bailout lenders. The yield drop...

Asian shares rise despite continuing virus fears

TOKYO (AP) — Asian shares were higher Wednesday, although the outbreak of a new virus in the region continued to weigh on investor sentiments. Japan's Nikkei 225 rose 0.7% to finish ...

US survey finds smaller decline in medical bill worries

The proportion of people in families struggling to pay medical bills is down, but the number isn't dropping like it used to, according to a big government study. In a 2018 national ...

Business Highlights

—- Price worries remain after judge OKs T-Mobile's Sprint deal NEW YORK (AP) — A federal judge has cleared a major path for T-Mobile to buy Sprint for $26.5 billion...

Powell: Economy looks resilient despite risk of China virus

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the deadly virus in Chin...

Africa shouldn't need to beg for climate aid: Bank president

ADDIS ABABA, Ethiopia (AP) — Africa shouldn’t have to beg for help in addressing climate change, the president of the African Development Bank said Tuesday, adding that polluting global powers “have t...

Protests in Lebanon ahead of Cabinet vote of confidence

BEIRUT (AP) — Clashes broke out Tuesday between Lebanese protesters and security forces near the parliament building in central Beirut, where the new Cabinet is scheduled to submit its policy statemen...

Dave McCoy, who gave skiers Mammoth Mountain, dies at 104

BISHOP, Calif. (AP) — Dave McCoy, who transformed California's Mammoth Mountain from a remote Sierra peak into a downhill destination for skiers and snowboarders from around the world, has died at 104...

Taiwan exports down over 7% year-on-year in January due to holiday

Taiwan's exports fell more than 7 percent from a year earlier in January, stopping a two-month rising streak, as the country's outbound sales were affected by a reduced number of working days ...

Stocks slip on Wall Street, still on track for weekly gain

Stocks are getting off to a weak start on Wall Street, despite a strong jobs report. Thanks to rallies over the past few days, the market is still on pace for its best weekly gain since last June. Ube...

Ireland’s two-party system shaken by Sinn Fein surge

DUBLIN (AP) — Ireland's elections are usually two-horse races. But this time there's a third contender, as a party with historic links to the Irish Republican Army soars in the polls. ...