Economic Growth

September 08, 2019 - 11:19 pm
TOKYO (AP) — The Japanese government has revised economic growth data for the April-June quarter, saying the growth had been slightly weaker than initially estimated. The Cabinet Office reported Monday that real gross domestic product, or GDP — the total value of a nation's goods and services — had...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 08, 2019 - 11:17 pm
TOKYO (AP) — Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan's benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia's S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea's Kospi gained 0.6% to 2,...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. China's trade with the United States fell sharply in August as a tariff war that threatens global economic growth worsened. (AP Photo/Kin Cheung, File)
September 08, 2019 - 7:33 am
BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data...
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FILE - In this June 1, 2019, photo, file a man carries a paper bags containing toys purchased from the FAO Schwarz as people shop at the newly open FAO Schwarz toy store at the capital city's popular shopping mall in Beijing. Caught in the crossfire of a trade war, American businesses operating in the China say they’ve been hurt by the hostilities between the world’s two biggest economies and are facing increasingly unfair competition from Chinese firms. (AP Photo/Andy Wong, File)
September 05, 2019 - 12:03 pm
BEIJING (AP) — U.S. and Chinese envoys will meet in early October for more talks aimed at ending a tariff war that threatens global economic growth. Stock markets rose on Thursday's announcement but there has been no sign of progress since Presidents Donald Trump and Xi Jinping agreed in June to...
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In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, center, meets with political leaders with the aim of finding solutions to the country's economic crisis, in the presidential palace, in Baabda, east of Beirut, Lebanon, Monday, Sept. 2, 2019. Aoun said in a speech at the opening of the one-day session that everyone should make "sacrifices" in order to get one of the world's most indebted countries out of its problems. (Dalati Nohra via AP)
September 04, 2019 - 9:50 am
BEIRUT (AP) — An international ratings agency warned Wednesday there is a risk that customer deposit flows, particularly by nonresidents, could continue to decline in Lebanon, resulting in an accelerated drawdown of foreign currency reserves that would test the highly indebted country's ability to...
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FILE - In this June 12, 2019, file photo General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, Mich. On Tuesday, Sept. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for August. (Jake May/The Flint Journal via AP, File)
September 03, 2019 - 3:21 pm
WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, with manufacturing activity shrinking in August for the first time in three years. A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that...
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FILE - In this June 14, 2019, file photo a customer shows off his personalized Levi's tee shirt in the Levi's store, in New York's Times Square. The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth, consumer spending, remains vigorous enough to keep the economy growing steadily if still modestly. (AP Photo/Richard Drew, File)
August 29, 2019 - 2:46 pm
WASHINGTON (AP) — The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth — consumer spending — remains vigorous enough to keep the economy growing steadily if still modestly. Spending by households, which accounts for...
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FILE - In this Aug. 21, 2019, file photo specialist Anthony Matesic, center, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 28. (AP Photo/Richard Drew, File)
August 28, 2019 - 2:35 pm
Banks and energy companies helped power U.S. stocks broadly higher in afternoon trading Wednesday as the market clawed back some of its losses from a day earlier. Financial sector stocks accounted for much of the rally, which reversed an early slide. Big banks were among the sector's gainers. Wells...
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In this Jan. 6, 2011 file photo, a young woman stumbles as she tries to carry a large basket of coal as they illegally scavenge at an open-cast mine in the village of Bokapahari in the eastern Indian state of Jharkhand where a community of coal scavengers live and work. India has decided to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media and will also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. (AP Photo/Kevin Frayer, File)
August 28, 2019 - 12:34 pm
NEW DELHI (AP) — India decided Wednesday to liberalize foreign direct investment in domestic manufacturing, coal mining and digital media, and also allow single-brand retailers to start online sales to infuse capital into the country and boost its economy. Commerce and Industry Minister Piyush...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 26, 2019. Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what U.S. President Donald Trump might say next. (AP Photo/Ahn Young-joon)
August 26, 2019 - 7:39 am
TOKYO (AP) — Stock markets turned higher Monday after U.S. President Donald Trump claimed China was willing to reopen talks on the trade war that has been raging between the two countries and has wilted global economic growth. Uncertainty remained high, however, about the next developments in the...
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