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News
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
3+ day, 20+ hour ago (242+ words) FRANKFURT – The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests businesses can weather the higher borrowing…...
China says it hopes to agree with US on tariff reductions at 'an early date"
3+ day, 22+ hour ago (408+ words) BEIJING – China and the U.S. hope to reach an agreement on lowering import taxes soon, a Chinese government spokesperson said Thursday, fueling expectations that an announcement could come when the leaders of the two countries meet in two weeks. Negotiators…...
Asian shares fall and oil prices hold steady above $100 a barrel
4+ day, 4+ hour ago (84+ words) KSAT Israeli strike in Gaza kills 4 including children and other Mideast developments Hong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union role One Tech Tip: New iPhones arrive, but you can keep your old phone…...
Asian shares are mixed as Brent crude approaches $100 a barrel
5+ day, 1+ hour ago (427+ words) TOKYO – Asian shares were mixed in cautious trading Wednesday as investors watched for what might happen on interest rates and the war with Iran pushed oil prices higher. Japan's benchmark Nikkei 225 lost 0.2% to 65,142.78, while South Korea's Kospi gained 1.4% to 7,051.64. In…...
Asian shares and US futures are mixed, while oil prices creep higher
6+ day, 2+ hour ago (78+ words) ksat.com Ancient Roman fresco and mosaic featuring maritime city unveiled at newly restored Baths of Trajan Mill Street Youth Center gives New Braunfels teens a safe place after school Home north of downtown sustains serious damage in overnight fire,…...
What to know about Canada’s new tariffs on the US amid trade war
5+ day, 21+ hour ago (1062+ words) By ROB GILLIES, Associated Press The outcome could resonate far beyond Canada, showing other governments whether a smaller U.S. ally can withstand Trump’s economic pressure. Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit…...
China's exports pick up in August, jumping 25% on strong demand for autos and high tech goods
6+ day, 4+ hour ago (295+ words) China has reported that its exports accelerated in August, jumping 25% from a year earlier on strong demand for autos and high-tech goods, its customs agency said Tuesday. Chinaâs exports accelerated in August, jumping 25% from a year earlier on strong…...
US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran
1+ week, 2+ day ago (269+ words) WASHINGTON – The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come…...
Asian benchmarks trade mixed following rally on Wall Street led by technology issues
1+ week, 3+ day ago (463+ words) TOKYO – Asian shares were trading mixed Friday, as market sentiment for some regional benchmarks got a boost from the tech-led rally on Wall Street. Japan's benchmark Nikkei 225 rose 1.3% to finish at 65,020.94. South Korea's Kospi gained 1.7% to 6,690.72. Australia's S&P/ASX…...
Brazil considers reciprocal measures after EU halts imports of Brazilian goods
1+ week, 3+ day ago (563+ words) SAO PAULO – Brazil's government and the country's exporters of meat, poultry, eggs, honey and other animal products scrambled Thursday after a European Union deadline expired, triggering a suspension of imports over concerns about the use of antibiotics and antimicrobial drugs…...