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Economic stimulus

Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 6:46 am

China's economic activity weakens amid tariff war

BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 2:30 am

China's economic activity weakens amid tariff war

BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing will needs to boost stimulus spending and bank...
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A woman walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Friday, April 26, 2019. Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial companies. (AP Photo/Vincent Yu)
April 26, 2019 - 4:30 am

Asian shares fall on China stimulus worries, patchy earnings

BANGKOK (AP) — Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and some other industrial companies. Concern that China may temper its economic stimulus pulled the Shanghai benchmark down 1.2% to 3,086.40...
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President of European Central Bank Mario Draghi speaks during a press conference following the Governing Council meeting in Frankfurt, Germany, Wednesday, April 10, 2019. (AP Photo/Michael Probst)
April 10, 2019 - 10:42 am

Europe hurt by US trade threats, central bank says

FRANKFURT, Germany (AP) — The head of the European Central Bank warned that global friction over trade — such as U.S. threats to impose more tariffs — is holding back the economy and underlined the bank's readiness to deploy more stimulus if needed. Mario Draghi said Wednesday that an improving...
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President of European Central Bank Mario Draghi speaks during a press conference following the Governing Council meeting in Frankfurt, Germany, Wednesday, April 10, 2019. (AP Photo/Michael Probst)
April 10, 2019 - 10:37 am

Europe hurt by US trade threats, central bank says

FRANKFURT, Germany (AP) — The head of the European Central Bank warned that global trade conflicts such as U.S. threats to impose more tariffs are holding back the economy and underlined the bank's readiness to deploy more stimulus if needed. Mario Draghi said Wednesday that an improving jobs...
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The European Central Bank, left, and other banks and office buildings are seen in Frankfurt, Germany, before sunrise on Friday, March 29, 2019. (AP Photo/Michael Probst)
April 10, 2019 - 8:20 am

European Central Bank holds rates as uncertainties grow

FRANKFURT, Germany (AP) — The European Central Bank has left its policy promises and interest rates unchanged as it weighs looming risks to the economy from Brexit and trade disputes. The bank, the chief monetary authority for the 19 European Union countries that use the euro as their currency, is...
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Chinese President Xi Jinping and Chinese Premier Li Keqiang arrive for the closing session of the National People's Congress in Beijing's Great hall of the People on Friday, March 15, 2019. (AP Photo/Ng Han Guan)
March 15, 2019 - 1:42 am

China's premier denies Beijing tells companies to spy

BEIJING (AP) — China's premier denied Beijing tells its tech companies to spy abroad and promised Friday to treat foreign and domestic competitors equally, seeking to defuse tensions with Washington and Europe over technology, market access and other irritants. Premier Li Keqiang's rejection of...
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A man walk past a Reserve Bank of India logo at their head office in Mumbai, India, Thursday, Feb. 7, 2019. India's central bank has lowered its key interest rate by a quarter of a percentage point to 6.25 percent, a step that is expected to boost the economy. (AP Photo/Rajanish Kakade)
February 07, 2019 - 3:20 am

India's central bank lowers key lending rate to 6.25 percent

NEW DELHI (AP) — India's central bank on Thursday lowered its key interest rate by a quarter of a percentage point to 6.25 percent, a step that is expected to boost the economy. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates help borrowers...
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February 07, 2019 - 2:24 am

India's central bank lowers key lending rate to 6.25 percent

NEW DELHI (AP) — India's central bank has lowered its key interest rate by a quarter of a percentage point to 6.25 percent, a step that is expected to boost the economy. The interest rate is what the federal bank charges on lending to commercial banks. Lower interest rates help borrowers but can...
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Antonio Guterres, Secretary-General of United Nations addresses the annual meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 24, 2019. (AP Photo/Markus Schreiber)
January 24, 2019 - 3:41 pm

The Latest: Soros warns on China, urges US take tough line

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 9:25 p.m. Billionaire philanthropist George Soros says he thinks Chinese President Xi Jinping is "the most dangerous opponent of open societies." Soros said Thursday during a speech on the...
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