Central banking

Stock trader Frank Masiello works at the New York Stock Exchange, Tuesday, Feb. 4, 2020. Stocks are opening broadly higher on Wall Street, following gains overseas. (AP Photo/Mark Lennihan)
February 04, 2020 - 9:31 pm
TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak. Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX 200 added 0.3% to 6,967.20. South Korea's...
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A currency trader talks on the phone at the foreign exchange trading room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 4, 2020. Shares advanced in Asia on Tuesday, with the Shanghai Composite up 0.2% after a rebound on Wall Street overnight. (AP Photo/Ahn Young-joon)
February 04, 2020 - 12:57 am
BANGKOK (AP) — Shares are higher in Asia, with the Shanghai Composite up 1.3% as China's central bank stepped up its intervention by channeling another 400 billion yuan ($57 billion) in extra funds into the market. Markets were still far from giving the all-clear on the virus outbreak that has...
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A worker wearing a protective suit stands in front of an electronic display board in the lobby of the Shanghai Stock Exchange building in Shanghai, Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo)
The Associated Press
February 03, 2020 - 6:51 am
BANGKOK (AP) — China's main stock index tumbled nearly 8% Monday as the country's markets reopened and regulators sought to calm investors over the impact of a virus that has spread to more than 20 countries and killed more than 360 people. Other markets, including in Europe and Wall Street futures...
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German President Frank-Walter Steinmeier, left, and the former President of the European Central Bank (ECB), Mario Draghi, right, pose for the media at the Bellevue Palace in Berlin, Germany, Friday, Jan. 31, 2020. Mario Draghi has been awarded Germany's highest honor. It was a recognition of his central role in helping preserve Europe's single currency that has met with some criticism in the eurozone's biggest economy. (Britta Pedersen/dpa via AP)
January 31, 2020 - 7:18 am
BERLIN (AP) — Former European Central Bank chief Mario Draghi was awarded Germany's highest honor on Friday, a recognition of his central role in helping preserve Europe's single currency that has met with some criticism in the eurozone's biggest economy. Draghi was the ECB's president from 2011...
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A woman walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, 30, 2020. Shares have fallen sharply in Asia on Thursday as concern over the impact of the virus outbreak in China deepens. (AP Photo/Vincent Yu)
January 30, 2020 - 2:40 am
Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread. Taiwan's benchmark dived 5.8% as its market reopened after the Lunar New Year. Shares fell in most other markets,...
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Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Jan. 29, 2020. (AP Photo/Manuel Balce Ceneta)
January 29, 2020 - 5:04 pm
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 29, 2020. (AP Photo/Richard Drew, File)
January 29, 2020 - 12:50 pm
Stocks moved higher on Wall Street in afternoon trading Wednesday ahead of the Federal Reserve's latest interest rate policy update. The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year. Investors also continued to size up...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 29, 2020. Shares are mostly higher in Asia after a rebound on Wall Street that reversed most losses from a sell-off the day before. (AP Photo/Ahn Young-joon)
January 29, 2020 - 3:57 am
Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays, while other Chinese markets remained closed...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 4:16 pm
Stocks closed broadly higher on Wall Street Tuesday, reversing a big slice of the market’s losses from a sharp sell-off the day before. The rebound ended a five-day losing streak for the Dow Jones Industrial Average fueled largely by fears that the spread of a new virus in China could hamper global...
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President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)
January 23, 2020 - 10:00 am
FRANKFURT, Germany (AP) — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy in the 19 countries that use the euro currency. The review, the first since the global financial crisis, could include tweaking the bank's goal for inflation and finding...
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