Asian markets retreated Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on Monday.
Jill Colvin and Lisa Mascaro, Associated Press | PostedJan 21st - 10:24pm
Senate Republicans have released a measure designed around President Donald Trump's proposal for breaking a budget impasse, its centerpiece his demand for $5.7 billion to build a southern border wall all but guaranteeing Democratic opposition and no foreseeable end to a partial government shutdown.
Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on Monday.
A Tokyo court has rejected former Nissan chairman Carlos Ghosn's latest request for bail, more than two months after his arrest, prolonging a detention that has drawn international scrutiny of Japan's justice system.
Edith M. Lederer, Associated Press | PostedJan 21st - 1:17pm
The global economy will grow around 3 percent annually in 2019 and 2020, but waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects, the United Nations said Monday.
Jill Colvin and Lisa Mascaro, Associated Press | PostedJan 21st - 11:02am
President Donald Trump's proposal to break through the budget deadlock appeared to be gaining little traction Monday, as another missed paycheck loomed for hundreds of thousands of workers and the partial federal shutdown stretched into its fifth week.
Jamey Keaten and Ivana Bzganovic, Associated Press | PostedJan 21st - 10:49am
A survey of hundreds of corporate leaders shows "a record jump in pessimism" about the world economy, with sentiment doused by trade spats, a global downturn and fading benefits from U.S. President Donald Trump's tax cuts.
The leaders of France and Germany are preparing to sign a treaty Tuesday that will deepen the alliance between their countries in Europe and internationally. One provision says the governments in both nations will work to get Germany accepted as a permanent member of the U.N. Security Council, where it now is one of 10 non-permanent members.