Banking and credit

March 21, 2019 - 8:57 am
PORT-AU-PRINCE, Haiti (AP) — An American security contractor at the center of a mysterious case roiling Haitian politics says that he and a group of fellow veterans were sent to Haiti on a mission to protect a businessman signing a more than $50 million contract at the country's central bank. Chris...
Read More
FILE - In this Tuesday March 12, 2019 file photo, lorries queue at the entrance to the Port of Dover ferry terminal during delays to the cross Channel ferry, in Dover, England. Britain unveiled a temporary tariff regime on Wednesday, March 13 that could boost the price of imports ranging from cars to butter if the U.K. leaves the European Union without an agreement on future trade, triggering fury among business leaders who weren't consulted on the proposals. The tariffs, which would last for up to 12 months, were published hours before lawmakers are scheduled to vote on whether to prevent the country from leaving the EU without a deal. (Gareth Fuller/PA via AP, file)
March 21, 2019 - 5:54 am
LONDON (AP) — U.K. companies have ratcheted up their preparations for a disorderly "no-deal" Brexit over the past couple of months, the Bank of England said Thursday. As well as opting to keep the bank's main interest rate on hold at 0.75 percent, the nine-member Monetary Policy Committee voiced...
Read More
A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 21, 2019 - 5:46 am
BANGKOK (AP) — Shares were mostly lower in Europe on Thursday and headed for a lower open on Wall Street amid Brexit uncertainties and after the Federal Reserve promised not to raise interest rates this year. Britain's FTSE 100 added 0.3 percent to 7,311, while the DAX in Germany lost 0.9 percent...
Read More
A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 20, 2019 - 10:48 pm
BANGKOK (AP) — Shares in Asia were mostly higher on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index advanced 0.6 percent to 3,109.48 while Hong Kong's Hang Seng gained 0.2 percent to 29,365.55. South Korea's Kospi climbed...
Read More
FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 1:06 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
Read More
FILE- In this Jan. 30, 2019, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. The Fed has made clear that with a dimmer economic picture in both the United States and globally, it no longer sees the need to keep raising rates as it did four times in 2018. (AP Photo/Alex Brandon, File)
March 20, 2019 - 11:02 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): ___ 2 p.m. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. The Fed...
Read More
FILE- In this March 13, 2019, file photo Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, March 19. (AP Photo/Richard Drew, File)
March 19, 2019 - 2:03 pm
U.S. stock indexes closed mostly lower Tuesday after a late-afternoon splash of selling erased early gains, ending a weeklong rally. Banks accounted for much of the decline, along with utilities and industrial companies. Those losses offset gains in health care, technology and consumer products...
Read More
An investor plays a mobile chess game while watching stock prices at a brokerage in Beijing, China, Tuesday, March 19, 2019. Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. (AP Photo/Ng Han Guan)
March 19, 2019 - 12:35 am
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost nearly 0.1 percent to 21,566.85. Australia's S&P/ASX 200 edged 0.1 percent lower to 6,184.80 and South Korea's Kospi inched...
Read More
An investor plays a mobile chess game while watching stock prices at a brokerage in Beijing, China, Tuesday, March 19, 2019. Asian shares are mixed in muted trading as investors await the U.S. Federal Reserve meeting later in the week. (AP Photo/Ng Han Guan)
March 18, 2019 - 8:54 pm
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost 0.3 percent to 21,528.23 in early trading. Australia's S&P/ASX 200 edged down 0.1 percent to 6,182.10. South Korea's Kospi...
Read More
File-Picture taken March 11, 2019 shows the head offices of Deutsche Bank, left, and Commerzbank, right. (Arne Dedert/dpa via AP)
March 17, 2019 - 6:11 am
BERLIN (AP) — Germany's biggest bank, Deutsche Bank, and domestic rival Commerzbank have decided to open talks on a possible merger, the lenders said Sunday in an announcement that followed months of speculation about a combination. Commerzbank said in a one-sentence statement that the banks "have...
Read More

Pages