Economy

Japanese Foreign Minister Taro Kono speaks at the Japan-China high level economic dialogue with China's Foreign Minister Wang Yi at Diaoyutai State Guesthouse in Beijing, China, Sunday, April 14, 2019. Kono says China and Japan have the opportunity to “take charge of the economic field” during a time of worldwide uncertainty.(Jason Lee/Pool Photo via AP)
April 14, 2019 - 7:29 am
BEIJING (AP) — China and Japan have the opportunity to "take charge of the economic field" during a time of worldwide uncertainty, Japan's foreign minister said Sunday, as trade pressures from the United States have prompted both countries to seek alternative markets. Foreign Minister Taro Kono met...
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FILE - In this April 25, 2018, file photo, a visitor takes a closer look at the Sylphy Zero Emission during the start of the Auto China 2018 in Beijing, China. The 2019 Shanghai auto show highlights the global industry's race to transform electric cars into a profitable product Chinese drivers want to buy as Beijing winds down multibillion-dollar subsidies that made this country the biggest market for the technology. (AP Photo/Ng Han Guan, File)
April 13, 2019 - 10:17 pm
BEIJING (AP) — This year's Shanghai auto show highlights the global industry's race to make electric cars Chinese drivers want to buy as Beijing winds down subsidies that promoted sales. Communist leaders are shifting the burden to automakers by imposing mandatory sales targets for electrics,...
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International Monetary Fund (IMF) Managing Director Christine Lagarde speaks with Treasury Secretary Steven Mnuchin during the International Monetary Fund IMF Governors group photo at the World Bank/IMF Spring Meetings in Washington, Saturday, April 13, 2019. (AP Photo/Jose Luis Magana)
April 13, 2019 - 9:44 pm
WASHINGTON (AP) — Global finance officials are pledging closer cooperation in efforts to lift the world economy out of its current slowdown, but tensions persist between the United States and other nations over trade and other issues. Officials wrapped up the spring meetings of the 189-nation...
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U.S. Secretary of State Mike Pompeo, right, listens to Paraguay's President Mario Abdo Benitez, during official meeting at "Palacio de Lopez", in Asuncion, Paraguay, Saturday, April 13, 2019. Pompeo is in the second of four countries' tour that includes Chile, Peru and Colombia to address, mainly, the crisis in Venezuela. On the wall is a paint of National Hero Marshal Francisco Solano Lopez. (AP Photo/Jorge Saenz)
April 13, 2019 - 12:18 pm
ASUNCION, Paraguay (AP) — U.S. Secretary of State Mike Pompeo called Venezuelan President Nicolás Maduro on Saturday a "tyrant" who has caused the ruin of the South American country and its people. Pompeo made the comment during a four-day Latin American tour that brought him to the Paraguayan...
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April 12, 2019 - 5:08 pm
MEXICO CITY (AP) — Mexico's lower house of Congress has approved a labor law reform aimed at ensuring workers can freely vote for their union representation and contracts. The changes are needed to win approval of the new U.S.-Mexico-Canada trade agreement, which was negotiated to replace the old...
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Japan's Finance Minister Taro Aso, speaks during a G20 news conference, at the World Bank/IMF Spring Meetings in Washington, Friday, April 12, 2019. (AP Photo/Jose Luis Magana)
April 12, 2019 - 12:58 pm
WASHINGTON (AP) — Finance officials from the world's major powers acknowledged Friday that the global economy is in a slowdown, but they forecast that growth will pick up by the second half of this year, thanks to interest-rate policies from the Federal Reserve and other central banks. Officials of...
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President Donald Trump meets with South Korean President Moon Jae-in in the Oval Office of the White House, Thursday, April 11, 2019, in Washington. (AP Photo/Evan Vucci)
April 12, 2019 - 5:02 am
WASHINGTON (AP) — President Donald Trump says the U.S. wants to keep economic sanctions in place to pressure North Korea to give up nuclear weapons, but isn't ruling out a third summit with Kim Jong Un or taking steps to ease food or other shortages in the repressive nation. "We want sanctions to...
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Croatia's Prime Minister Andrej Plenkovic, right, and his Chinese counterpart Li Keqiang attend the beginning of the Summit of Central and Eastern Europe and China in Dubrovnik, Croatia, Friday, April 12, 2019. EU member Croatia is hosting a two-day summit between China and 16 regional countries on expanding business between China and the region, which is dubbed 16+1. (AP Photo/Darko Bandic)
April 12, 2019 - 2:39 am
DUBROVNIK, Croatia (AP) — China's prime minister has promised that Beijing will respect European standards and fair trade, seeking to allay concerns that it's flouting EU competition rules with huge investments on the continent. Opening an annual summit of Eastern and Central European nations and...
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In this Feb. 19, 2019, photo, people talk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian stock markets were mostly higher Friday, April 12, 2019, after a mixed Wall Street close on listless trading.(AP Photo/Eugene Hoshiko)
April 12, 2019 - 2:09 am
BEIJING (AP) — Global stock prices rose Friday after China reported unexpectedly strong March exports despite tariff war with Washington. Market benchmarks in London, Frankfurt, Tokyo and Hong Kong all advanced. China reported exports rose 14.2% over a year earlier, rebounding from March's 20.8%...
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In this April 1, 2019, photo, tugboats move a container ship at a port in Qingdao in eastern China's Shandong Province. Data released Friday, April 12, 2019, shows that China's exports rebounded from a contraction in March and sales to the United States grew strongly despite President Donald Trump's tariff hikes.(Chinatopix via AP)
April 12, 2019 - 1:37 am
BEIJING (AP) — China's exports rebounded from a slump in March and sales to the United States rose strongly despite President Donald Trump's tariff hikes. Exports rose 14.2% over a year ago to $198.7 billion, a spokesman for the customs agency said Friday, recovering from February's 20.8%...
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