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SOUTH KOREA: WON FALLS 10 PERCENT 1 DAY AFTER BAILOUT PACKAGE
Eng/Kor/Nat
South Korea's currency fell 10 percent in early trading on Thursday - one day after the country unveiled an emergency bailout package for the ailing won.
The Seoul government had hoped the new measures would restore the...
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Nigeria's currency plummets as naira floated
Nigeria's currency plummeted on Monday, losing more than 40 percent of its value as the government floated the naira for the first time in the history of the oil-producing nation.The move was forced by a spiralling economic crisis and...
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Fed Leaves Rates Unchanged; No Hint of Next Hike
FOR CLEAN VERSION SEE STORY NUMBER: apus057607The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market and offering no hints of when its next rate hike might occur.The Fed noted in a statement Wednesday...
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Chancellor: will do whatever it takes to protect economy
British Chancellor Phillip Hammond told a Conservative Party conference on Monday that the government is "ready to take whatever steps are necessary to protect this economy from turbulence" during Brexit negotiations.Hammond said the...
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Asian stocks tumbled in trading on Friday after word of the collapse of a bailout bill for Detroit's ailing automakers. Stocks in Japan fell more than five percent, while stocks in Hong Kong sank nearly seven percent.
HEADLINE: Asian markets tumble after auto bailout collapse
CAPTION: Asian stocks tumbled in trading on Friday after word of the collapse of a bailout bill for Detroit's ailing automakers. Stocks in Japan fell more than five percent,...
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The House derailed a high-profile trade bill on Friday in a humiliating defeat for President Barack Obama inflicted by Democratic Leader Nancy Pelosi and dozens of union-backed lawmakers from his own party. (June 12)
The House derailed a high-profile trade bill on Friday in a humiliating defeat for President Barack Obama inflicted by Democratic Leader Nancy Pelosi and dozens of union-backed lawmakers from his own party.The 302-126 vote left the...
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Clinton Rolls Out Child Care Proposals in Ky
Hillary Clinton is rolling out proposals to curb the cost of child care for working parents.Clinton's campaign discussed her child care proposals during a stop at a family health center in Louisville, Kentucky, on Tuesday. She aims to...
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Global Finance Talks Wind Down in DC
Finance ministers and central bankers posed for a group photo as global finance talks in Washington were winding down Saturday. Officials from the G-20 are pledging to pursue policies that will bolster growth and further stabilize...
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Raw: Global Finance Talks Wind Down in DC
FOR CLEAN VERSION SEE STORY NUMBER: apus053381Finance ministers and central bankers posed for a group photo as global finance talks in Washington were winding down Saturday. Officials from the G-20 are pledging to pursue policies that...
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Rep. Ryan Says Trump's Right on Trade Agreements
RESTRICTION SUMMARY: AP CLIENTS ONLYSHOTLIST:AP TELEVISION – AP CLIENTS ONLYRacine, Wisconsin – August 8, 20161. Various of Ryan walking into cafeteria at A&E Tools in Racine2. Wide of room3. SOUNDBITE (English) Rep. Paul Ryan,...
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Yellen repeats warning on Brexit repercussions
Appearing on Capitol HIll for a second day, the chair of the US Federal Reserve again said that the upcoming vote in Britain over leaving the European Union "could have significant economic repercussions." Yellen told a US House...
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Treasury secretary pitches trade pact in Mexico
RESTRICTION SUMMARY:SHOTLIST:AP TELEVISION – AP CLIENTS ONLYMexico City – 29 September 20161. Various of Mexican Treasury Secretary Jose Antonio Meade (man on left with blue tie) and U.S. Treasury Secretary Jacob Lew (on right,...
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National Centre for Human Rights' annual report
LEAD IN:Jordan's National Center for Human Rights released their 12th annual report on Monday. The report focused on violations against freedom of expression, the absence of human rights in the Kingdom's general policies, and calling on...
Bloomberg
Treasury Pick Mnuchin Faces Heat at Senate Hearing
Jan.19 -- Bloomberg’s Kevin Cirilli reports on the Senate confirmation hearing for Steven Mnuchin, President-elect Donald Trump's nominee for Treasury secretary. He speaks on “Bloomberg Markets.â€
Bloomberg
BlackRock's Moore Sees Markets at Mercy of Tax Reform
Feb.22 -- Kate Moore, chief equity strategist at BlackRock, discusses how markets may be impacted by expectations for U.S. tax reform and fiscal spending. She speaks on "Bloomberg Daybreak: Americas."
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White House says some countries may get tariff exemptions
The White House says Mexico, Canada, and other countries may be exempted from President Donald Trump's steel and aluminum tariffs under national security "carve-outs."
Press secretary Sarah Huckabee Sanders tells reporters...
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White House economic advisor says trade tensions are 'like a family quarrel'
Top White House economic advisor Larry Kudlow downplayed trade tensions between the U.S. and key allies ahead of the G-7 Summit in Canada, saying it's "much like a family quarrel." Kudlow says he's an optimist and thinks it can be...
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Kudlow: New Momentum in Trade Talks with China
The Trump administration on Monday hailed progress on talks with China over unfair trade practices.
After high-level talks Thursday and Friday in Washington, Beijing agreed in a joint statement with the U.S. to...
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Trump Touts Tax Plan as 'Middle Class Bill'
President Donald Trump pitched his tax plan as a boost for truckers and the middle class at an event Wednesday in Pennsylvania, saying, "We want lower taxes, bigger paychecks and more jobs for American truckers and American workers."
...
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US Republican senator expresses concern over China trade tariffs
Republican Senator Mike Rounds of South Dakota says he is concerned that trading tariffs against China will not be effective if they are imposed without coordination with U.S. allies and trading partners.
Rounds spoke to...
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Conway defends Mexico tariffs, comments on Mueller
White House counselor Kellyanne Conway is defending President Donald Trumps use of tariffs against Mexico, says it's not a distraction from other issues.
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Conway defends Mexico tariffs, says not a ploy
White House counselor Kellyanne Conway is defending President Donald Trumps use of tariffs against Mexico, says it's not a distraction from other issues.
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Car industry executives worried about Brexit
LEADIN
Brexit is a key concern for many of the big car makers at the IAA motor show in Frankfurt.
Many auto executives are asking for more clarity on the negotiations and are seeking a commitment to free...
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Trump touts tax plan as middle class bill
US President Donald Trump pitched his tax plan as a boost for truckers and the middle class at an event Wednesday in Pennsylvania, saying, "we want lower taxes, bigger paycheques and more jobs for American truckers and American...