economic growth

WASHINGTON | US home sales fell in September to slowest pace in 3 years

WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of 5.15 … Continue reading WASHINGTON | US home sales fell in September to slowest pace in 3 years

BEIJING | Asian stocks mixed after Wall Street skids, China slows

BEIJING — Asian stock markets were mixed Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo’s Nikkei 225 index fell 0.8 percent to 22,487.21 and India’s Sensex lost 1.3 percent to 34,338.69. Hong Kong’s Hang Seng picked up 0.5 percent to 25,571.54 and the … Continue reading BEIJING | Asian stocks mixed after Wall Street skids, China slows

BEIJING | Asian stocks tumble after Wall Street skids, China slows

BEIJING — Asian stock markets sank Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo’s Nikkei 225 index fell 1.1 percent to 22,411.33 and Seoul’s Kospi shed 0.3 percent to 2,141.06. The Shanghai Composite Index was flat at 2,485.99 and Hong Kong’s Hang Seng … Continue reading BEIJING | Asian stocks tumble after Wall Street skids, China slows

TOKYO | Asian stocks slip on continuing global trade worries

TOKYO— Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: Japan’s benchmark Nikkei 225 dipped 1.2 percent to 22,426.32, while Australia‘s S&P/ASX 200 slipped nearly 1.1 percent in early trading to 5,832.00. South Korea’s Kospi inched down 0.2 percent to 2,156.56. Hong Kong’s Hang Seng … Continue reading TOKYO | Asian stocks slip on continuing global trade worries

BERLIN | German government cuts growth forecast amid trade tensions

BERLIN — The German government has cut its forecast for the country’s economic growth this year to 1.8 percent from 2.3 percent, in part because of rising global trade tensions. The government also trimmed its 2019 outlook for Europe‘s biggest economy on Thursday, saying that it now expects 1.8 percent growth rather than the 2.1 … Continue reading BERLIN | German government cuts growth forecast amid trade tensions

SINGAPORE | Global markets tumble ahead of US data; tech stocks fall

SINGAPORE — European markets sank in early trading Thursday ahead of U.S. inflation data that may lift bond yields and possibly push interest rates higher. In Asia, losses on Wall Street overnight snowballed, triggering a slump in technology stocks. China’s benchmark hit a four-year low and Tokyo’s Nikkei 225 fell by an unusually wide margin … Continue reading SINGAPORE | Global markets tumble ahead of US data; tech stocks fall

SINGAPORE | Losses on Wall Street ripple through Asia; stocks slump

SINGAPORE — Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan’s benchmark fell by an unusually wide margin of 3.9 percent and China’s main index lost 4.3 percent. Markets in Hong Kong, South Korea, Australia and Southeast Asia recorded similar declines. Investors are … Continue reading SINGAPORE | Losses on Wall Street ripple through Asia; stocks slump

BEIJING | Global stocks decline on US interest rate concern

BEIJING  — Global stocks declined Monday on investor concerns about more possible U.S. interest rate hikes. KEEPING SCORE: Germany’s DAX fell 0.6 percent to 12,040.26 and France’s CAC 40 lost 0.6 percent to 5,325.91. London’s FTSE 100 retreated 0.3 percent to 7,298.96. On Friday, the DAX lost 1.1 percent, the CAC 40 dropped 1 percent … Continue reading BEIJING | Global stocks decline on US interest rate concern