Indonesia

JAKARTA, Indonesia | Saudi foreign minister promises truth from Khashoggi probe

JAKARTA, Indonesia— Saudi Arabia’s foreign minister says the investigation into the killing of journalist Jamal Khashoggi will produce the truth about what happened. He also pledged that mechanisms will be put in place so that “something like this can never happen again.” Adel al-Jubeir spoke on Tuesday in Indonesia, just hours before Turkey’s president was … Continue reading JAKARTA, Indonesia | Saudi foreign minister promises truth from Khashoggi probe

Health care companies, banks help pull US stocks lower

U.S. stocks veered broadly lower in early trading Monday as losses in health care companies and banks outweighed gains elsewhere. Energy companies declined along with the price of crude oil. Toy makers slumped after Hasbro reported quarterly results that fell well short of Wall Street’s expectations. KEEPING SCORE: The S&P 500 index fell 12 points, … Continue reading Health care companies, banks help pull US stocks lower

SINGAPORE | Asian stocks gain after Chinese assurances over slowdown

SINGAPORE  — Asian markets were mostly higher Monday as Chinese benchmarks rallied after officials put a positive spin on the country’s slowing economy. KEEPING SCORE: The Shanghai Composite index jumped 4.2 percent to 2,656.87 and the Hang Seng in Hong Kong surged 2.4 percent to 267,178.16. Japan‘s Nikkei 225 index reversed early losses, gaining 0.6 … Continue reading SINGAPORE | Asian stocks gain after Chinese assurances over slowdown

SINGAPORE | World shares mostly higher before EU meets to discuss Brexit

SINGAPORE— Share prices in Europe and Asia were mostly higher on Wednesday before a European Union meeting seeking to resolve an impasse over an exit deal for Britain’s departure from the bloc. KEEPING SCORE: France’s CAC 40 added 0.2 percent to 5,183.04 and Britain’s FTSE 100 rose 0.3 percent to 7,078.53. Germany’s DAX shed 0.3 … Continue reading SINGAPORE | World shares mostly higher before EU meets to discuss Brexit

ISTANBUL | The Latest: IMF’s chief Lagarde defers Mideast trip

ISTANBUL — The latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local): 6:30 a.m. The International Monetary Fund says its managing director Christine Lagarde is deferring her trip to the Middle East. A brief statement by an unnamed IMF spokesman Wednesday … Continue reading ISTANBUL | The Latest: IMF’s chief Lagarde defers Mideast trip

NUSA DUA, Indonesia | IMF-World Bank ends meetings with call to brace for risks

NUSA DUA, Indonesia — Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging countries to brace for potential risks from trade disputes and other tensions. The meetings in Bali, Indonesia, this week were overshadowed by a spate of financial market turmoil and by the … Continue reading NUSA DUA, Indonesia | IMF-World Bank ends meetings with call to brace for risks

BEIJING | Prospect of Trump-Xi talks raises hope for thaw in trade war

BEIJING — With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world’s two largest economies. Worries about the increased tariffs the two sides have imposed on each other’s … Continue reading BEIJING | Prospect of Trump-Xi talks raises hope for thaw in trade war

NUSA DUA, Indonesia | As markets swoon, finance chiefs urge US, China to cool it

NUSA DUA, Indonesia  — The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling share prices drove home potential perils from a clash between the world’s two biggest economies. Global economic growth is slowing but … Continue reading NUSA DUA, Indonesia | As markets swoon, finance chiefs urge US, China to cool it