Banking and credit

A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 1, 2019. Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. (AP Photo/Koji Sasahara)
October 01, 2019 - 1:45 am
BANGKOK (AP) — World markets were mostly higher on Tuesday, with European benchmarks flat as British Prime Minister Boris Johnson readied a fresh plan for leaving the European Union. The FTSE 100 was almost unchanged at 7,407.39, while the CAC 40 in Paris also was steady, at 5,676.01. Germany's DAX...
Read More
FILE - In this Oct. 28, 2017, file photo a pedestrian crosses a downtown street at dusk in Lumberton, N.C. Small and mid-sized businesses are having a harder time getting credit and that’s having an impact on their plans to hire. Those are findings of a quarterly survey of small businesses released Monday by Pepperdine University’s Graziadio School of Business and Management and Dun & Bradstreet Corp. (AP Photo/David Goldman, File)
September 30, 2019 - 8:45 am
NEW YORK (AP) — Small and mid-sized businesses are having a harder time getting credit and that's having an impact on their plans to hire. Those are findings of a quarterly survey of small businesses released Monday by Pepperdine University's Graziadio School of Business and Management and Dun...
Read More
European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 6:07 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
Read More
September 25, 2019 - 4:00 pm
The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry. The bill, called the SAFE Banking Act, passed 321-103 on the strength of near-unanimous support from...
Read More
FILE - In this April 18, 2018, file photo, the World Bank CEO Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. Georgieva, a top official at the World Bank, was chosen by the IMF’s executive board on Wednesday to become the IMF’s managing director. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank. (AP Photo/Jose Luis Magana, File)
September 25, 2019 - 4:00 pm
WASHINGTON (AP) — A Bulgarian economist who grew up when her country was a communist nation has been selected to be the next leader of one of capitalism's premier institutions, the 189-nation International Monetary Fund. Kristalina Georgieva, a top World Bank official, was chosen by the IMF's...
Read More
Christine Lagarde, President-elect of the European Central Bank, speaks at the Bloomberg Global Business Forum, Wednesday, Sept. 25, 2019 in New York. (AP Photo/Mark Lennihan)
September 25, 2019 - 2:33 pm
FRANKFURT, Germany (AP) — A member of the European Central Bank's top leadership has resigned after publicly questioning the need for the bank's stimulus efforts, shaking up the institutions' top executive body amid public criticism of its policies by some of its own policymakers. Sabine...
Read More
September 24, 2019 - 6:06 am
JERUSALEM (AP) — Israel's central bank says it has granted a pair of high-profile entrepreneurs a license to open the country's first all-digital bank. The first new bank to be established in Israel in 40 years, it is the brainchild of tech executives Marius Nacht, who co-founded Check Point...
Read More
September 24, 2019 - 12:36 am
BEIJING (AP) — China's central bank governor says policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth. Yi Gang said Tuesday the People's Bank of China will avoid a "massive stimulus."...
Read More
September 23, 2019 - 1:23 pm
NEW YORK (AP) — An investment banker whose insider trading conviction was overturned by an appeals court was convicted again at a second trial Monday by a jury that reached a speedy verdict. The Yale-educated Sean Stewart, 38, of North Merrick, was convicted of charges including securities fraud...
Read More
European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 23, 2019 - 9:35 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank's latest package of stimulus measures. Mario Draghi said in remarks Monday before...
Read More

Pages