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Driverless trucks move shipping containers at an automated port in Tianjin, China, Monday, Jan. 16, 2023. China's exports fell 7.5% from a year ago in May, 2023, and imports were down 4.5%, adding to signs an economic recovery is slowing. (AP Photo/Mark Schiefelbein)

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China trade tumbles in May, adding to signs economic recovery is slowing
By JOE MCDONALD - AP Business Writer
Tue,06/06/23-11:02PM , 106 Reads
BEIJING (AP) — China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end of anti-virus controls is slowing as global demand weakens under pressure from h
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An up-and-down start to the week and the day on Wall Street. The AP's Seth Sutel reports.

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Stock market today: Asian stocks rise after Wall St retreats on concern economy weakening
By JOE MCDONALD - AP Business Writer
Mon,06/05/23-1:21AM , 71 Reads
BEIJING (AP) — Asian stock markets rose Tuesday after Wall Street fell on concern the U.S. economy may be weakening following a report that showed growth in service industries slowing.

Shanghai, Tokyo and Hong Kong rose. Sydney retreated. Oil prices declined.
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People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, June 5, 2023, in Tokyo. Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data coupled with scant wage gains suggested a possible recession might be further away, but also that inflationary pressures are weakening. (AP Photo/Eugene Hoshiko)

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Stock market today: Asian stocks follow Wall St up after strong US jobs report
By JOE MCDONALD - AP Business Writer
Sun,06/04/23-11:44PM , 250 Reads
BEIJING (AP) — Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data coupled with scant wage gains suggested a possible recession might be further away, but also that inflationary pressures are weakening.

Tokyo's benchmark gained almost 2%. Shanghai, Hong Kong and Seoul also rose.
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A pedestrian passes by the Hong Kong Stock Exchange electronic screen in Hong Kong, Friday, June 2, 2023. Asian stock markets followed Wall Street higher on Friday ahead of an update on the U.S. jobs market after Federal Reserve officials indicated they might skip another interest rate hike this month. (AP Photo/Louise Delmotte)

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Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
By JOE MCDONALD - AP Business Writer
Thu,06/01/23-2:10AM , 132 Reads
BEIJING (AP) — Asian stock markets followed Wall Street higher Friday ahead of an update on the U.S. jobs market after Federal Reserve officials reignited hopes another interest rate hike might be postponed and lawmakers gave final approval to a deal to avert a government debt default.
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