Banking and credit

From left to right, Managing Director of International Monetary Fund (IMF) Christine Lagarde, Finland's Finance Minister Petteri Orpo, and Indonesia's Finance Minister Sri Mulyani Indrawati pose for a group photo during the IMF and World Bank meetings in Bali, Indonesia on Saturday, Oct. 13, 2018. (AP Photo/Firdia Lisnawati)
October 13, 2018 - 2:54 am
NUSA DUA, Indonesia (AP) — The Latest on the annual meeting of the International Monetary Fund and World Bank in Bali, Indonesia (all times local): 3:55 p.m. The managing director of the International Monetary Fund, Christine Lagarde, has said she still intends to attend an investment conference in...
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FILE - This Aug. 17, 2016, file photo, shows a Chase bank branch in North Miami Beach, Fla. JPMorgan Chase & Co. reports earnings Friday, Oct. 12, 2018. (AP Photo/Wilfredo Lee, File)
October 12, 2018 - 6:52 am
NEW YORK (AP) — JPMorgan Chase & Co. said Friday that its third-quarter profits rose by 24 percent from a year ago, helped by a lower tax bill and higher interest rates, which allowed it to charge more for loans to consumers and businesses alike. That was enough to make up for a less-than-...
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President Donald Trump listens to a question during a signing ceremony for the "Save Our Seas Act of 2018" in the Oval Office of the White House, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci)
October 11, 2018 - 3:05 pm
WASHINGTON (AP) — President Donald Trump on Thursday escalated his attack on the Federal Reserve's interest rate increases, asserting that "the Fed is out of control" and blaming it for this week's plunge in stock prices. "It's a correction that I think is caused by the Federal Reserve with...
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Managing Director of International Monetary Fund (IMF) Christine Lagarde talks during a press conference ahead of the annual meetings of the IMF and World Bank in Bali, Indonesia on Thursday, Oct. 11, 2018. (AP Photo/Firdia Lisnawati)
October 11, 2018 - 6:14 am
NUSA DUA, Indonesia (AP) — 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. World...
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Managing Director of International Monetary Fund (IMF) Christine Lagarde talks during a press conference ahead of the annual meetings of the IMF and World Bank in Bali, Indonesia on Thursday, Oct. 11, 2018. (AP Photo/Firdia Lisnawati)
October 11, 2018 - 3:37 am
NUSA DUA, Indonesia (AP) — The Latest on the IMF-World Bank annual meeting (all times local): 4:30 p.m. About a dozen activists have staged a brief, peaceful protest at the annual meeting of the World Bank and the International Monetary Fund in Bali, Indonesia. Representatives of various rights...
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Rescue workers rest during a search for victims of Sept. 28 earthquake at Balaroa neighborhood in Palu, Central Sulawesi, Indonesia, Wednesday, Oct. 10, 2018. Indonesia's disaster agency said Wednesday that it only needs tents, water treatment units, generators and transport from other countries as it responds to the Sulawesi earthquake and tsunami that killed more than 2,000 people. (AP Photo/Dita Alangkara)
October 11, 2018 - 12:55 am
PALU, Indonesia (AP) — An earthquake collapsed homes on Indonesia's Java island, killing at least three people, and shook the tourist hotspot of Bali on Thursday, two weeks after a major quake-tsunami disaster in a central region of the archipelago. Indonesia's disaster agency said the nighttime...
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A screen above the floor of the New York Stock Exchange shows the closing number of the Dow Jones industrial average, Wednesday, Oct. 10, 2018. The Dow Jones Industrial Average plunged more than 800 points, its worst drop in eight months, led by sharp declines in technology stocks. (AP Photo/Richard Drew)
October 10, 2018 - 6:42 pm
NEW YORK (AP) — U.S. stocks plunged Wednesday as investors, fearful that rising interest rates and trade tensions could hurt company profits, ramped up their selling of high-flying technology and internet stocks. The Dow Jones Industrial Average fell 831 points, its worst loss in eight months. The...
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FILE - In this file photo taken Sunday, Jan. 1, 2017, a security guard wearing a protection mask against air pollution takes a rest near a bank window panel displaying the security markers on the latest Yuan note in Beijing. China's government on Tuesday, Oct. 9, 2018 promised not to weaken its currency to boost exports and rejected U.S. concern about the sagging yuan as groundless and irresponsible. (AP Photo/Andy Wong, File)
October 09, 2018 - 12:52 pm
BEIJING (AP) — China promised Tuesday not to weaken its currency to boost exports during a tariff fight with Washington and rejected U.S. concern about the yuan's sagging exchange rate as groundless and irresponsible. Beijing has no intention of using "competitive devaluation," said a foreign...
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An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Oct. 9, 2018. Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade. (AP Photo/Yam G-Jun)
October 08, 2018 - 10:48 pm
SINGAPORE (AP) — Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade. KEEPING SCORE: Japan's benchmark Nikkei 225 fell 1.1 percent to 23,513.20. Hong Kong's Hang Seng added 0.3 percent to 26,289.24. The Shanghai...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Oct. 8, 2018. Asian stock markets declined Monday, after China injected extra money into its cooling economy. (AP Photo/Vincent Yu)
October 08, 2018 - 6:56 am
LONDON (AP) — Global stock markets fell Monday as investors responded to the weekend decision from the Chinese monetary authorities to reduce the amount of capital that banks are required to hold, a move that stoked concerns that the world's number 2 economy is struggling in the face of the tariff...
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