The Washington Daily

Breaking News, World, US, DC News

Saturday, March 24, 2018


Asian shares drop, tracking Wall St losses, mixed data

TOKYO (AP) — Shares slipped in Asia on Friday, tracking an overnight decline on Wall Street. Strong Chinese manufacturing data failed to lift benchmarks in Hong Kong and Shanghai. KEEPING SCORE: Japan's Nikkei 225 index dropped 1.1 percent to 20,000.88 and the Hang Seng in Hong Kong fell 0.9 percent to 25,730.74. South Korea's Kospi

China manufacturing measure ticks up in June

BEIJING (AP) — A survey shows China's manufacturing activity accelerated in June, helped by stronger foreign demand for Chinese goods. The monthly purchasing managers' index issued by the Chinese statistics bureau and an industry group on Friday rose to 51.7 from May's 51.2 on a 100-point scale on which numbers above 50 show activity expanding.

Chinese returns part of Bangladesh funds stolen by hackers

MANILA, Philippines (AP) — A Chinese casino junket operator on Thursday returned $4.63 million of the $81 million that hackers stole from the Bangladesh central bank's account in the U.S. Federal Reserve Bank and laundered in Manila's casinos, officials said. Kam Sin Wong, a longtime Manila-based businessman, surrendered the money from one of the world's

US applications for jobless aid rise, but still near lows

WASHINGTON (AP) — More Americans sought unemployment benefits last week, but applications still stayed near historic lows that point to a stable job market. THE NUMBERS: Applications for jobless aid rose 11,000 to a seasonally adjusted 276,000, the Labor Department said Thursday. The less-volatile four-week average rose 3,500 to 263,250. The number of people receiving

Germany says economic growth helped it cut debt last year

BERLIN (AP) — Germany's central bank says healthy economic growth helped the country reduce its debt by 24 billion euros ($27.1 billion) last year. The Bundesbank said Thursday that the reduction trimmed Germany's debt pile to 2.153 trillion euros, or 71.2 percent of gross domestic product – the third consecutive fall. That compares with 74.7

German jobless rate ticks down to 6.5 percent in March

BERLIN (AP) — Germany's unemployment rate ticked down to 6.5 percent in March, a post-winter decline that's typical for the month. The Federal Labor Agency said Thursday that the unadjusted unemployment rate in Europe's biggest economy was down from 6.6 percent the previous month, with 2.845 million people registered as unemployed. That was 66,000 lower

Struggling steel sparks political, economic crisis in UK

LONDON (AP) — The British government is scrambling to save the country's struggling steel industry after Tata Steel announced plans to sell its U.K. plants, which employ almost 20,000 people. Prime Minister David Cameron is holding a crisis meeting at 10 Downing St. Thursday. Tuesday's decision by the Indian company appeared to catch authorities by

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