HONG KONG (AP) — Asian stocks sank Friday, extending a sell-off in world markets after Europe’s central bank unveiled plans to stimulate the continent’s ailing economy that fell short of investor expectations. KEEPING SCORE: Japan’s Nikkei 225 dropped 1.9 percent to 19,556.50 and South Korea’s Kospi lost 0.9 percent to 1,975.27. Hong Kong’s Hang Seng … Continue reading
Tag Archives: European Central Bank
AP PHOTOS: Top pictures from Europe and Africa
LONDON (AP) — The sheer scale of the migrant exodus across the Mediterranean forced the issue higher on the agenda of European governments during the week, especially after 400 desperate people were believed to have died in one shipwreck. In South Africa, migration by land was an explosive issue, as resentful residents of Johannesburg turned … Continue reading
Euro currency’s missing pieces challenge policymakers
FRANKFURT, Germany (AP) — Europe’s struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive. Fundamental gaps left at the euro’s creation in 1999 are haunting its policymakers. The euro’s missing pieces have come into sharper focus as the … Continue reading