Economic Indicators

As Zimbabwe plunges into its worst economic crisis in a decade, gas lines are snaking for hours, prices are spiking and residents goggle as the new government insists that the country — somehow — has risen to middle-income status.

South African opposition parties are pushing for wider scrutiny of President Cyril Ramaphosa and his Cabinet after the resignation of a finance minister who acknowledged meeting with a business family linked to alleged corruption under the former administration.

Egypt says inflation jumped to 15.4 percent in September, a rise of more than two percentage points over the previous month.

U.S. stocks get slammed, led by large tech.

Asian shares were mostly higher in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth.

The Trump administration’s decision to allow the year-round sale of gasoline with a higher concentration of ethanol could lower fuel prices for consumers, according to Pacific Ethanol CEO Neil Koehler.

U.S. stock indexes were mixed in early trading on Tuesday as markets continue to absorb the shakeout from last week's rapid rise in interest rates.

The decision comes as farmers have been voicing concerns over a growing trade war between the White House and China.

The head of Russia's giant state-controlled gas company says it plans to resume imports from Turkmenistan after a three-year break over a pricing dispute.

One of the oldest coal companies in the U.S. has filed for bankruptcy to deal with steep debt amid declining world demand.

The president said on Tuesday China is “not ready" to make a deal.

The latest on developments in financial markets (all times local): 9:35 a.m.

South Africa's finance minister has resigned after acknowledging missteps during the scandal-tainted tenure of former president Jacob Zuma.

Nine people have died in a fiery explosion at a steel plant in central India.

German exports dropped in August over the previous month for the second month in a row in the latest disappointing news about Europe's largest economy.

Malaysian Finance Minister Lim Guan Eng says the government is expected to unveil new tax measures to help raise funds to pay off national debts that have snowballed due to corruption under the previous government.

China's government has promised not to weaken its currency to boost exports and rejected U.S. concern about the sagging yuan as groundless and irresponsible.

Asian markets are mostly lower after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade.

Pakistan says it will seek a bailout loan from the International Monetary Fund to address a mounting balance of payments crisis.