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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Global stock turn higher as investors watch virus impact

By JOE McDONALD | February 11, 2020

BEIJING (AP) — Global stock markets turned higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak.Indexes in London and Frankfurt advanced in Europe, while Shanghai, Hong Kong and Seoul closed higher. Tokyo fell for...

Top 3 parties in dead heat after Irish parliament elections

By DANICA KIRKA and NICOLAE DUMITRACHE | February 8, 2020

DUBLIN (AP) — Ireland’s three biggest political parties are likely to face a difficult process of forming a new government, with an exit poll suggesting they finished in a virtual dead heat in parliamentary elections Saturday.The survey conducted...

S&P 500 slips for first time this week as momentum stalls

By ALEX VEIGA and STAN CHOE | February 7, 2020

Wall Street closed out the market’s best week in eight months Friday with a broad slide as technology and health care stocks gave back some of their recent gains.The pullback, which followed a sell-off in markets around the world, snapped a four-day...

World stock markets retreat ahead of US jobs report

By JOE McDONALD | February 7, 2020

Global stock markets retreated Friday ahead of the monthly U.S. jobs report and after France and Germany reported weak factory data.Investors also continued to monitor the impact on businesses of the virus outbreak in China.Germany's DAX lost 0.6% to...

Asian stock markets retreat after surge on China tariff cut

By JOE McDONALD | February 6, 2020

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports.Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after...

Global stocks surge after Trump acquitted, China virus aid

By JOE McDONALD | February 6, 2020

Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided aid to businesses reeling from a virus outbreak.European markets were up modestly, while Tokyo, Hong...

Disconnect? Stocks rise despite fears over virus from China

By STAN CHOE, CARLA K. JOHNSON, and MARIA CHENG | February 5, 2020

NEW YORK (AP) — The virus outbreak out of China has exposed a seeming disconnect between the financial markets and science.Health experts don't know how far the virus will spread and how bad the crisis will get, yet stocks are rallying as if investors...

Asian shares up on China efforts despite virus worries

By YURI KAGEYAMA | February 4, 2020

TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX...

Turkmenistan to build a $1.5-billion city amid spending cuts

February 4, 2020

ASHGABAT, Turkmenistan (AP) — Turkmenistan's president allocated $1.5 billion to build a new city as the government cuts social spending and the country's economy is weakened by low global energy prices.President Gurbanguly Berdymukhamedov said in a...

Former Kenyan President Daniel arap Moi is dead at age 95

By TOM ODULA | February 4, 2020

NAIROBI, Kenya (AP) — Daniel arap Moi, a former schoolteacher who became Kenya’s longest-serving president and led the East African nation through years of repression and economic turmoil fueled by runaway corruption, died Tuesday at age 95.Moi succeeded...

World shares rise, Shanghai up 1.3%, as China boosts market

By ELAINE KURTENBACH | February 4, 2020

BANGKOK (AP) — Global stocks rallied Tuesday and Wall Street appeared set to open higher after China's central bank provided further support to markets to manage the impact of the virus outbreak.Germany's DAX rose 1.4% to 13,229 while in France the...

Bloodied but determined, Lebanese protesters take stock

By A.J. NADDAFF | February 4, 2020

BEIRUT (AP) — At a Beirut hospital ward, five Lebanese protesters with bandaged eyes and faces huddled in a circle, their arms wrapped around each other, and they vowed to be back on the streets soon, despite their wounds from recent clashes with police.“We...