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Financial Headlines From The Associated Press

  • European shares gain as bank sell-off abates, oil rebounds
    TOKYO (AP) -- European shares rose Friday, shrugging off a bad day in Asia, as the sell-off in banking shares abated and oil prices rebounded from a 12-year low. But Japan's main stock index lost nearly 5 percent, leading other Asian markets lower....
  • How impoverished but nuclear-armed North Korea earns money
    SEOUL, South Korea (AP) -- The closure of a factory park in North Korea jointly run by both Koreas has cost the impoverished North a rare source of legitimate hard currency. Seoul says it shut the Kaesong complex in response to the North's recent long-range rocket launch to keep its impoverished neighbor from using the money factories provided to fund its nuclear and missile programs....
  • Eurozone economy grew a paltry 0.3 percent in Q4
    BRUSSELS (AP) -- The 19-country eurozone grew by a paltry quarterly rate of 0.3 percent in the final three months of 2015 despite tail winds such as cheap energy, an export-boosting drop in the currency and monetary stimulus....
  • Greek farmers clash with riot police in pensions protest
    ATHENS, Greece (AP) -- Greek farmers wielding shepherd's staffs and throwing rocks clashed Friday with riot police in central Athens during a two-day protest against the government's plans to impose new tax hikes and overhaul the pension system. Riot police used tear gas to repel them....
  • Congress bans import of forced labor products
    A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85-year-old tariff law that has failed to keep products of forced and child labor out of America....

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