Financial Services

ECB head: Higher inflation needed to end stimulus

Mar 14, 2018

European Central Bank head Mario Draghi says that the eurozone economy still faces "risks and uncertainties" and cautioned that the bank needs to see an accompanying upward trend in inflation before it can end its bond-purchase stimulus

Southeast Asian ride-hailing app Grab expands into lending

Mar 13, 2018

Southeast Asian ride hailing app Grab said it is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts

China merges bank, insurance regulators to tackle risk

Mar 13, 2018

China plans to merge its banking and insurance regulators into a more powerful agency to control scandal-plagued finance industries that are struggling with debt

Bids to curb health care costs offer little more than talk

Mar 12, 2018

Congress' effort to stabilize the nation's insurance markets is faltering amid escalating demands by each party and erratic positions by President Donald Trump

Central banks warned to weigh risks of virtual currencies

Mar 12, 2018

A new report warns central banks should carefully weigh the risks before introducing virtual currencies using the technology that enables bitcoin

APNewsBreak: Trump Jr., donor have longtime undisclosed ties

Mar 12, 2018

Records show Donald Trump Jr. and a hedge fund manager who helped raise millions for the Trump campaign have a business relationship that hasn't been disclosed

AP FACT CHECK: A look at Dem governor candidates' claims

Mar 12, 2018

AP FACT CHECK: Some Democratic governor candidates' claims don't hold up

Insurers get into care, but is it good for your health?

Mar 9, 2018

As costs spiral and traditional boundaries blur in health care, insurers are taking more control over monitoring customer health and delivering care

The Latest: Attorney says 'Pharma Bro' OK after sentence

Mar 9, 2018

The attorney for convicted fraudster Martin Shkreli says his client is doing "fine" after he was sentenced to seven years in prison

Central banker: China can be 'bolder' about market opening

Mar 9, 2018

The head of China's central bank says the country can be 'bolder' about opening its financial markets following steps to strengthen financial regulation and encourage use of its currency abroad