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Africa/International

US stocks fall

U.S. stocks sank shallowly into the red, as investors treaded water ahead of the long-awaited outcome of the Federal Reserve meeting. The Dow Jones Industrial Average fell 31 points to 11158 in midday trading, while the Standard &…

Oil above $84 per barrel

Oil rose above $84 a barrel Wednesday in Asia as investors awaited details of a Federal Reserve plan to boost the U.S. economy that could further weaken the dollar and boost demand for crude. Benchmark crude for December delivery was up 26…

World Bank raises China GDP outlook

The World Bank on Wednesday raised its forecasts for economic growth in China this year and next, saying that strong domestic fundamentals will help offset an expected slowdown in the global economy. In a quarterly update on China's…