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Commerce

GMO wheat found in Washington state could affect US trade

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Seattle, July 30 (AP) - Genetically modified wheat not approved for sale or commercial production in the United States has been found growing in a field in Washington state, agriculture officials said Friday, posing a possible risk to trade with countries concerned about engineered food.

The Food and Drug Administration says genetically modified organisms, or GMOs, are safe and little scientific concern exists about the safety of those on the market. But critics say not enough is known about...
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Still heavy risk in big bank loans

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Washington, July 29 (AP) - Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.

The Federal Reserve and other agencies cite increasing risks in loans to oil and gas producers as oil prices have fallen to...
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Asian stocks mixed after Wall Street decline

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Beijing, July 26 (AP) - Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks.

KEEPING SCORE: The Shanghai Composite Index gained 0.5 percent to 3,028.56 and Hong Kong's Hang Seng advanced 0.7 percent to 22,144.70. Tokyo's Nikkei 225...
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