Turkish lira’s free-fall rocks equity markets, euro falls
NEW YORK/LONDON (Reuters) – A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets…
Samsung unveils gaming-friendly Galaxy Note 9 to boost sales
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) launched the Galaxy Note 9 “phablet” in New York on Thursday, promising better battery life and quick cooling to attract gamers and…
U.S. sanctions whack Russia’s rouble, Turkey’s lira free-falls
LONDON (Reuters) – Alarm bells were ringing on Thursday as harsh new U.S. sanctions drove drove down Russia’s rouble Turkey’s lira plunged as worries mounted that Ankara was sliding towards…
China to slap additional tariffs on $16 billion of U.S. goods
BEIJING/WASHINGTON (Reuters) – China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese…
Nigeria approves $150 million World Bank loan to fight polio
ABUJA (Reuters) – Nigeria has approved a $150 million loan from the World Bank to help eradicate polio and scale up immunization, Finance Minister Kemi Adeosun said on Wednesday. FILE…
China Tower joins growing list of subdued Hong Kong IPO debuts
HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward…
Baidu ready to beat Google if U.S. firm returns to China: CEO
BEIJING (Reuters) – Baidu Inc (BIDU.O) is prepared to win against Alphabet Inc’s (GOOGL.O) Google in China, its chief executive officer said on social media, amid rumblings the U.S. search…
Chinese state media slams Trump for ‘extortion’ in trade dispute
BEIJING (Reuters) – Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, even as they sought to reassure investors about…
Ding! Alibaba office app fuels backlash among some Chinese workers
BEIJING/HANGZHOU, China (Reuters) – In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit elbow-to-elbow, working to attract the next…
Indonesia to hand over yacht linked to 1MDB to Malaysia
KUALA LUMPUR (Reuters) – Indonesia has agreed to hand over to Malaysia a $250 million luxury yacht it impounded in Bali earlier this year in connection with a corruption scandal…