The currency has lost 28 percent of its value against the greenback since August and more than 40 percent this year amid investor fears over central bank policy and escalating disputes with the United States.
British police arrested a man on suspicion of terrorism offences on Tuesday after he drove a car into security barriers outside parliament.
The prospect of continued strength in the U.S. dollar over the coming months should constitute an even greater concern to bullish oil traders than an escalating trade war between the world's two largest economies, an analyst told CNBC on Monday.
UAE's biggest fuel retailer told CNBC that there is 'a lot more to come' regarding the firm's expansion plans in Saudi Arabia.
European stocks failed to shrug off jitters by Monday's close, as Turkey's worsening economic crisis prompted investors to offload riskier equities and flee to safe-haven assets.
Russia will continue decreasing its holdings of U.S. securities in response to new U.S. sanctions on Moscow, Finance Minister Anton Siluanov said.
Some of the most loyal motorcycle enthusiasts are angered by the company's announcement it will move some production overseas.
The words ‘rice bunny’ are pronounced as ‘mi tu’ in Mandarin, giving Chinese users of social media a means to evade censors when discussing sexual harassment issues, The Financial Times reports.
Facebook has confirmed its commitment to Uganda as a row rumbles on over a recently imposed tax on social media use in the East African country.
Turkish President Tayyip Erdogan and Russian leader Vladimir Putin told each other that they are pleased with their countries' economic and trade ties, a source told Reuters.
Trump's moves against Turkey come at least in part in response to simmering conflicts between the two countries over military cooperation and the U.S. push for pastor Andrew Brunson's release.
The U.K. government is thinking about introducing a so-called "Amazon tax" to support struggling online retailers, Finance Minister Philip Hammond said in an interview with Sky News on Friday.
President Trump's administration has been criticized by leaders around the world for reinstating tough economic sanctions against Iran.
Police in the eastern Canadian city of Fredericton, New Brunswick, say at least four people have been killed after a shooting.
Russia's Prime Minister Dmitry Medvedev reportedly warned the U.S. on Friday that sanctions it plans to impose against Moscow over the nerve-agent attack of a former spy living in Britain could be treated as a declaration of an economic war.
Two weeks after reaching a handshake agreement to calm trade talks and back off new tariffs, the United States and European Union are beginning to lay the formal groundwork underpinning any deal.
While likely to be heavily debated and amended before going to a final vote, the measures detailed in the bill are set to be a more powerful tool against Moscow, and several analysts foresee its passage taking place before the midterms.
A prestigious Japanese medical school has confessed to rigging its entrance exams against women for more than a decade, The Financial Times reports.
The dollar is up 5.8 percent against the Russian currency since the end of July, and up 14.6 percent since the start of this year.
Millennials are the driving force behind a resurgence in popularity for heritage sneakers, according to the chief executive of the world's second-largest sportswear brand.
Turkey's central bank needs to raise interest rates to contain the country's financial crisis, says veteran economist Stephen Roach.
Sales at companies with significant emerging market exposure posted a notably weak financial quarter, according to Goldman Sachs, amid growing currency and equity concerns in Turkey as well as ongoing trade and tariff woes in China.
Emerging-market stocks fall sharply as a financial crisis that sent Turkey's currency plummeting last week worsened.
European stocks traded in the black Tuesday morning as concerns over Turkey's economic woes eased.
Asian shares closed mixed, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.
Investors said the exposure of European banks to Turkey would continue to hound the single currency.
The currency has lost 28 percent of its value against the greenback since August and more than 40 percent this year amid investor fears over central bank policy and escalating disputes with the United States.
David Kuo of The Motley Fool Singapore shares his insights on the Turkish economy and the importance for central banks to be allowed to function independently.
European stocks failed to shrug off jitters by Monday's close, as Turkey's worsening economic crisis prompted investors to offload riskier equities and flee to safe-haven assets.
Hong Kong-owned factories in China are growing concerned about the escalating U.S.-China trade war. Some are even thinking about shifting operations elsewhere, one CEO said.
The U.S. is threatening to impose tariffs on Japan's auto exports, but Prime Minister Shinzo Abe has to be mindful that the concessions he gives will not hurt his political support at home, analysts say.
The People's Daily, a mouthpiece of the ruling Chinese Communist Party, has rebutted criticism that an overly nationalistic Chinese leadership stance may have hardened the US trade position.
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