Turkish lira struggles in Asia but equities see some stabilityTurkey's lira remained under pressure in Asian trade Tuesday but markets in the region enjoyed a little more stability after the previous day's turmoil. Nervous investors are keeping an eye on develop...
NIO seeks to raise $1.8 billion in biggest US listing by China automakerChinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest US listing by a Chinese automaker. The company, backed b...
Maduro announces curbs to cheap gas in VenezuelaPresident Nicolas Maduro announced that from now on Venezuela's dirt-cheap fuel will be available only to people with a special government aid card that the opposition has denounced as a tool for cont...
Oil edges up on Saudi output cut and Iran sanctions, but slowing economic growth dragsOil prices inched up on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply, although concerns over a slowdown in economic growth k...
Gold hits fresh 2017 lows as investors seek refuge elsewhereGold prices sank below $1,200 per ounce on Monday to their lowest since late January 2017, losing out to US Treasuries and a strong dollar as investors sought refuge from a financial market rout trigg...
Smaller companies lead US stocks higher as Turkey fears easeUS stocks are broadly higher Tuesday morning as worries about Turkey's currency crisis stabilized. Retailers and smaller companies are making some of the biggest gains. Global markets have taken two d...