Business

Asian stocks sink as Turkey fears hurt emerging markets

BEIJING (AP) - Asian stock prices sank yesterday as Turkey’s financial turmoil fueled fears contagion might spread to other emerging markets. KEEPING SCORE: The Shanghai...

Malaysia’s Mahathir aims to scrap China deals

PUTRAJAYA, Malaysia (AP) - Malaysian Prime Minister said yesterday he will seek to cancel multibillion-dollar Chinese-backed infrastructure projects that were signed by his predecessor...

VF Corp breaks off denim biz to focus on money-making activewear

GREENSBORO, North Carolina (AP) - The clothing company that makes Wrangler and Lee jeans is breaking off its denim division, which could generate as...

Investors shun Bayer stock over US pesticide ruling

FRANKFURT AM MAIN (AFP) - Investors fled shares in German chemicals and pharmaceuticals giant Bayer yesterday, fearing a massive damages ruling against one of newly...

Newest US sanctions against Russia hit an economic nerve

WASHINGTON (AP) - Russia typically brushes off new US sanctions. Not this time. The Trump administration announcement of export restrictions in response to accusations Moscow...

Turkish central bank tries to contain currency crisis

ANKARA, Turkey (AP) - Turkey’s central bank announced a series of measures yesterday to free up cash for banks as the country grapples with...

France to set penalities on non-recycled plastic next year

PARIS (AFP) - France plans to introduce a penalty system next year that would increase the costs of consumer goods with packaging made of non-recycled...

Rent control fuels costliest fight on California 2018 ballot

SACRAMENTO, California (AP) - A Los Angeles-based health care non-profit known for funding controversial ballot measures is waging an expensive battle with the real...

Successful issuance of Sukuk Al-Ijarah securities

THE Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar...

Domestic brands dominate China’s mobile phone shipments

BEIJING (Xinhua) - Domestic brands dominated mobile phone shipments in China in the first seven months of the year as domestic manufacturers accelerated innovation,...

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