August 27, 2018

Turkish lira weakens 3 percent as markets reopen, eyes on U.S. stand-off

The Turkish lira slid 3 percent against the dollar on Monday as local markets resumed trading after a week-long holiday and investors focused again on a […]
August 27, 2018

Tesla shares dip 3 percent after Musk abandons buyout

Shares in Tesla Inc fell just over 3 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting […]
August 27, 2018

Turkey’s economic pain felt as far as Tennessee

Turkey’s currency crisis has roiled emerging-markets investors far and wide, including the U.S. state of Tennessee, where the state’s retirement system is the biggest institutional holder […]
August 27, 2018

World stocks at highest in over two weeks, China’s yuan rallies

World stocks rose to their highest level in over two weeks on Monday, following reassuring comments from the U.S. Federal Reserve chief, signs of progress on […]
August 27, 2018

U.S. monitor seeks more transparency from VW over emissions

Volkswagen’s external compliance monitor on Monday said he disagreed with some VW executives’ use of privacy and attorney client privilege rights to withhold information about a […]
August 27, 2018

Yuan hits four-week high as China signals support, revives X-factor for fixing

China’s yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank revived a “counter-cyclical factor” in its daily fixing […]
August 27, 2018

Tesla shares fall 5 percent after Musk abandons buyout

Trading in Tesla shares in Germany on Monday pointed to a 5 percent drop when U.S. markets open as investors reacted to Chief Executive Elon Musk’s […]
August 27, 2018

Tesla’s German shares fall after CEO Musk drops plan to take company private

Germany-listed shares in Tesla fell more than 3 percent in early deals on the Tradegate exchange on Monday, after Chief Executive Elon Musk called off his […]
August 27, 2018

Asian shares rise after Powell speech, stronger yuan lifts China

Asian shares rose on Monday, taking heart from comments by the Federal Reserve chairman that drove Wall Street to record highs on Friday, and as a […]
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