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Shares of Turkey's Halkbank plunge after U.S. charges

Shares of Turkey’s Halkbank plunged as much 7% on Wednesday, despite a ban on short selling, after U.S. prosecutors charged the state-owned lender with taking part in a multibillion-dollar scheme to evade U.S. sanctions on Iran The announcement from U.S. prosecutors came a day after...

Kuwait ruler Emir Sheikh Sabah has returned to Kuwait: KUNA

Kuwait’s 90-year-old ruler Emir Sheikh Sabah al-Ahmad al-Sabah returned home on Wednesday after hospital treatment in the United States, state news agency KUNA said. Sheikh Sabah has ruled the U.S. ally and OPEC oil producer since 2006 and steered its foreign policy for more than 50...