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U.S. energy stocks, darlings last year, stumble in 2017

The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices. Energy outdid all other sectors last year, up nearly 24 percent thanks to a late-year rally on...

Turkey's deputy PM slams German ban on Turkish leaders

Turkey’s Deputy Prime Minister Tugrul Turkes on Saturday criticized Berlin’s ban on Turkish ministers’ rallies in German cities. The move was not “a nice behavior”, Turkes said as he responded to reporters’ questions at Yunus Emre Institute in London, where he is holding...

China to strengthen defenses, no word on budget

China pledged more support to its military on Sunday including strengthening maritime and air defenses amid efforts to safeguard sovereignty, but in a highly unusual move did not give spending figures for 2017 despite promises of transparency. Parliament's spokeswoman Fu Ying said on...