Russia and Saudi Arabia are on track to sign a contract on supplies of Russia's advanced S-400 air defense missiles to Riyadh, the Interfax news agency cited an aide to Russian President Vladimir Putin as saying Friday. "The talks are ongoing now, the terms are being agreed," the agency...

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun had decided to step down from management, as it forecast record third-quarter profits on the back of soaring memory chip prices. The surprise resignation comes as Kwon was expected to take...

TOKYO (Reuters) - The dollar steadied in early Asian trading on Friday, on track for weekly losses as investors awaited U.S. inflation data to gauge the likelihood that the Federal Reserve will stick to its plan to raise interest rates again this year. The Singapore dollar SGD= slipped...

LONDON (Reuters) - Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC to cut production. Brent crude oil was down 20 cents at $56.74 a barrel by 0730 GMT. U.S. light crude was 25 cents lower at $51.05. Both benchmarks have risen more than 20 percent...