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Thirty years ago this week, Wall Street slid into the abyss

NEW YORK (Reuters) - Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, the Roman Catholic patron saint of desperate and lost causes. The...

Iran hardliners, pragmatists show unity in response to Trump

LONDON (Reuters) - A tough line from President Donald Trump has been met by a show of unity from both sides of Iran’s political divide, uniting hardliners who cast the United States as an implacable enemy with pragmatists who seek rapprochement with the West. Iran, which has kept up a...

China shares hit 21-month high; Turkish lira takes a dive

SYDNEY (Reuters) - Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Liquidity was...