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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...

US House takes hard line on China over Hong Kong and Huawei

The U.S. House of Representatives on Tuesday passed four pieces of legislation taking a hard line on China, three related to pro-democracy protests in Hong Kong and one commending Canada in its dispute over the extradition of a Chinese telecom executive. All four measures passed by...

Japan allocates millions in aid for typhoon-hit regions

Japan's government said Wednesday it would set aside millions of dollars to help areas devastated by Typhoon Hagibis, which killed more than 70 people across the country. Hagibis slammed into Japan on Saturday, unleashing fierce winds and unprecedented rain that triggered landslides and...