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Spain's fragile monarchy grapples with ex-king's woes

Spain's scandal-tainted ex-king Juan Carlos has moved abroad to try to protect image of the monarchy, a fragile institution whose popularity is falling but which enjoys strong protection under the constitution. With his Swiss bank accounts under investigation in Geneva and Madrid, the...

Turkish lira hits record low as forex reserves dwindle

Turkey's lira Thursday set a new record low against the US dollar as investors worried about the government's economic policies and dollar reserves appeared to be running low. The lira was trading at 7.28 against the greenback around suffering a loss of more than 3 percent since the start...