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Global Stocks Commodities Tumble Emerging Markets Hit As Dollar Rises Yuan Falls

NEW YORK – Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high,...

Turkey Trade Worries Hit Wall Street

– U.S. stock indexes fell sharply on Wednesday, hurt by concerns over a stronger dollar and Turkey’s currency crisis, as well as over the trade tensions with...

Putin Says Chinas Xi To Visit Russia In Sept Agencies

MOSCOW – Russian President Vladimir Putin said Chinese President Xi Jinping would visit Russia in September, Russian news agencies RIA and Tass reported on...

Regulatory Limbo Hits Tencent With First Profit Fall In Nearly 13 Years

HONG KONG – Chinese technology giant Tencent Holdings Ltd has “no clarity” on when it may get approval to start charging for its most popular game, it...

Stocks Tumble Emerging Markets Hit As Dollar Rises Yuan Falls

NEW YORK – Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high,...

Us Targets Chinese And Russian Firms With Breach Of North Korea Sanctions

WASHINGTON – The United States on Wednesday imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol...

Us Targets Chinese And Russian Firms With North Korea-related Sanctions

WASHINGTON – The United States on Wednesday imposed sanctions on one individual and three entities, including firms based in Russia and China, under a North...

Resurgent Dollar Sends Commodities And Emerging Markets Reeling Again

LONDON – The dollar resumed its rise on Wednesday, surging to new 13-month highs and upping pressure on commodities, emerging markets and global stocks, though the...

Blackstone Invests 400 Million In Hec Pharm Via Convertible Bonds

HONG KONG – U.S. private equity firm Blackstone Group LP (BX.N) has signed a deal to invest $400 million in Hong Kong-listed YiChang HEC ChangJiang Pharmaceutical...

Chinas Tencent Second-quarter Profit Falls 2 Percent First Decline In Nearly 13 Years

HONG KONG – Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, its first decline in nearly...