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Malaysia halts $22 billion China-backed deals

Projects were suspended to target Malaysia's estimated $250 billion national debt and other liabilities.

former PM Najib Razak

Read more: Malaysia halts $22 billion China-backed deals

   

Saudi agrees to US demand to pump more oil

Kingdom is prepared to utilise its spare production capacity to deal with changes in the levels of supply and demand.

Donald Trump and King Salman

Read more: Saudi agrees to US demand to pump more oil

   

Riyadh coy as Trump says Saudi king agrees to raise oil output

Saudi state media confirms phone call between two leaders but makes no mention of figure tweeted by US president.

Trump and King Salman

Read more: Riyadh coy as Trump says Saudi king agrees to raise oil output

   

Indian rupee hits record low amid inflation, credit downgrade

Currency weakened past 69 rupees to the dollar, making it one of the worst performers in Asia for the first time.

Indian rupee

Read more: Indian rupee hits record low amid inflation, credit downgrade

   

Trump slams Harley-Davidson as tariffs start to affect trade

Iconic motorcycle maker accused by Trump of 'waving the white flag' after it announced plans to move some of its production out of the US.

Harley-Davidson

Read more: Trump slams Harley-Davidson as tariffs start to affect trade

   

Strike in Tehran's Grand Bazaar over rial devaluation

Thousands of traders in the Grand Bazaar of Tehran protest against the collapse of the local currency.

Read more: Strike in Tehran's Grand Bazaar over rial devaluation

   

OPEC reaches deal to raise oil output

After tense talks, OPEC agrees to increase production after calls from top consumers to help avoid supply shortage.

Iran's Oil Minister Bijan Zanganeh

Read more: OPEC reaches deal to raise oil output

   

Allies line up to impose retaliatory trade tariffs against US

Turkey and India become the latest Washington allies to impose millions of dollars in levies on American goods.

levies

Read more: Allies line up to impose retaliatory trade tariffs against US

   

Instagram unveils new video service app

IGTV will increase Instagram's video time limit from one minute to 10 minutes for most users.

Read more: Instagram unveils new video service app

   

EU to begin counter trade tariffs against US on Friday

EU retaliatory tariffs will initially target a list of US goods worth 3.24 billion dollars.

EU Trade Commissioner Cecilia Malmstrom

Read more: EU to begin counter trade tariffs against US on Friday

   

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Cars, tobacco, and alcohol hit with new tariffs in response to what vice president calls 'US attacks' on the economy.

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