Turkey's central bank said Monday it would complete moves to simplify monetary policy, sparking a strong rally in the country's currency.

Oil prices extended losses in Asia Monday after Saudi Arabia and Russia signalled they could raise output, but indications that Donald Trump's summit with Kim Jong Un could be back on supported equity markets.

Qatar has ordered shops to remove goods originating from a group of Saudi Arabian-led countries which a year ago imposed a wide-ranging boycott on the emirate, Doha officials said Saturday. 

Paying income tax used to be a joke in Nigeria which, no wonder, has the worst tax to GDP ratio in sub-Saharan Africa.

Germany's biggest lenders have shied away from business with Iran after past penalties for breaching U.S. sanctions, but smaller banks have leaped on opportunities afforded by the nuclear deal rejected by Donald Trump.

Spain may be one of the world's top tourist destinations, but many people in its biggest cities have grown exasperated with Airbnb-style rentals.

And now, their city councils are taking action.

After the embattled Turkish lira weakened against the US dollar this week, Turks remain troubled over the economy despite the government's reassurances.

Global oil prices fell Friday after top producer Saudi Arabia signaled a likely boost in supply as soon as the third quarter, and world stock markets were mixed over the sudden US move to cancel the summit with North Korea.

China said Thursday it has not set a target to cut its trade surplus with the US but will seek to increase imports after the two sides stepped back from a potential trade war.

Germany's largest lender Deutsche Bank said Thursday it will cut over 7,000 jobs and dramatically scale back its investment banking activities as it tries to turn the corner on years of losses.

"The number of full-time equivalent positions is expected to fall from just over 97,000 currently to well below 90,000. The associated personnel reductions are underway," a statement said.