Ratings agency S&P on Wednesday downgraded Turkey's sovereign credit rating after Friday's failed coup bid.

Investor confidence in Germany fell to its lowest level in nearly four years in July on concerns about the fallout from the British vote to quit the European Union, a leading survey showed on Tuesday.

The United Arab Emirates has ordered employers to offer free accommodation to workers paid $540 or less per month, in the latest move in the Gulf to address alleged abuses of migrant labor.

Oil prices extended their decline in Asia Tuesday as the global glut returned to focus, while worries about the effects of Turkey's coup on shipments also eased.

Turkey is a strategic conduit for exports from Russia and Iraq to the Mediterranean and there had been fears that the bid to grab power by a military faction at the weekend would disrupt flows.

Nintendo on Tuesday shot past Sony in market value after shares in the video game giant more than doubled following the release of its wildly popular Pokemon Go game.

Bailed-out Cyprus, seen as a safe destination in a region dogged by terror attacks, set a record for the number of tourist arrivals during the month of June, officials said Monday.

Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have launched a joint fund to purchase large oil tankers for the kingdom, an official statement said Monday.

Turkey's currency lira rallied on Monday after suffering one of its steepest ever drops to a historic low in the aftermath of a military coup attempt to topple President Recep Tayyip Erdogan's government.

Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fueled hopes of a pick-up in demand from the world's top two economies.

While a sense of calm has returned to Turkey following a failed coup attempt over the weekend, analysts said the situation remains volatile as Turkish authorities press on with a ruthless crackdown against the plotters, detaining 6,000 people.

Taiwan has arrested three foreign suspects over a $2.5 million cyberheist which used malware to hack into a major local bank's ATM network and steal bags of cash, police said Monday.