• 10 things you need to know before the opening bell

    2 days ago - By Business Insider

    Here is what you need to know.
    Turkey's central bank promises 'all necessary measures' to save its financial system. "The Central Bank will closely monitor the market depth and price formations, and take all necessary measures to maintain financial stability, if deemed necessary," the Central Bank of the Republic of Turkey said Monday. The Turkish lira is down 7% versus the dollar on Monday and has lost 40% of its value in August.
    North and South Korea are getting together for another summit. The two Koreas have agreed to meet in the truce village of Panmunjom, in the demilitarized zone...
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  • 10 things in tech you need to know today

    10 things in tech you need to know today

    2 days ago - By Business Insider

    Good morning! This is the tech news you need to know this Monday.
    1. Saudi Arabia is reportedly looking to invest big in Tesla after the company teased going private. Saudi Arabia's Public Investment Fund, the country's sovereign wealth fund, is in talks with Tesla about becoming a significant investor in the buyout, sources told Bloomberg.
    2. President Trump said he would have dinner with Apple CEO Tim Cook, and praised him for "investing big dollars in U.S.A.". Cook has been vocal in his disapproval of certain Trump Administration policies, particularly around immigration and trade.
    3...
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  • 10 things you need to know in markets today

    10 things you need to know in markets today

    2 days ago - By Business Insider

    Good morning! Here's what you need to know in markets on Monday.
    1. Global markets are selling off following last Friday's collapse of the Turkish lira. China's benchmark Shanghai Composite index immediately fell by more than 1% after the opening bell - a fall matched by similar declines in Hong Kong and South Korea. Shares in Japan are also down more than 1.6%, weighed down by a stronger yen as money moves to safe-haven assets.
    2. The Central Bank of the Republic of Turkey has issued a statement pledging to maintain stability in the financial system. The Turkish lira plunged 25 per cent...
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