The crash in the Turkish lira sparked by U.S. sanctions has left President Recep Tayyip Erdogan facing the biggest economic challenge of his one-and-a-half decades in power.

In 2010, Panagiota Kalliakmani had just secured her chemistry degree and dreamed of going into research. Then the Greek economic crisis struck.

Captain Min Min, a Buddhist from Myanmar, looks on as a stream of Muslim Rohingya labourers zig-zag up narrow gangplanks hauling sacks of ginger from his boat onto Bangladeshi soil -- one of many seizing the economic opportunities presented by a refugee crisis.

Global ratings agency S&P on Friday cut Turkey's debt grade for the second time in four months, moving it further into junk territory and predicting the country will go into recession next year.

President Donald Trump said Friday he has ordered stock market regulators to look into ending the requirement for businesses to issue quarterly earnings reports.

Canada's inflation rate surged to 3.0 percent in July, fueled by rising global prices for crude oil, according to government data released Friday.

European and U.S. stock markets moved lower Friday on investor concerns over Turkey and the ongoing trade war between China and the United States.

Asian markets mostly rose Friday following strong leads from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks.

The chief executive of the Financial Times, John Ridding, is to return some of his pay from last year following staff criticism, the business daily reported on Thursday.

"Look at this, I have sold nothing!" said Cemile Baykal, sitting in front of piles of vegetables untouched on her Ankara market stall.