Facebook shares bounced Wednesday with word that profit more than doubled in the final quarter of last year, coming back down after a vow to spend heavily on the future.

Japan's public pension fund on Thursday denied a report it will invest in US infrastructure as part of Prime Minister Shinzo Abe's expected offer to President Donald Trump to help boost US employment.

The leading business daily Nikkei said, without citing sources, that the Government Pension Investment Fund (GPIF), the world's largest, will buy debt issued by US companies in order to fund the vast spending programme.

Troubled German banking giant Deutsche Bank on Thursday reported a net loss of 1.4 billion euros ($1.5 billion) for 2016 as it struggles with the impact of mammoth fines, lower revenues and restructuring costs.

The Frankfurt-based lender was last month forced to slash bonus payments for a quarter of employees.

The Lufthansa chief on Wednesday reiterated the German carrier's opposition to state subsidies for airlines, as he signed a cooperation deal with Abu Dhabi's Etihad, one of the main Gulf carriers accused of receiving government support.

Japan on Wednesday denied Donald Trump's accusation Tokyo "played the money market" to give it an unfair trade advantage, with Prime Minister Shinzo Abe saying the claims of currency devaluation were untrue.

The dollar on Wednesday recovered from a hefty sell-off that came after Donald Trump and one of his key economic advisers hit out at other nations using their weaker currencies to gain a trade advantage.

Apple on Tuesday reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter in quarterly results that eased concerns of slowing growth.

New York and British authorities on Monday slapped nearly $630 million in fines on German banking giant Deutsche Bank over alleged money laundering in Russia, New York State's Department of Financial Services announced.

Turkey tourism revenues fell almost 30 percent in 2016, the country's statistics office said Tuesday, after visitors stayed away following multiple terror attacks and a failed coup.

In 2016 income from tourism fell by 29.7 percent compared to the previous year, falling to $22.1 billion (19.7 billion euros), the Turkish Statistics Institute (TUIK) said on its website.

India's government acknowledged Tuesday that its controversial decision to withdraw high-value bank notes from circulation has had an "adverse impact" on the economy as it lowered its growth forecast.

In an annual survey published on the eve of the budget, the government said "the adverse impact of demonetisation on GDP (gross domestic product) growth will be transitional" while Finance Minister Arun Jaitley said it would have significant implications for GDP.