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EMERGING MARKETS-Turkish lira at new low on Ankara-West tensions

Turkey's lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation, while most other emerging market currencies firmed against weaker dollar. ....

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Evergrande EV unit shares jump after chairman signals business shift

Shares in China Evergrande Group's electric vehicles (EV) unit <0708.HK> rose on Monday as the embattled property developer moved to prioritise the growth of its nascent EV business over its troubled core real estate operations. ....

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U.S. Treasury says distributed nearly $2.8 billion in rental aid in September

State and local governments distributed nearly $2.8 billion in Emergency Rental Assistance program funds in September, up from about $2.6 billion in August and bringing the year-to-date total to $10.3 billion, the U.S. Treasury said on Monday. ....

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Vingroup to build $387 mln battery cell plant in central Vietnam

Vietnam's biggest conglomerate Vingroup will start construction on a $387 million battery cell plant for its auto arm VinFast electric vehicles (EVs) in central province of Ha Tinh this year, local authorities said on Wednesday. ....

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Equities ride tech to third week of gains, dollar dips

Global shares got a tech boost to help tee up a third straight week of gains on Friday, despite growing inflation concerns, while the dollar dipped and oil prices bounced off their lows. ....

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