Bloomberg JD.com Inc. posted a wider quarterly loss as China’s second-largest online mall boosted marketing spending to drive sales at its mid-year shopping promotion. The net loss was $74 million in the three months ended June, almost double the 252 million yuan loss of a year earlier. Second-quarter sales jumped 44 percent to 93.2 billion yuan, helped by a partnership ...

Bloomberg Asian emerging market currencies have been having their best year since before the 2013 taper tantrum, bolstered by pace-setting growth rates and attractive yields. But the Philippine peso has been left out of the party—ironically after it held up better than peers including Indonesia’s rupiah back in 2013. Unless things change, it’ll be a fifth straight year of declines ...

BAGHDAD / ERBIL / Reuters Iraqi security forces launched an offensive to take back the city of Tal Afar on Sunday, their next objective in the US-backed campaign to defeat IS militants, Prime Minister Haider al-Abadi said. “You either surrender, or die,” Abadi said in a televised speech announcing the offensive, addressing the militants. A longtime stronghold of hardline Sunni ...