Currencies

World markets slide on concerns over global growth

Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power.

BMW warns profits will fall due to costs, trade uncertainty

German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates.