Asia

With government approval, Bridgewater Associates plans to use a new unit based in China to raise billions of dollars to buy and sell assets in the country. It could give founder Ray Dalio the kind of clout that has largely eluded Western financial firms in the world’s second-largest economy.

In photos selected Friday by Wall Street Journal editors, the northern lights illuminate the Arctic sky, Mexico picks up after a powerful earthquake, Cuba and Florida prepare for Hurricane Irma, and more.

The dollar sank to its lowest level in more than two years Friday, as reasons for caution on the currency continued to mount.

To protect a top-selling drug from generic competition, Allergan PLC has sold the drug’s patents to an Indian tribe in upstate New York to block rivals from challenging the patents at the U.S. Patent and Trademark Office.

Turkish President Recep Tayyip Erdogan called on Friday for an overhaul of the country’s fledgling sovereign-wealth fund, saying a day after the fund’s head was dismissed that it has failed to meet its targets.

Viacom Inc.’s Paramount Pictures has received none of the money it is owed by two Chinese partners in a $1 billion co-financing deal signed in January, the studio’s chief executive says.

Glencore and Qatar have agreed to sell the bulk of their nearly 20% stake in Russian state-controlled oil giant Rosneft to a Chinese energy company in a deal worth about $9 billion.

Authorities ordered more than 650,000 people to evacuate the Miami area as Hurricane Irma churned toward a possible collision with the mainland U.S. and killed at least 11 people in the Caribbean.

SoftBank’s Vision Fund is leading a fresh $250 million round of investment in Indian hotel-booking company OYO, the latest bet from the world’s largest technology fund.

Mexico declared North Korea’s ambassador persona non grata and gave him 72 hours to leave the country, delivering a diplomatic blow to Pyongyang following its sixth and most powerful nuclear test.

China’s economy got another boost from foreign trade last month, with exports posting modest growth, though the recent surge in the yuan’s value is starting to weigh on Chinese exporters.

President Donald Trump refused to rule out the military option but stopped short of saying whether he would tolerate a nuclearized North Korean state if the threat were contained.

Israel and Iran are heading for conflict over southern Syria.

A late goal against Honduras this week gave the squad a critical point toward qualifying for Russia. The road ahead is complicated but promising

Some 270,000 Rohingya Muslims have been forced out of Myanmar’s Rakhine state after a violent military campaign began last month. See what that destruction looks like.