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July 19, 2024

Global markets remain negative

ISTANBUL: Global markets are following a negative course as rising geopolitical risks and the selling pressure that started with technology stocks in US stock markets spread across the world.

Meanwhile, the selling pressure stemming from the trade wa…

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IT outage hits Microsoft, Crowdstrike shares

ISTANBUL: The IT outage, which caused disruptions in many sectors on a global scale due to Microsoft services, hit the company’s stock.

After closing Thursday at $440.37, the price of a Microsoft share lost value by 1.8% according to pre-market data….

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Turkish Central Bank reserves hit fresh all-time high

ANKARA: The Turkish Central Bank’s official reserve assets rose a fresh record high of $153.8 billion as of July 12, according to weekly figures released on Friday.

The gross reserves rose from $148.4 billion a week ago, the bank’s international rese…

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Canada’s retail sales fall 0.8% to $66.1B in May

ISTANBUL: Canada’s retail sales declined 0.8% to $66.1 billion in May, the country’s statistical authority said Friday.

The market expectation for the figure was to show a decrease of 0.5%, while retail sales rose 0.6% in April.

In May, sales were d…

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