ISTANBUL: The US Treasury Department announced Wednesday that it imposed sanctions on multiple entities based in China that are supporting North Korea’s ballistic missile and space programs.
A network of six individuals and five entities based in Chi…
ISTANBUL: The Nasdaq and the S and P 500 had Wednesday their worst daily performance since 2022 as US stocks closed the session with major declines with tech firms’ shares taking a nosedive.
The tech-heavy Nasdaq plummeted nearly 655 points, or 3.64%…
ISTANBUL: Business activity in the US grew in July at the highest rate in 27 months, global data provider S and P Global said Wednesday in a report.
The US Services Business Activity Index climbed to 56.0 in July, up from 55.3 in June, according to t…
ISTANBUL: Major stock exchanges closed Tuesday in the red.
The S and P 500 fell eight points, or 0.16% to 5,555. The index jumped 1.08% on Monday to register its best daily performance since early June.
The Dow, meanwhile, was down 57 points, or 0.1…
ISTANBUL: Wholesale inventories in the US increased 0.2% in June, compared to the previous month, according to Commerce Department figures that were released Wednesday.
The figure, which measures the change in the total value of goods held in invento…
LONDON: The European Bank for Reconstruction and Development (EBRD) has announced that its total investments in Trkiye have exceeded pound 20 billion ($22 billion), according to Arvid Tuerkner, the bank’s Trkiye Managing Director.
‘This reflects the …
