ISTANBUL: The US trade deficit decreased 2.5% to $73.1 billion in June, falling from its highest level since October 2022, according to the Commerce Department’s Census Bureau on Tuesday.
The expectation for the figure was to show a deficit of $72.5 …
ISTANBUL: US stocks closed higher Tuesday to regain some of the previous days’ losses as recession fears pushed global markets into a freefall.
The Dow Jones Industrial Average was up 294 points, or 0.76%, to finish at 38,997 after diving 2.6% Monday…
ISTANBUL: Canada saw a trade surplus in June after posting three consecutive months of trade deficits, according to Statistics Canada on Tuesday.
The North American country’s merchandise exports increased 5.5% in June, while imports rose 1.9%, the st…
ISTANBUL: China’s foreign trade reached a new high of $3.5 trillion, up 6.2% year-on-year, in Jan. – July, Beijing-based news agency Xinhua reported on Wednesday, citing official data.
China’s exports surged 6.7% year-on-year to $2.01 trillion and im…
ISTANBUL: German exports and imports declined on a yearly basis in June, the federal statistical bureau Destatis revealed on Wednesday.
The country’s exports totaled pound 127.7 billion ($139.5 billion), down 4.4%, while imports amounted to pound 107…
ISTANBUL: Fitch Ratings said Wednesday it affirmed the Islamic Corporation for the Development’s (ICD) long-term foreign currency issuer default rating at A+ with a stable outlook.
The rating agency said ICD’s ratings are backed by the support it rec…
