ISTANBUL: Multifamily lending for new mortgages in the US decreased 49% last year, compared to the year before, according to a report Thursday by the Mortgage Bankers Association (MBA).
Multifamily lenders provided a total of $246.2 billion in new mo…
ANKARA: Turkey’s benchmark stock index, the BIST 100, opened Friday at 10,041.43 points, marking a rise of 0.59%, or 58.45 points, from the previous close.
On Thursday, Borsa Istanbul’s BIST 100 index climbed 1.55% to close at 9,982.98 points, with a…
ISTANBUL: Global markets are on a positive trend after US inflation data indicated a decrease in price pressures and retail sales climbed above expectations, resulting in weakened recession concerns.
US retail sales surge
Retail sales in the US incr…
ANKARA: Oil prices fell on Friday as new cease-fire and prisoner swap talks began between Israel and Hamas, amid uncertainty over the timing of a potential U.S. Federal Reserve interest rate cut.
International benchmark Brent crude fell 0.4% to $80.6…
ANKARA: Expectations for inflation in Trkiye for the next 12 and 24 months have been improving for the past 10 months now, the nation’s Treasury and Finance Minister said on Friday.
His comments came after the Turkish Central Bank released its survey…
ISTANBUL: US retail sales figures for July show a strong spending start for the third quarter, according to a report by research group organization the Conference Board.
“Nominal retail sales jumped by 0.97 month-over-month in July and real retail sa…
