September 23, 2024

KARACHI: Pakistan’s prime minister said Sunday that his countrymen have rejected the “politics of polarization” and chosen sound economic policies that address inflation and improve their living standards. Shehbaz Sharif’s remarks referred to recent nationwide rallies by the country’s main opposition party, Pakistan Tehreek-e-Insaf (PTI), aiming to pressure the government

ISTANBUL: Commodity markets saw an upward trend last week after the Fed’s 50-basis-point rate cut after four years, while the possibility of a soft landing strengthened once again in the money market expectations. After the September meeting, Fed Chairman Jerome Powell said that the upside risks to inflation have lessened

LONDON: Trkiye could see a new rating upgrade in November with its improving net foreign currency reserves and quickly narrowing current account deficit. Since the shift Trkiye has gone in its macroeconomy policies over the year, the country saw the largest international credit rating agencies’ upgrade decisions. Fitch Ratings upgraded

ISTANBUL: Global markets began the new week on a positive trend, as inflationary pressures appear to be waning, although concerns about a potential recession continue to cloud economic outlooks worldwide. Analysts predict that the US Federal Reserve will cut interest rates by 75 basis points before the year’s end. However,

ISTANBUL: Eurozone business activity saw a renewed decline in September, data provider S and P Global said on Monday. The fall in output was the first in the last seven months and came amid a sustained reduction in new orders, it noted. New business fell at the sharpest pace since