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: 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: 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: 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 household debt climbed to nearly $17.8 trillion in the second quarter of this year, according to a Federal Reserve report released Tuesday.
Total household debt rose by $109 billion, or 0.6%, in the April-June period of this year compare…
ISTANBUL: The US Treasury Department said Tuesday that it imposed sanctions on Paraguayan tobacco company Tabacalera del Este S.A. (Tabesa) for providing financial support to Paraguay’s former president.
Horacio Manuel Cartes Jara was sanctioned by t…
