ISTANBUL : Housing prices in the world’s largest economy, the US, rose 4.5% in July on a yearly basis, the Federal Housing Finance Agency (FHFA) announced on Tuesday. On a monthly basis, housing prices also saw a slight increase of 0.1% in July, the agency added. It stated: “For the
ISTANBUL : Germany’s business climate index declined in September, showing ongoing deterioration in the business sentiment, the Berlin-based ifo Institute revealed on Tuesday. “The ifo Business Climate Index fell in September to 85.4 points, from 86.6 points in August, the fourth decline in a row,” a press release read. Firms
ISTANBUL : More airlines have suspended their flights to the Israeli capital. Azerbaijan’s flag carrier Azal Airlines announced suspending its flights to Tel Aviv “due to recent events and security issues in Israel.” Additional information regarding the resumption of flights between the capital Baku and Israel will be announced depending
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
