ISTANBUL: Uruguay’s economy is expected to grow 3.4% this year and 3% next year, the International Monetary Fund (IMF) said Thursday.
“The economy is expected to strongly rebound in 2024, while macroeconomic risks are broadly balanced,” the IMF said …
ISTANBUL: The US stock market index Dow Jones industrial average on Friday climbed above the 40,000 record-high level for the first time in history.
The index increased to the all-time high level of 40,098.99 level at 11.51 a.m. EDT (1551GMT).
It wa…
ISTANBUL: France’s annual consumer inflation rate was revised up to 2.2% for June from the initial estimate of 2.1%, according to a second reading released on Friday.
The figure eased from 2.3% in May, data from the French statistics agency Insee rev…
ISTANBUL: Sweden’s annual consumer inflation rate drops to 2.6% in June, the lowest since September 2021, the country’s statistical office said on Friday.
Coming below market estimates, June figure eased from 3.7% in May thanks to a slowdown in risin…
ANKARA: China’s imports unexpectedly dropped compared to a year ago in June in US dollar terms, according to customs data released on Friday.
Chinese imports decreased 2.3% year-on-year to $209 billion in June, bucking expectations of a 2.8% hike for…
ANKARA: Oil prices increased on Friday amid expectations that the US Federal Reserve’s (Fed) interest rate cut will start soon, ongoing conflicts in the Middle East contrary to ceasefire attempts, and rising demand hopes as the summer driving season b…
