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Trkiye’s current account deficit at 7-month low

ANKARA: Trkiye’s current account balance ran a $1.24 billion deficit in May, the lowest since last October, according to central bank data released on Friday.

The figure was significantly down from a $5.44 billion deficit in April and $7.78 billion i…

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Citigroup sees income, revenue rising in 2nd quarter

ISTANBUL: US-based multinational investment bank and financial services company Citigroup saw its income and revenue increasing in the second quarter of this year, according to its financial results statement released Friday.

The multinational invest…

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Mexico’s industrial activity expands 0.7% in May

ISTANBUL: Mexico’s industrial activity expanded 0.7% in May with seasonally adjusted figures compared to the previous month, the country’s statistical authority said Friday.

While the figure came in above market expectations of a 0.4% gain, it follow…

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